If you are on the purchasing end of software, you know it can be pretty expensive and it can cost just as much or more to maintain over its lifecycle. You know what is more expensive? Not having a plan for either thing. This month, we thought we would discuss some topics that can help you not waste money on technology.
Studies show that nearly one-third of Software-as-a-Service (SaaS) applications go unused over any given month. This is a lot of wasted money. Why does it happen? Most of the time businesses will buy SaaS applications to try and get advanced software to help run their company, give employees the tools they need to succeed, and better promote their products and services.
The thing is, if you have SaaS applications (user accounts) that aren’t being utilized, it is just flushing money down the drain. You need to regularly assess your cloud computing spend and ensure that you are paying for the software your business needs and not more of it.
It would be nice to be able to buy top-of-the-line workstations for everyone in your organization. Unfortunately, the better the computer, the more expensive it is. Most of the workers in your organization don’t need high-end computers to facilitate their work. So while you may justify this as an investment that will pay for itself over time, that can be a misguided notion.
The reason is that most computers have a definitive timeline where they run optimally. It doesn’t matter what processor or RAM the machine has in it, computer components are prone to failure after a few really good years, especially for machines that are being used for business purposes. By assessing what the computing needs of each position are, and purchasing hardware commensurate with those needs, you can save your business a lot of money on hardware.
Vendors that provide all the useful technology can be problematic for your business. This is because they always command attention, trying to upsell you on the services and products you have already purchased through them. While having vendors that you can trust is a major benefit, they are always looking to squeeze a little more money out of your business.
While you may have committed time and money to a technology through a certain vendor for some time, you can always save money by shopping around as your vendor contracts come up. This is because a lot of businesses, including the ones you currently work with, will run promotions that can cut your technology spending significantly. Getting the best technology for the best price can really be a benefit for your business.
Preferred consultants can help you find the best technology at the best price, while also being a single point of contact to keep you focused on your business and not on your IT. Give us a call today at 708-781-7110 to learn more.
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Daily Herald Suburban Business 2024 Best Places to Work Honorees The Daily Herald Suburban Business has announced the names of 51 companies, in 5 categories of competition, that are honored as the 2024 Best Places to Work in Illinois. This statewide survey and awards program was designed to identify, recognize and honor the best places of employment in Illinois, benefiting the state's economy, its workforce and businesses.
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