Creating Technology Financial Accountability, Cost Transparency

From Comsci’s whitepaper, “Creating Technology Financial Accountability.” an “IT Financial Management and Cost Transparency White Paper:”

“Increasing the level of granularity around IT products and services also produces more accurate costs, enabling fair comparisons and accurate benchmarking.  And, by having accurate costs, business users can compare internal costs to outsourcing and make the most strategic decisions…

…By providing business managers with insight into their complete IT expenses in business language, they are now better armed to make strategic pricing decisions about the services they provide to their external customers (pricing for check processing fees, online reservations, ATM fees, etc.).”

Focused on TBM, Technology Business Management ("run IT like a business"). - 30+ years of experience, in providing IT strategy, process, application, RAMP, hardware, software, network, internet and cloud solutions to financial services, MRD and high technology companies from startup to F500. - 20+ published articles on the intersection of business and technology. - Startup advisor and mentor to a dozen startups, four of which were acquired and one of which is newly-launched (ITconnecter, a Crosswaves Ventures LLC company). - Specialties: IT Technology Business Management (TBM, aka "run IT like a business"), strategic partnerships, technology innovation, solutioning and program/project management (onshore, nearshore, offshore). Technology consulting focused on innovation, built around process, data and integration (cloud, social networking). We use I/TBM financial management best practices to help mid-size and large enterprises ensure they are meeting the needs of their business effectively and efficiently.

Posted in agile, agility, BrandIT, business of IT, CIO, Comsci, information technology, IT as a business, ITBM, ITconnecter, ITDM, ITFBM, ITFM, ITFMA, IVIS, leadership, shadow IT, TBM, thought leader, transparency Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Looking forward to your perspectives....