In this year's Your Business Magazine, our latest feature reveals what you should be spending your IT budget on in 2022, with 5 key elements to help you reach your business goals. 

Screenshot 2022-05-24 152429

You can read the article below or the original here.

Technology is taking over. It operates our systems and machines, it’s how we communicate, market, sell, manage, and make decisions – nearly every part of modern business is touched by technology, but how much time and money are you spending on it? In most cases the answer is not enough or not in a smart way. It is time to address this and make IT work for your business.

You have options when it comes to staying competitive but utilising technology is often a good place to start. Technology can do the heavy lifting, prevent human error, enable scale and it can make our staff more effective, efficient, and happier. It can make you stand out from the crowd with your customer.

With that in mind, it’s important for any businesses to prioritise IT investments. Paying IT some attention will facilitate collaboration in remote, office, or hybrid environments, reduce risk, enable better decision making through data and improve both your staff and client experiences.

What should you spend your IT budget on in 2022?

IT encompasses a variety of areas and touches all parts of your business. When considering your strategy, it is best to divide IT into the following five elements. Once you've secured the foundations at phase one, you will be in a better position to explore the following stages depending on your business goals. 

  1. Go back to basics with securing the foundations: ensure you have IT support from the experts (tech often gets outdated when left with internal teams), a cloud first model, an all-encompassing software like Office 365, quality laptops for all your staff, and the security basics to safeguard your business. Having this solid core will pave the way for the rest of the framework.
  2. Level up with collaborative tools: Teams, telephony, and a business management tools can all make a big difference. Workers are demanding more flexible, agile, and hybrid solutions to ensure seamless collaboration both internally and with customers. A lot of productive time is lost due to poor business systems, and out of date solutions.
  3. Bring in the best of breed integration tools: with all the software your business uses, having seamless system integration and application optimisation, will enable process improvement and ensure no tasks are repeated.
  4. Get more information with some automated analytics: implement automatic analysis of datasets and live dashboards to get a view of your business. Understanding your business and customer data will allow for you to give valuable insights and enable solid decision making. This does not have to complicated, you just need the right tech partner to help you achieve it.
  5. Maximise growth by introducing automation opportunities: automating manual tasks using robotics, intelligent automation, machine learning and facilitating customer interactions allows for increased productivity, higher margins, ability to scale and errors removed.

Make the most out of your IT budget and work your way up the maturity ladder. This journey will keep you operational, competitive, secure, and the return on investment is always apparent, if it’s done right.

You don’t have to determine your IT budget alone. Get the experts in to help and build a strategy that maximises your ROI. Talk to us today.

OTHER NEWS

Is your data collecting dust?

Approaching the challenges around data is often complex and difficult to tackle head on. In a recent poll, 90% of accountants agreed that their data quality is poor. A lot of accounting firms find they have limitations when it comes to data, and...

READ MORE

Automation is shaking up the accounting profession, here’s how

Automation has for too long been plagued with the consensus that it is complex and complicated, whether that be it is too difficult to install or will take jobs away from staff. 

READ MORE

6 target areas to keep cyber defences strong and the hackers at bay

Now more than ever, businesses both large and small must proactively maintain their cyber security, to prevent data breaches and the high cost that comes with it. In 2021, there were three times as many ransomware attacks in the first quarter alone,...

READ MORE

Fire up 2022 with these latest Office 365 tips

Office 365. The best of breed, modern workplace, cloud solution. This powerful platform is driving productivity and efficiencies to new levels. Can you imagine hybrid working now without these tools?

READ MORE

The wait is over. Your T-Tech 2021 Wrapped is here.

What a rollercoaster year it’s been for the T-Tech team. What started off a bit bleak in our secluded home offices, turned into a bright and prosperous year with lots to be thankful for.

READ MORE

The business benefits of cloud accounting

In the digital era, it is vital that accountancy firms modernise, in order to keep up with increasing consumer demands. Investing in cloud accounting solutions is an effective way to increase your efficiency and streamline your operations.  

READ MORE

An award winning night for T-Tech at the ITE Awards

In the 12th year of the prestigious European IT & Software Excellence Awards, T-Tech were crowned with the Innovating Managed Service Solution of the Year award. 

READ MORE

Strong IT Systems + Tech Savvy Accountants = Safe, Secure and Satisfied Clients

READ MORE

Level up with Windows 11

The wait is over. Windows 11 has launched today – 5th October – and if you’re on a Windows 10 PC, you are eligible for a free upgrade right now.

READ MORE

Common IT Challenges in the Accountancy Sector

From performing basic accounting functions, to automating repetitive tasks, technology is vital to improving efficiency and productivity within the accountancy sector.

READ MORE

Perfect an Accountancy IT Strategy with Document Management

The most complimentary things we hear accountants say about their practice’s Document Management system are: “It's all right” & “It does the job.” Read on to learn why and how this must change.

READ MORE

Zoom vs Teams: Tale as old as time, but is there really a winner?

Since the start of the great shift to working from home, we have all become very familiar with two essential collaboration & communication platforms: Zoom and Teams. Naturally, this has led to an obsession of pitting the two against each other in a...

READ MORE

T-Tech ranked for fourth year on Channel Futures prestigious MSP 501 list

For the fourth year running, T-Tech is delighted to be named as one of the world’s premier managed service providers in the prestigious 2021 Channel Futures MSP 501 rankings.  

READ MORE

7 common cyber security mistakes that are easily fixable

Cybercriminals and hackers are always trolling businesses. They exploit common mistakes and flaws to systems, then steal or hold the business ransom. These scenarios are increasing and at an alarming rate, so don’t let your business be an easy...

READ MORE

Your Business Magazine: 5 top tips to solve your IT headaches

In an exclusive feature for 2021's Your Business Magazine, we spill our secrets on the long-term monetary savings and gains in efficiency, when IT is handled by the right people. 

READ MORE

Getting good foundations in with T-Tech

In an exclusive interview with Chris Cairns, partner at Alliotts LLP, Chris reveals what it's like to work with T-Tech as their MSP, how they collaborate across the business, their reaction to Covid-19, and what the future of technology looks like...

READ MORE