Budgeting for outsourced IT is crucial for businesses to effectively manage their technology needs, mitigate risk, and accommodate growth while maintaining financial stability. Here are some key considerations and reasons why factoring outsourced IT into your budget is important and how to go about doing it.

Why Budgeting for IT is Important

Risk Mitigation

Outsourcing IT services can help mitigate risks by leveraging the expertise of professionals who specialize in areas such as cybersecurity and data protection. This can save your business from potential financial losses and reputational damage due to security breaches or technology failures.

Ontech’s network security assessment scans your network to identify any potential vulnerable areas. We then provide you with 6 comprehensive reports that deliver all the information you need to know, at your fingertips.

Between message viruses sneaking in through an unprotected inbox, to worms, malware, and more, you might be surprised what vulnerabilities are lurking within your network.

Maintaining Your Business

Ontech’s IT security provides you with significant cost savings in comparison to maintaining an in-house IT department. By outsourcing your cybersecurity needs, you can free up valuable time and resources – allowing you to focus solely on your core business activities. This can lead to increased productivity, growth, and competitiveness.

Figuring Out Your Budget

Identify IT Requirements

Begin by assessing your IT requirements and understanding the specific services or expertise you need from an outsourced IT provider. This could include network management, software development, cybersecurity, hardware maintenance, help desk support, or any other IT-related services.

Unsure about the requirements for maintaining the utmost level of security for your business? Ontech can assist you in assessing your overall risk and identify the exact network solutions needed for your specific needs.

Define Scope and Goals

Clearly define the scope of work and goals your outsourced IT services should meet. Whether it’s training your staff to recognize phishing scams or modernizing your file system – we’ve got you covered. Additionally, aligning requirements, such as 24/7 monitoring or emergency response times, will help determine the appropriate budget.

With Ontech’s free network discovery, your organization’s current security position will be evaluated to identify potential vulnerabilities in your network. Did we mention it’s FREE?!

Allocate a Dedicated Budget

Create a separate budget allocation for outsourced IT services. This ensures that you have funds set aside specifically for technology-related expenses and avoids the risk of funds being diverted to other areas of the business.

When you work with Ontech as your outsourced IT provider, you know every cost upfront. This allows you to budget more accurately and avoid unexpected expenses. We provide project-based solutions in times of need but highly recommend a long-term partnership to keep your business as secure and updated as possible. Another plus? Our approach is also designed to scale with your business as you grow!

Choose Your Service Provider

Since our company was founded back in 2004, we have achieved a 98% client retention rate – one of the highest in our industry. In addition to managed IT services, we can also provide training and education to your staff to minimize risks that may involve a human element such as email phishing scams, virus protection, safe internet browsing, and more. Learn more about Ontech and what our satisfied clients are saying!

Next Steps

Overall, budgeting for outsourced IT services is essential to ensure that your business can access the necessary expertise, support, and technologies while effectively managing costs. It enables you to align your IT strategy with your financial goals, minimize risks, and optimize resource allocation, ultimately contributing to the success and growth of your business.

Schedule your free network discovery with Ontech Systems, Inc. and take the next steps in securing your business with outsourced IT management. We make budgeting EASY.