Expert Opinion

Transforming Unit Economics with Integrated FinOps and IT Financial Management

By: Business Reporter

Published on December 18, 2024

Watch time: 2 mins

Video

Transforming Unit Economics with An Integrated Approach To FinOps and IT FInancial Management

In today’s dynamic IT landscape, organisations are moving beyond traditional expense tracking by merging IT Financial Management (ITFM) with FinOps practices. This integration offers a comprehensive view of IT expenditures, enabling data-driven decisions that align technology investments with strategic business goals. Transparency becomes a pivotal asset, fostering accountability and informed decision-making across departments. By understanding the true cost of delivering services through unit economics, businesses can optimise their IT spending, ensuring each investment contributes to measurable outcomes and overall value creation. Explore how this transformative approach can enhance your organisation’s understanding of cost drivers and unit economics.

View the full interview here: Business Reporter | The Independent