No sell without ROI
13 September 2012
Boards are getting suspicious of projects to spend money on technology - and who can blame them, if the FD can’t calculate the return on investment?
When Y2K was looming, or lack of euro compliance was sending a shiver through the Board, the FD could get the capital investment needed for a new financial system signed off in one quick flourish of the Chairman’s fountain pen. Now, FDs face a tougher challenge from the Board for their next system replacement, but I would argue that return on investment (ROI)...