With the new financial year now underway, businesses are beginning to start thinking about in the upcoming 12 months. You may be reviewing or renewing budgets, tools, and new tech, which can be a bit overwhelming. So, we’re taking a look at one of the most important areas – your technology and IT strategy – to help alleviate some of your stress.
Review of current environment
This is the perfect time to look at what you currently have and where there are gaps. Many businesses have outdated solutions or areas where technology could greatly streamline tasks. Digital business transformation is a hot topic, and for good reason. As technology changes rapidly and extensively, the businesses left behind will suffer financially and competitively. It may sound dramatic but each year falling behind becomes more perilous to your success.
Review of budget
So, you understand how important digital transformation is but are a little worried about the cost. Understandably so – big change can often come with a big price tag; however, the cost of technology changes can ultimately also save you a lot of time and money in the long run. When reviewing your budget, look at where technology is costing you – are there products and solutions that are old and costly, or some you don’t need? How can you move around your money to get the best solution with the best ROI? Are there places money is being spent that you didn’t know about? Are there facets of your operation that aren’t contributing anything useful to your business? The new financial year is the time to really analyse your budget and IT expenses, and make sure you put it where it counts.
Investing in your future
Many organisations are aware of the importance of technology, but few know where to start or how it will impact them in the months, years and decades to come; This is where partnering with a trusted technology provider is crucial. At Computer Merchants, we understand the current atmosphere in the tech space, and specialise in aligning technology solutions to your business direction. Whether you need to refresh your security solutions, modernise the data centre, or need an entire digital transformation overhaul, we can help. By partnering with an organisation that understands you, you are investing in the future and making future EOFYs easier!
Reviewing your budget and processes for the new financial year can be a bit overwhelming. Let us help you with your IT decisions. Call us for a chat about your technology investments.