Wow the CFO with an IT Budget that Demonstrates Value Delivery

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Wow Your CFO with an IT Budget that Demonstrates IT Value Delivery Get the budget you need to enable IT to deliver to its full potential. IT cost pressure is fueled by negative sentiment; people feel that IT costs are too high and that IT has not delivered value. Budgetary approval is difficult because finance executives have a limited understanding of IT and use a different vocabulary. Budgets must be constructed at the invoice level to be transparent, but this results in complexity that is confusing. A world-class budget tells the story of how IT is going to deliver value to the business. Make the business your partner to understand their future needs. Know how much money you’ll need and the value you’re going to deliver. Communication matters; present clearly and credibly. Help the organization make the right decisions by explaining the implications of their choices.

Transcript of Wow the CFO with an IT Budget that Demonstrates Value Delivery

Wow Your CFO with an IT Budget that Demonstrates IT Value DeliveryGet the budget you need to enable IT to deliver to its full potential.IT cost pressure is fueled by negative sentiment; people feel that IT costs are too high and that IT has not delivered value.

Budgetary approval is difficult because finance executives have a limited understanding of IT and use a different vocabulary.

Budgets must be constructed at the invoice level to be transparent, but this results in complexity that is confusing. A world-class budget tells the story of how IT is going to deliver value to the business. Make the business your partner to understand their future needs.

Know how much money you’ll need and the value you’re going to deliver.

Communication matters; present clearly and credibly.

Help the organization make the right decisions by explaining the implications of their choices.

http://www.infotech.com/research/ss/wow-the-cfo-with-an-it-budget-that-demonstrates-value-delivery