IT Budgeting

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. Business 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.