What Is a Cost Model? An Expert’s Guide With Examples

IT chargeback and showback for enterprises

If you have ever tried to answer what a product, a service or a customer actually costs you, a cost model is how you get there. It takes the costs already sitting in your general ledger and traces each one to the product, service or customer that caused it. Whether you are building your first cost model or improving one that already exists, this page is your reference point.

What is IT Financial Management (ITFM)?Ā AĀ Guide toĀ IT Cost Transparency and ControlĀ 

IT Financial Management (ITFM)

If you are responsible for IT spending, you have probably faced one of these questions: what does this service actually cost, which business units are consuming the most, and are we getting value from our technology investments? This guide covers everything you need to know about IT Financial Management (ITFM): what it is, why it matters, how it compares to TBM and FinOps, the framework components, implementation steps, common challenges, and what to look for in an ITFM software platform.