IT Financial Process Documentation
As
IT groups move to adopt tighter financial operating procedures,
the traditional methods of budget setting and subsequent
financial management are falling short of the need.
This unique ITEXC service is designed to quickly establish
"best practice" processes in an area that IT
management are often not adequately trained or staffed
to address.
We have a standard procedures guide that we adapt
to fit with your operational and finance needs.
Use this as a “quickstart” service when first
making the transition to the different approach to budget
setting that uses activity based and service costing methods.
ITEXC will document procedures
and processes to handle budgeting, re-forecasting
and day-to-day financial management, working with
your management team and finance to quickly and efficiently
produce financial and service budget process documentation.
Typically we would:
- deliver a methodology
and Process Guide (designed for the specialized nature
of IT financials) to mesh with the organizational budgeting
and ongoing financial management needs
- provide assistance in the
conduct of the IT budget to embed the new processes
- present a robust service
costing/chargeback model that meets commercial
operating behavior norms
The exact elements of the service would be tailored to
suit your needs.
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