Develop a Fit-for-Purpose IT Financial Taxonomy Storyboard

Author(s): Jennifer Perrier

IT’s financial struggles are often rooted in problems with the financial data itself. This guide to take the first critical steps in rehabilitating and leveraging your IT financial data, including:

  • Knowing what IT financial data is, its points of origin, and where it lives organization.
  • Developing a meaningful taxonomy to classify and organize your IT financial data using Info-Tech’s IT Cost Model as a base.
  • Systematically implementing your taxonomy in collaboration with your Finance department as part of your overall IT financial management program.

Create a taxonomy to classify and organize your IT financial data so that you have the transparency needed for meaningful conversations.