Strategic Budget and Finance
Strategic Budget and Finance (SBF) supports the technical work in AITS by managing AITS’ ongoing business activities, including contracts and acquisitions, purchasing coordination, budget and financial management, physical assets, telecommunications, facilities management and administrative support.
In 2013, AITS implemented an activity-based costing budget tool to provide a more systematic approach to the budget justification process, provide ongoing in-depth financial analysis, and better financial transparency. Activity-Based Costing (ABC) is a costing model that manages costs or expenses by identifying activities used to support services. By identifying the cost of doing business, we can better measure and communicate the value of IT.
To learn more about how Activity-Based Costing (ABC) is utilized by AITS for strategic planning and the annual budgeting process, see What Value Does Your IT Organization Bring? Or contact Jenny Ehrnthaller jenehrn@uillinois.edu.