Implement an Adaptive System for IT Financial Management
Pave the way for exponential technologies with agile financial practices
Book This Workshop
IT leaders must respond quickly to changes in the technology landscape and accelerate realization of organizational strategies. However:
- Organizational finance and procurement functions tend to be siloed and mired in manual, unoptimized processes.
- IT financial management capabilities can’t be executed with the confidence or agility needed to get and stay ahead of emerging opportunities.
- Not only are opportunities being missed, but waste and overspend are being created too.
Ensure the right technologies are available to the right people at the right time at the right cost:
- Create and implement an IT financial management system with agility at its core that can be evolved over time as organizational conditions and needs change.
- Extend finance and procurement operational agility across the organization via the targeted application of enabling technologies.
- Position the organization to institute a more flexible, responsive, and collaborative approach to technology investment decision making and funding.
Book Your Workshop
Onsite Workshops offer an easy way to accelerate your project. If you are unable to do the project yourself, and a Guided Implementation isn’t enough, we offer low-cost onsite delivery of our Project Workshops. We take you through every phase of your project and ensure that you have a road map in place to complete your project successfully.
Book NowModule 1: Define IT financial management context and objectives
The Purpose
Lay a foundation for developing an agile IT financial management system by understand your current context and setting design targets.
Key Benefits Achieved
Understand the real constraints and opportunities presented by your current operating environment to making your practice of IT financial management more agile.
| Activities: | Outputs: | |
|---|---|---|
| 1.1 | Understand ITFM in an Exponential IT context. |
|
| 1.2 | Assess the practice of financial management in your organization. |
|
| 1.3 | Assess ITFM’s relationship with other IT management functions. |
|
| 1.4 | Draft IT financial management system design principles and objectives. |
|
Module 2: Define IT financial management system components
The Purpose
Learn about and define the components that make up an agile IT financial management system.
Key Benefits Achieved
Identify the pieces that define IT financial management practice and how they relate and coordinate with one another to make your practice either more or less agile.
| Activities: | Outputs: | |
|---|---|---|
| 2.1 | Identify processes and capabilities. |
|
| 2.2 | Map decision rights and authorities. |
|
| 2.3 | Define required competencies. |
|
| 2.4 | Set sourcing strategy. |
|
Module 3: Finalize IT financial management system design and plan
The Purpose
Pull your proposed IT financial management system design and implementation steps into a consolidated presentation.
Key Benefits Achieved
Have a document that clearly expresses IT's vision for an improved approach to IT financial management and decision making that will make sense to your CFO.
| Activities: | Outputs: | |
|---|---|---|
| 3.1 | Map IT financial management workflows to create a system. |
|
| 3.2 | Test and finalize system design. |
|
| 3.3 | Identify and prioritize system implementation initiatives. |
|
| 3.4 | Draft IT financial management system design presentation. |
|
Module 4: Identify tech-enablement initiatives for core finance/procurement
The Purpose
Leverage technology to align, integrate, and improve finance and procurement processes in your organization.
Key Benefits Achieved
Initiate a collaborative, integrated, one-team approach to financial practice and decision making in your organization.
| Activities: | Outputs: | |
|---|---|---|
| 4.1 | Identify tech-enabled initiatives for core finance and procurement functions. |
|
| 4.2 | Draft a tech-enablement plan for core finance and procurement functions. |
|
| 4.3 | Assess impact of proposed initiatives on the IT financial management system. |
|
Module 5: Next steps and wrap-up
The Purpose
Ensure all workshop deliverables are complete and identify next steps in the IT financial management and Exponential IT journeys.
Key Benefits Achieved
Have completed deliverables in hand and a clear vision for what needs to be done on the IT financial management front to enable an Exponential IT future.
| Activities: | Outputs: | |
|---|---|---|
| 5.1 | Complete in-progress deliverables from previous four days. |
|
| 5.2 | Set up review time for workshop deliverables and to discuss next steps. |
|