Financial Management for IT Services Process Template, Document and Guide

Save time & effort by cutting out the paperwork and going straight to the job at hand with our IT best practices encapsulated financial management for IT services process template

Our content experts have designed and developed the financial management for IT services process template using the worlds most widely accepted IT best practices approach. The financial management for IT services process template is easy to customize and contains twelve sections essential for any process documentation.

1. Document History
2. Purpose and Scope
3. Business Value
4. Reference Documents
5. Definitions and Abbreviations
6. Process Input & Output
7. Roles and Responsibilities
8. Key Performance Indicators (KPI)
9. Critical Success Factors
10. Risks
11. Procedure Flow Chart
12. Procedure Description

NOTE: The IT process template also includes guidance and tips for successfully defining and deploying the financial management for IT services process. Financial Management for IT Services Purpose & Scope

• The purpose of financial management for IT services is to assist IT organizations in their financial planning, budgeting, accounting, and charging requirements.
• Financial management ensures that the right financing is obtained to design, develop, and deliver IT services required to support the service strategy.
• The scope of financial management for IT services includes accounting, budgeting, and charging for existing and planning IT services.

Business Value

• Improved financial visibility and accountability.
• Compliance to government and regulatory requirements.
• Better decision-making due to shared awareness about the value of IT.