IT Service Financial Management

Process

The main activities involved in Financial Management may be summarised as:

• Budgets:
• Analysis of the financial situation.
• Setting financial policies.
• Preparing budgets.
• Accounting:
• Identifying costs.
• Defining cost elements.
• Monitoring costs.
• Setting prices:
• Defining a price setting policy.
• Establishing a tariff of rates for services provided or products offered.

Note: using the buttons on the graphic you can access more detailed information about the links with other IT processes.