{"id":132046,"date":"2023-08-19T13:53:39","date_gmt":"2023-08-19T13:53:39","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/been-asked-by-one-of-the-key-executives-in-the-finance-function-to\/"},"modified":"2023-08-19T13:53:39","modified_gmt":"2023-08-19T13:53:39","slug":"been-asked-by-one-of-the-key-executives-in-the-finance-function-to","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/been-asked-by-one-of-the-key-executives-in-the-finance-function-to\/","title":{"rendered":"Been asked by one of the key executives in the finance function to"},"content":{"rendered":"<div>\n<p>QUESTION 1: IT Bench marking. What are some of the typical challenges of benchmarking IT costs?<\/p>\n<p>\u00a0<\/p>\n<p>QUESTION 2: IT Product Evaluation You&#8217;ve just been asked by one of the key executives in the Finance function to recommend a commercial-off-the-shelf software package or cloud-based software (SaaS) for the financial close process by two days from now so funding can be planned in next year\u2019s budget, which is due three days from now. Currently the close process is done without benefit of any IT capability except spreadsheets. The executive wants the new software to shorten the financial close cycle and enable the company to meet financial regulations. How will you respond to your client\u2019s request? What\u2019s the problem with implementing an IT technology product \/ service without a thorough evaluation process?\u201d<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>QUESTION 3: Performance Measures The CIO wants to develop an organizational performance scorecard for the IT organization. You\u2019ve been asked by the CIO to provide at least one key performance measure related to the IT function you manage (use the same IT function you chose for your course project) for each of the following categories: financial performance, process performance, people performance, and customer perspective. Identify the IT function and explain what measures you\u2019ll provide and why you chose these measures.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>QUESTION 1: IT Bench marking. What are some of the typical challenges of benchmarking IT costs? \u00a0 QUESTION 2: IT Product Evaluation You&#8217;ve just been asked by one of the key executives in the Finance function to recommend a commercial-off-the-shelf software package or cloud-based software (SaaS) for the financial close process by two days from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-132046","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/132046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=132046"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/132046\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=132046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=132046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=132046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}