The Evolution of IT Financial Management
IT financial Management is interpreted as the practice of controlling the charging and or value of IT investments and costs. Like all other departments, IT too has been influenced by financial...
View ArticleKnow Thy Self – KEDARit Assessment Complies with Forrester Research – Part I
KEDAR Information Technologies, Inc. (KEDARit) is pleased to share news of completion of our Internal Assessment of the State of the Business, and establishment of our current fair market value. The...
View ArticleGoing Beyond IT Financial Spreadsheets
CIO’s must move beyond using spreadsheets to manage the business of IT. Being successful today requires IT to run like a business within a business. Why? To better meet the demands for business growth...
View ArticleFive IT Service Costing Best Practices for Complex IT Organizations
The concept of allocating the cost of IT services (commonly called “IT service costing”) is not new. Organizations since the 1980s have been doing zero-based budgeting, activity-based budgeting since...
View ArticleKnow Thy Self – KEDARit Assessment Complies with Forrester Research – Part II
The “smartest” IT Financial Management Solution provides an IT Leader the capability to analyze IT spending and budgets from multi-dimensional viewpoints such as line-of-business, department,...
View ArticleHow IT Showback / Chargeback Achieves “Lean” Objectives
Today’s IT organizations may or may not adopt an IT Showback or IT Chargeback strategy. Regardless, they are increasingly challenged to deliver greater IT spending transparency. Such transparency...
View ArticleChargeback or Showback Benefits
Provide greater IT Cost Transparency to increase customer satisfaction. The concept of IT Showback or Chargeback is to provide a deeper understanding to business units of cost and their use of IT...
View ArticleWhat’s with all the talk about ITSM, ITIL and IT Service Costing?
CIOs are striving to impose formal processes on IT activities, spurred by new compliance regulations, the rise of outsourcing options, flattened budgets, a retiring SME workforce, and calls by senior...
View ArticleYou’ve done the research on the value of ITSM, ITIL and IT Service Costing –...
When asked about the current state of their IT environment, IT executives answered that they “believed that their systems did not deliver the value expected by the business.” They felt that they were...
View ArticleYou’ve done the research on the value of ITSM, ITIL and IT Service Costing –...
It’s time to evaluate yourself, other internal resources, and outside vendors to see just how exactly you are going to implement “Project Business Transparency.” Doing it in-house Since ITIL became...
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