IT budget planning: from Excel chaos to single source of truth
A practical guide for finance and IT leaders to move from scattered spreadsheets to a single IT expense planning process.
Why Excel budgets fail
Multiple copies, hidden formulas, and stale forecasts make IT budgets unreliable.
Teams waste time reconciling numbers instead of making decisions.
The single source of truth approach
Keep licences, renewals, and budgets in one shared system.
Use automation to keep future periods and spend categories in sync.
Start with your next renewal cycle
Map the next 90 days of renewals and budgets, then build one plan around them.
Share the result with finance, IT, and procurement to align everyone.