2 surefire ways to get more value from IT
Let’s face it, IT can be costly. But if you’re not assuming a key role with your company’s IT plans, it could get worse.
It’s imperative that you have a hand in ensuring that IT is adding value to your company. Tech-finance blogger Alan Radding gave several ways to make sure IT is helping, not hurting, but here are two key suggestions:
Don’t get complacent
Technology changes very quickly, and IT can have the attitude of “If it ain’t broken, don’t fix it,” when it comes to upgrades to software and hardware. If you let inertia rule and ignore upgrades, don’t expect it to be smooth sailing down the road. Eventually support will end for older versions of software and outdated hardware. If IT’s forced to upgrade at that point, expect a loss of productivity. Bottom line: Keep up with technology.
Know the staff
The biggest chunk of IT spending comes from the staffers. Do you know your IT staff well? It’s time to start. Find out if they’re passionate about IT, the company and about opportunities to meet big-picture goals by way of technology. If they’re just going through the motions to keep the system intact, it may be time to look for new talent.
What success have you had lately that involved IT? Share your story in the comments below.
Free Training & Resources
Webinars
Provided by SkyStem
White Papers
Provided by Personify Health
Further Reading
Finance teams have always known expense fraud is a problem. What’s changed is the scale, the motivation, and the profile of who’...
The emergence of A/P automation software in recent years has been the catalyst of significant transformation of the accounts payable functi...
Digitizing A/P is still very much on the minds of your peers, who are prioritizing control of cash flow over business growth as organizatio...
Not all companies handle payroll records the same way. Firms may keep data in multiple systems — payroll, HR, timekeeping and the gen...
Exporting ERP data into Excel and manually building financial reporting processes and reports is costing your team more than just time. Man...
The Advanced Filter in Excel transforms routine data tasks into powerful analysis — perfect for finance, accounting, or anyone managi...