Tag Archives: Technology Spend Management

A CFOs guide to the Black Box of IT

Apptio, a leader in Technology Business Management (TBM) software has recently joined PayStream for a new research report: Reinventing Technology Business Management: A CFOs Guide to the Black Box of IT. The underlying question here is “What if a CFO knew exactly why every dollar was spent on IT?” This report will focus on providing CFOs with a tool set to effectively analyze and influence IT spending.

Every CFO is told time and time over that increasing an organization’s technology is necessary. Often they are left with arduous decisions while being given little insight into the true value that new technologies bring to the table. New IT management solutions allow CFOs to effectively partner with CIOs to increase the ROIs of technology spending and improve IT workflow.

Technology Business Management software provides access to real-time, consumable data that illuminates the consumption and ROI of technology investments. CFOs often view IT spending as an uncontrollable or fixed cost. With the use of TBM software, IT departments can be transformed into profit centers at a granular level by decreasing the costs associated with server allocation, labor, and energy consumption. Going further, a breakdown of expenditures into unit costs provides CFOs with the necessary information to make sound IT spend decisions that decrease unnecessary spending and increase revenues.

PayStream is excited to work with Apptio on this educational report set to hit the presses this April.

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