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By Frank Bannister

Purchasing and fiscal administration of knowledge Technology goals to noticeably lessen the amount of cash wasted on IT by way of supplying readers with a complete advisor to all features of making plans, handling and controlling IT buying and finance. ranging from a reputation that IT procuring and the monetary administration frequently has to be taken care of otherwise from different sorts of expenditure, the writer attracts on over 25 years of expertise within the box to supply readers with necessary mix of solid strategies and customary experience ideas which have been attempted, verified and located to paintings. lots of those are illustrated through case histories, each one with an ethical or a lesson.

Purchasing and fiscal administration of data Technology offers worthy instructions and recommendation on complete variety of issues including:

* IT acquisitions policy
* facing suppliers
* Budgeting and value control
* IT rate and possibility management
* Specification, choice and overview of systems
* IT price for cash

Show description

By Frank Bannister

Purchasing and fiscal administration of knowledge Technology goals to noticeably lessen the amount of cash wasted on IT by way of supplying readers with a complete advisor to all features of making plans, handling and controlling IT buying and finance. ranging from a reputation that IT procuring and the monetary administration frequently has to be taken care of otherwise from different sorts of expenditure, the writer attracts on over 25 years of expertise within the box to supply readers with necessary mix of solid strategies and customary experience ideas which have been attempted, verified and located to paintings. lots of those are illustrated through case histories, each one with an ethical or a lesson.

Purchasing and fiscal administration of data Technology offers worthy instructions and recommendation on complete variety of issues including:

* IT acquisitions policy
* facing suppliers
* Budgeting and value control
* IT rate and possibility management
* Specification, choice and overview of systems
* IT price for cash

Show description

Read Online or Download Purchasing and Financial Management of Information Technology: A practical guide (Computer Weekly Professional) PDF

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Additional info for Purchasing and Financial Management of Information Technology: A practical guide (Computer Weekly Professional)

Example text

It is not uncommon to find an uneasy or even a hostile relationship that has lasted many years. If supplier relationships are poor, the problems should be sorted out or the relationship terminated. 4 Joint development Sometimes a purchaser may decide to develop a customized software package which it feels may lead to a potentially saleable product in its own right. In these circumstances, it may be attractive to enter into an agreement with a supplier to develop the system jointly with a view to the supplier then selling on the software to third parties.

This is not to say that a purchaser should always take the current supplier’s price without question. However, there are ways of ensuring that current suppliers are competitive without changing them every month. The guiding principle in dealing with suppliers should be long-term value for money. 2 Unhealthy dependence One symptom of a poor relationship is an unhealthy dependence by a supplier on a customer or vice versa. This can easily happen with software where an organization has heavily customized systems.

It is a central principle of good budgeting that users are responsible for their own expenditure. The user completes a purchase requisition form. 2 shows a sample form. The requisition should show: • Who is making the request. This may be the user or the person with purchase authority. • Confirmation that this is both planned and budgeted expenditure. If budgets are large and complex, the appropriate budget code heading should be shown. It may be appropriate to show the amount budgeted on the form.

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