Accurately budgeting for capital and operating IT costs has drastically changed over the last few years. The traditional approach of deploying a large capital expenditure every five years has changed, especially with the emergence of SaaS-based application models.

Businesses must consider the following when preparing the IT budget:

• Variable consumption-based charges

• Variable user-based charges

• Fixed costs

• IT security costs

• Monthly vs annual renewals

Fifosys offers clients an analysis of their IT spending, consistently demonstrating the ability to save money by renegotiating vendor charges, consolidating suppliers, moving to long-term fixed commitments or simply cancelling services not needed.

By producing and maintaining accurate budget forecasts, we can support decision-makers proactively and consistently.

Do get in touch with the team at Fifosys if you’d like to learn more, we’re happy to advice.