Financial flows are an important aspect of decision making in an organization. To enable decision making, it is critical to create a comprehensive and consistent view of key figures. Subsequently, financial management must be directly integrated with the information flows that impact these figures to create a holistic, transparent and up-to-date data basis.
"Seventy-four percent of mature IT organizations prepare multiple views of the budget, including general ledger, asset, IT technical domains, business services and investment portfolio (such as run, grow and transform) types to inform decision making compared with only 42% of the remaining organizations who participated in the maturity assessment."
Gartner IT Score for CIOs, May 2021, n = 252
Gartner, 7 Steps Drive IT Financial Management Tool Success, Robert Naegle, Chris Ganly, 14 June 2021
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