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5 Top Tips for making your
IT budget go further
15.07.2002 - CCL view
1. Analyse your goals
IT consultants advise that projects should be prioritised
by business need, focusing on those that will deliver
the most return in delivering efficiency, cuttings costs
and increasing profits. Only the projects with the most
compelling business case should survive.
2. Create an inventory
Many business decision makers make IT purchasing decisions
without a full understanding of the company's existing
assets. Creating an inventory allows for better short,
medium and long term planning, and better management of
maintenance contracts.
3. Question the merits of software upgrades
Will it really deliver a benefit to the business? Learning
how to use new features could actually lead to a reduction
in productivity, so consider carefully the benefits of
upgrading non-critical software.
4. Make infrastructure deliver
Tuning the network can deliver as much benefit in terms
of increased performance as an investment in new hardware,
for example, reorganising scattered servers into a central
server unit.
5. Lease don’t buy
Leasing is cheaper than a cash purchase because you avoid
the cost of disposal and you can include upgrades within
your leasing plan. It also means that the cash stays within
your business ensuring that you gain from your IT acquisition
without the pain of losing cash from your business.
If you would like to
learn more about our finance products please call us
on 01256 480500 or book a call from our home page.
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