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Business Engine Speaks on IT Budgeting Best Practices at the Financial World of Information Technology 2005 Conference.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- Business Engine, the leading provider in application software solutions for running the business of IT, today announced that Mark Strauch, chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 at Business Engine, will speak on the topic of Best Practices in IT Planning and Budgeting at the Financial World of IT 2005 Conference at the Hyatt Fisherman's Wharf Fisherman's Wharf may refer to:
  • Fisherman's Wharf, Monterey, California - a historic fishing wharf in Monterey, California
  • Fisherman's Wharf, San Francisco, California - a hugely popular tourist destination and still-functioning wharf, located in San Francisco,
 Hotel in San Francisco on Wednesday, April 20, 2005 at 8:00 am (PST PST Paroxysmal supraventricular tachycardia, see there ).

In his session, Strauch will discuss how leading firms have earned a technology representation in the boardroom by effectively running the business of IT. The session will uncover best practice examples from blue chip organizations that have succeeded in achieving establishing the technology function as a value center within the enterprise.

Attendees, including IT and IT Finance executives, will gain insight on how to identify variances in budget, plan, and actuals sooner, and uncover hidden funds, preventing waste, and minimizing risk. The best practices session will also address how to leverage project portfolio management tools and best practices, including financial management, budgeting and charge-backs to achieve cost transparency for internal Business Unit customers, align IT with strategic business needs, and increase IT credibility.

The conference, which runs from April 18-22, provides a complete curriculum on financial & expense management, chargeback Chargeback

The charge a credit card merchant pays to a customer after the customer successfully disputes an item on his or her credit card statement.

Notes:
Customers dispute charges to their credit card usually when goods or services are not delivered within the
 and activity-based costing In a business organization, Activity-based costing (ABC) is a method of allocating costs to products and services. It is generally used as a tool for planning and control. This is a necessary tool for doing value chain analysis.  for IT organizations. The IT Financial Management Association (ITFMA ITFMA Irish Timber Frame Manufacturers' Association (Ireland) ) was established in 1988 and is the only association dedicated to this profession and provides a comprehensive education program on the principles and practices used to financially manage Information Technology (IT) organizations. For a complete program agenda, please visit http://www.itfma.com/sanfran05-f-b.html

About Business Engine

Established in 1985, Business Engine is a leading provider of enterprise software for 'running the business of IT'. The Business Engine Network allows global IT organizations to manage IT strategy, financial governance and operational execution within a single Web-based solution, creating enterprise transparency that dramatically improves IT investment decisions, business alignment and delivery results. Business Engine serves over 80,000 end-users at global organizations including Boeing, Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank , ING, Merrill Lynch, Pfizer, Siemens and Tesco Stores, plc. Please visit www.businessengine.com for more information.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 6, 2005
Words:352
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