IT makes up a large chunk of most companies' budgets, but often CFOs lack insight as to where that money goes or whether investments are effective. Following IT best practices can help overcome that gap, according to Martha Heller at CFO.com.
The first step, Heller suggests, is ensuring you have a corporate strategy. Then you can design your IT investment strategy around serving your business's priorities.
Next, put in place implementation reviews. Did your last IT investment live up to its business case?
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.