IT financial management and cost recovery

Organisations looking to establish IT cost recovery processes do so in order to understand the true cost of a service or asset. However, many struggle to achieve this goal because of tight budgetary constraints and a lack of insight into the steps that need to be taken along the way. This white paper looks at how to build concrete IT financial management and cost recovery processes. It explores how this allows IT and the organisation it supports to better align economic planning and budgetary decisions with business goals and simplify cost allocations, improve visibility into cost structure and optimise resource management.