When it comes to IT cost management, what was once the sole responsibility of the chief information officer has evolved into a more collaborative function involving the CEO, the CFO and the leaders of business units, according to SpendMatters.com. NPI, a spend management consultancy, has put together a list of questions and tips CFOs should be discussing with their chief information officers in 2013.
Start with spending. Since there aren’t public list prices for many IT services, benchmark technology spending. Make sure vendor pricing and terms are transparent and fair.