IT Cost Transparency: Fundamental Conversations for Implementation
Join BearingPoint managing director Frank Mackris as he explores and explains the role IT cost transparency plays for financial institutions. As companies add new accounts and increase services like online banking, there’s a huge need for more technology expenditures. The result is often difficulty in relating those expenditures back to the business. In this podcast, two of the fundamental barriers to implementing technology cost transparency are examined.
Technology cost transparency is a next generation solution that brings together technology costing and chargeback; driver based planning and forecasting; service catalog; and advanced analytics to provide a new view of technology services, cost of delivery and service levels. Once in place, cost transparency allows a new conversation to occur between technology and the business.