Unmanaged IT assets are one of the biggest hidden drains on financial performance in the services sector. Devices renewed too early, unused licenses, and scattered refresh cycles quietly eat into budgets and distort forecasts.
A clear roadmap helps CFOs and CIOs regain control. By starting small (auditing assets, putting guardrails in place, and linking usage directly to ROI), FinServ leaders can reduce waste, strengthen compliance, and forecast technology spend with confidence.
Day 30: Diagnose
Audit and baseline your IT assets.
Review devices, licenses, and refresh cycles to establish a clear baseline of active versus idle assets. Treat IT assets like line items on a balance sheet — tracked, verified, and accountable.
Day 60: Stabilize
Put guardrails in place.
Standardize refresh schedules, add approval workflows for purchases, and prevent duplicate license renewals. Incorporate device telemetry and user work habits (mobile, static, hybrid) to right-size technology consumption during refresh planning. These steps help turn unpredictable spend into manageable forecasts.
Day 90: Forecast with Confidence
Build visibility and tie spend to ROI.
Deploy dashboards that link IT usage, consumption, and financial reporting. CFOs and CIOs gain real-time clarity to align IT investments with business outcomes.
Red Flags
-
Surprise replacement costs
-
Overlapping SaaS contracts
-
Inconsistent depreciation schedules
-
Technology over-provisioned without aligning to user needs
Shift IT from a cost centre to a managed portfolio of assets that generates predictable yield. Ready to reduce waste without cutting innovation? Connect with Compugen’s Financial Services Team today.
new.jpg)
.png)