Finance and Control

“How do I get a grip and control over traditional IT and cloud spending?”

Successful FinOps implementation

Challenges and Frustrations

As an IT finance professional, you face tough decisions. One big challenge is how to adapt old models for large expenditures to flexible cloud costs. This requires a new way of looking at budgeting, forecasting, and controlling costs.

Creating good cost models for mixed IT environments is also complicated. Calculating total costs is difficult because of the mix of systems. Hidden costs and comparing in-house servers to cloud solutions make it even harder. This creates doubt in investment and budget planning.

Finally, you may lack standard methods for reporting on different types of IT systems. Creating clear financial reports for different technical environments is a chore. Without established metrics and comparable data, it is difficult to make good decisions. Evaluating and comparing the financial performance of IT components also becomes a challenge.

Aligning traditional capex models with cloud opex spending

Struggling to integrate cloud costs into existing financial structures. Challenge of reconciling flexible cloud spending with rigid budgeting processes. Difficulty predicting and controlling variable cloud costs.

Complexity of calculating total cost of ownership in mixed IT landscapes. The challenge of identifying hidden costs in hybrid infrastructures and the difficulty of comparing on-premises and cloud costs.

Difficulty creating consistent metrics across diverse IT environments. The challenge of developing consistent metrics across heterogeneous infrastructures. Lack of comparable data hinders effective decision making.

Successful FinOps implementation

Solutions

Begin met het maken van uitgebreide kostenmodellen die alle delen van je gemengde IT-omgeving meenemen. Zorg dat deze modellen flexibel genoeg zijn om zowel oude als nieuwe cloudsystemen te analyseren. Zo krijg je een compleet beeld van je totale IT-kosten.

Investeer ook in slimme financiële tools die speciaal zijn gemaakt voor gemengde omgevingen. Deze tools geven je direct inzicht in uitgaven over verschillende platforms. Zo kun je kosten nauwkeurig toewijzen en budgetteren. Maak daarnaast standaardsjablonen voor rapportages met vaste meetmethodes voor alle soorten IT-systemen.

Werk tot slot nauw samen met je IT-afdeling om alle kosten van je technische landschap te begrijpen. Door regelmatig kennis te delen en samen inzicht te krijgen in de totale kosten van IT-diensten, kun je betere financiële beslissingen nemen. Met deze aanpak kun je de financiële kant van je gemengde IT-omgeving effectief beheren en verbeteren.

Develop comprehensive TCO models covering all infrastructure types

Build comprehensive cost models for diverse IT environments. Include both direct and indirect costs of on-premises and cloud solutions. Develop flexible models that adapt to changing technology landscapes.

Deploy advanced financial management software for complex IT infrastructures. Get real-time visibility into spending across all platforms. Facilitate accurate cost allocation and budgeting for hybrid environments.

Develop consistent reporting formats across diverse IT environments. Create consistent metrics across on-premises and cloud infrastructures. Provide comparable financial data for decision support.

Strengthen collaboration between finance and IT. Organize regular technology and financial knowledge sharing. Create a common view of the total cost of IT services.

Curious about what we can do for your organization?

Contact us today for a free consultation.