Management and Finances

Budgeting on a companywide basis is a must-have skill for today’s IT leaders. IT is often viewed as a cost center—so how can you show management that your department can make money for the company? We have resources including new books on the subject, other finance resources, and accounting basics (such as EBITDA and CAPEX) to help you keep your IT team’s finances in order.


A Concise Guide to IT Budgeting

By Patrick Gray

Every IT leader has the critical duty of budgeting on his or her plate, but the issue is far from simple. In fact, it could be even more difficult for IT, as it’s often viewed as a cost center by many executives. One tech writer is here to help with a concise guide for IT budgeting.

SHARE THIS ARTICLE

IT and Finance Executives: Partners at Last

By Mary Shacklett

Chief information officers (CIOs) have traditionally butted heads with chief financial officers (CFOs) over IT spending. But CFOs are now seeing how technology is enabling business strategy—and they’re working with, rather than against, IT. Most IT leaders are saying that it’s about time!

SHARE THIS ARTICLE

Recognizing Overrunning Cloud Project Costs

By David Taber

Too often, cloud integration initiatives result in some unwanted surprises in cost. In fact, these overrunning costs happen with alarming regularity. But these cloud project surprises have a certain anatomy to them, and recognizing the patterns is the first step toward solving the issue.

SHARE THIS ARTICLE

Finance vs. IT: Time for a Truce

By Bart Perkins

It’s the age-old battle—budget against the needs of the IT department. While frustration is understandable, IT leaders need to understand the financial policies that control the way IT buys infrastructure and systems. One tech writer has thoughts on how to move beyond the conflict.

SHARE THIS ARTICLE

New Accounting Standards Mean New IT Leasing Rules

By Stephanie Overby

New reporting rules could make IT equipment leasing less attractive, but lessors may be more amenable to meet client demands or offer new value-added services to win over customers. Read on to get the whole story and to see how it may affect your IT department’s strategy.

SHARE THIS ARTICLE

The Tax Advantages of System Implementation

By John Hoebler

With the introduction of software as a service (SaaS), organizations must understand and evaluate their options to account for their SaaS implementation expenses—for both book and tax purposes. See one tech writer’s major accounting considerations for companies implementing SaaS-based systems.

SHARE THIS ARTICLE

FedEx Shaved Millions off IT Costs. Could You?

By Clint Boulton

IT is often viewed by executives as a cost center, so every IT leader would like to know how to trim costs without sacrificing quality. FedEx is doing just that, saving hundreds of millions of dollars by eliminating redundant applications and legacy technologies, being savvy with analytics, and aligning with a service-oriented culture.

SHARE THIS ARTICLE

IT Budget 2017: Cloud Will Stay Big

By Alison DeNisco

A new report predicts that enterprise IT budgets for hosting and cloud services are going to rise by 6% in the new year. It’s further demonstration that third party vendors are increasingly relied upon for infrastructure—whether that’s a good thing or a bad thing depends on your organization or industry.

SHARE THIS ARTICLE

IT Spending on Innovation on the Rise

By Patrick Thibodeau

A new survey suggests that the tenure of IT leaders is rising, spending on hardware and software is decreasing, and more money is being put toward cloud services. Another area that is becoming a priority for IT spending is innovation. What does innovation spending really mean, and why is it happening?

SHARE THIS ARTICLE

Shrink Your Budget, Not Your Forward Progress

By Jack Wallen

IT leaders are often put in the position where they must shrink their budget. Naturally, they want to accomplish this without halting progress their department is making or endangering their staffs’ jobs—or their own. It can be a difficult numbers game, but it’s possible to make it work.

SHARE THIS ARTICLE