Having difficulty explaining your IT expenses to your business partners?

Financial Transparency

Financial Transparency is critical to "running IT like a business".

At SteelGlass we understand your concerns because we have lived and experienced it. Too often we see multi-billion dollar technology expenses managed through allocation methodologies that provide no transparency into consumption and that have no linkage to business activities. We are familiar with these challenges and offer solutions to get you started on the journey to Financial Transparency.

—Let us take the mystery out of the equation and provide transparency that will build credibility, influence the right behavior and drive strategic business decisions...

Assessment

A SteelGlass assessment will benchmark you against your peers and industry best practice. We will determine where you are in the maturity process and work with you to define a vision and road map. The following are some examples of the areas of expertise we cover and will be included in a comprehensive assessment.

Chargeback Model assessment against industry best practices
Full Chargeback process review & documentation
Service / Product Catalog Maturity
Data Accuracy & Integrity Analysis SOR (System of Record) Analysis
Rates Development & Management Review
Strategic & Incentive Pricing Analysis
Product Pool (P&L) & Data Capture Review
Budgeting & Forecasting
Chargeback & Reporting Tool Assessment
Metrics Management & Utilization

Recommendation

Our recommendation is based on our 70 years of industry experience combined with the results of our detailed maturity assessment. You can expect the following:

Recommended phased approach to transparency in alignment with your maturity goals and strategic vision
A recommendation based on a Feasibility Model that assess your ability to adopt a transformational change
Communicate results with a focus on delivering results in the near term
Provide benchmark to industry so you can position your company to be competitive
Provide analysis on Process Maturity and help you define future state
Make recommendations at each assessment level that are in alignment with your strategic vision

Implementation

Goal: Align People, Process & Tools to provide greater transparency

Establish Phase & Timeline focused on delivering results
Implement Business Requirements specific to each phase
Provide Onsite Staffing including Project Management Support at each step in the remediation process
Implement automation processes including automated reporting with role based dashboards

Success

A Successful Financial Transparency journey will yield the following results:

Build credibility with your business partners and present results with confidence
Become financially agile and increase speed to market
Identify key levers that will drive efficiencies
Run IT "like a business"