Spurred by the cloud and the challenges of today’s IT complexity, IT financial performance has emerged as a board-level concern. IT leaders can no longer leave the analysis, management, and accounting of IT costs to spreadsheets, and uncoordinated processes. This report explains how tech execs can use IT financial management, technology business management, and FinOps to account for costs, communicate clearly with business buyers, and illuminate tradeoffs to make financial IT decisions better and faster.