5 tips to avoid common IT budgeting pitfalls

5 tips to avoid common IT budgeting pitfalls

An efficient IT budget sets the course for your organization's performance and ensures that your teams are equipped to deliver sustained results. While CFOs build accurate budgets by following meticulous, detailed frameworks, the presence of common budgeting pitfalls can derail these well-laid plans.

This e-book accounts for the widespread, indiscernible pitfalls that exist within IT budget planning and lays out the following practical strategies for overcoming them:

  • Account for IT expenses due to organizational shifts.

  • Account for seasonal expenses.

  • Understand asset expenses through various stages of the asset life cycle.

  • Understand the financial requirements of varying departmental growth.

  • Break down the root cause of overspending.

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