Financial Management

Common Issues:

• No knowing the support status of hardware (and software) and whether you are getting value for money from your support contract

• No knowing the component costs of delivering a service and where you can potentially make savings

• Not knowing the best time to purchase (e.g. refresh) hardware (or software is to maximise your investment and minimise impact

• Not knowing how much you stand to save by refreshing older hardware

Common Effects:

• Having out of support hardware and software

• Paying too much for support

• Not getting value for money

• Not having enough money left for other activities like innovation

How we can help:

• Budgeting estimates and reviews for IT hardware and software, ensuring:

  • Correct level of support is being applied

  • Value for money is obtained from support contracts and licensing

  • Hardware (and software) purchases (and refreshes) are optimised

  • Purchasing is done at the right time to maximise investments

  • Cost are reduced freeing up money for innovation

• Calculating component costs to understand the cost of delivering services and where savings can be made

• Independent assessments of vendor proposals

• Assistance with:

  • Vendor negotiations

  • Strategic planning exercises

  • Determining when is the best time to implement new technology to maximise the investment (e.g. migrating to cloud or moving to flash)

• Automating reporting and analysis of infrastructure costs to ensure:

  • Staff are freed up to concentrate on higher level tasks rather than lower level tasks like asset management

  • Costs and savings are being accurately tracked

  • Budgeting is proactive and can take advantage of discount opportunities at the right times to maximise value for money