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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

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Advice from procurement: How to evaluate and propose new IT investments

CIO Business Intelligence

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Procurement professionals are skilled at negotiating contracts, identifying cost-saving opportunities, and evaluating vendors.

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A Complete Guide To Driving Digital Transformation In Marketing

datapine

When you have set KPIs and got the right digital marketing tools at your disposal, your business will benefit from the following: 3. Later, your team can find the right channels that offer better ROI. Additionally, to track the success and performance of all your social efforts you can benefit from an interactive social media report.

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A Guide To The Top 14 Types Of Reports With Examples Of When To Use Them

datapine

Operational reports are commonly used in manufacturing, logistics, and retail as they help keep track of inventory, production, and costs, among others. A good example is a KPI scorecard. Here, you can spot pivotal trends based on costs, task statuses, margins, costs, and overall project revenue.

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Consolidate Your Software Spend Data For Better IT Budget Planning

Smart Data Collective

There are a number of benefits associated with thorough and accurate software stack expenditure planning, including good communication between the CEO and CIO about business priorities and streamlined procurement processes. These tools also help you discover the most costly apps, so that you can look for more cost-effective alternatives.