IT Business and Financial Management
Simplify IT business and financial management and amplifies value.
Financial Management for IT (ITFM)
Technology has changed everything, including the way you do business. That is why it is critical that you manage IT like a business and at the same time making better investment decisions, based on cost reduction and value creation.
The goal of Financial Management for IT Services (ITFM) is to optimize the cost of IT Services while taking into account quality and risk factors. The analysis balances cost against quality and risk to create intelligent, metric-based cost optimization strategies. Balancing is required since cost cutting may not be the best strategy to deliver optimum consumer outputs.
Defining and communicating the Value of IT for your organization can be a challenging undertaking, so let Centrax and it's partner ITBMO help you with insights tailored to your exact needs.
Cost Centre Owners
Drive better cost transparency for P&L managers, understand the top spend vendors, manage costs better and plan more effectively and enable more rich-full budgeting discipline that drives effective budget variance analysis.
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 also 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 and 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.
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Our technology consulting services help you steer your transformation with the latest technology, design thinking and agility, while also energizing your legacy systems.