ITBMO modernizes your IT Financial Management practice using EZTBM
ITBMO modernizes your IT Financial Management practice using EZTBM
Overcome the “IT is too Expensive”
Enable your IT organization to explain the IT costs, overcome the “IT” is too expensive perception, justify your growth, manage costs, and make cost optimization decisions.
What is your Job Function?
CIOs
• Drive value conversations.
• Shape the business demand.
• Help optimize IT cost.
• Shift focus to innovation.
• Maximize IT run-grow-transform ratio.
• Drive better visibility into IT costs.
CFOs
• Drive IT cost optimization or reduction Instant access to IT costs and budget reports and dashboard to drive quicker decision making process.
• Quickly understand what drives variances.
• Drive awareness of IT costs in greater level of granularity.
Cost Center Owners
• Drive better cost transparency for P&L managers.
• Understand the top spend vendors. Manage costs better and plan more effectively.
• Enable more rich-full budgeting discipline that drives effective budget variance analysis.
Service/App Owners
• Understand service/app costs end to end.
• Build a service-consumption based cost model Drive accountability and ownership.
• Drive service/app cost optimization opportunities and drive higher efficiency.
• Improve maturity for business planning and IT cost allocation.
Business Unit Owners
• Help BU owners understand their IT service and application consumption and cost.
• Drive more value focused conversation.
• Influence IT spend based on consumption and demand.
• Provide better visibility to forecast data.
• Drive more business aligned portfolio.
IT Finance Managers
• Implement and drive a TBM discipline.
• Build the TBM Office Drive consistency, practice and accountability.
• Guide service and application owners to build a service-consumption based cost model.
• Drive cost transparency at financial, IT, and business level.
OPTIMIZE COST
Provide better visibility – Make intelligent decisions and Manage cost plan effectively
DRIVE VALUES
Transform your IT cost center to a value center – Turn IT into a revenue driver
FUND INNOVATION
Shift the focus from Run the Business (RTB) to Change the Business (CTB)
Client Testimonials
Don’t take our word for it – here’s what our clients say:
Establishing an IT business management office strategizes an approach for running IT like a business
OFFICE OF CIO
$1B IT Budget Insurance Company
Implemented a state of the art service-based costing approach that supported our cloud services single pane of glass costs dashboard
IT DIRECTOR
European Financial Service Provider
You really simplified managing financials of our infrastructure as a service (IAAS)
IT INFRASTRUCTURE VP
Healthcare Provider
Our Blog
Looking for some friendly reading?
ITIL 4 and IT Financial Management –What’s Changed?
ITIL, the popular IT service management (ITSM) best practice framework, has long promoted the need for better financial stewardship in IT. The very first version of ITIL included a heavy[…]
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Worried About Introducing IT Chargeback? Then Try “Showback”
If your IT department is like the majority of others, your business-as-usual (BAU) costs will likely be three times the value of your project-based – or change/innovation-focused – IT spend.[…]
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7 Tips for Better Cloud Cost Management
7 Tips for Better Cloud Cost Management The cloud delivery model has come a long, long way since the turn of the decade. Back then companies were worried about public[…]
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At ITBMO we bridge IT, business, and finance disciplines to help IT create real value.