Financial Management – the Building Block of Strategic IT Success

Trends like cloud computing and shadow IT are undercutting the CIO’s influence. To become strategic business partners, CIOs need robust IT financial management systems and strong partnerships with experts.

For almost 30 years, ever since their position first appeared at a few pioneering companies, chief information officers have struggled to bridge and coordinate central IT departments and the business units they support. Paradoxically, that objective has in some ways grown more challenging even as organizations and their operations have become increasingly dependent on a pervasive IT infrastructure.

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