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7 Factors Drive IT Financial Management Tool Success

7 Factors Drive IT Financial Management Tool Success

Download the Gartner Report

According to Gartner, "IT financial management (ITFM) efforts often falter when IT organizations race to implement a tool before they clarify and socialize their mandate, timing and benefits". In this report, Gartner "describes seven actions that CIOs can take to successfully deploy an ITFM tool, including defining success, developing a clear mandate and engaging support".

Download the report to discover why Gartner says CIOs looking to enable the management of IT finance, economics, value and risk with a system or tool implementation should:

  • Improve the chances of a successful ITFM solution initiative by engaging with executive stakeholders and clarifying, documenting and socializing critical deliverables.
  • Manage the data aggregation process proactively by cataloging key data sources, scoping normalization requirements and identifying data access requirements.
  • Plan for ITFM cost-model evolution by understanding near-term versus long-term needs and building a three- to five-year cost-model vision.
Gartner: 7 Factors Drive IT Financial Management Tool Success

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