Having a strong IT foundation is crucial for the success of any accountancy practice. From managing client data securely to ensuring systems run smoothly, technology is at the heart of operations. But building and maintaining an in-house IT team is not only time-consuming – it’s expensive.
Let’s break down the costs of hiring the professionals needed to cover all the IT services that T-Tech, as a specialist Managed Service Provider (MSP), offers to firms.
The True Cost of In-House IT
To fully manage your IT needs, here’s a look at the roles you’d need to hire for:
- IT Director/Manager/Head of IT
Develops IT strategy, manages infrastructure, and ensures smooth operation:
£60,000 - £120,000 per year (depending on experience and seniority) - Network Administrator
Keeps your network secure and operational:
£35,000 - £50,000 per year - Systems Administrator
Manages servers, backups, and storage:
£35,000 - £50,000 per year - Helpdesk Support
Provides day-to-day support for any IT issues:
£25,000 - £35,000 per person, per year - Security Specialist
Ensures your systems are safe from cyber threats:
£50,000 - £80,000 per year - Cloud Architect
Designs and manages your cloud solutions:
£70,000 - £100,000 per year - Backup & Disaster Recovery Specialist
Prepares your business for the unexpected:
£40,000 - £60,000 per year - Compliance Officer
Ensures your IT practices meet regulations:
£45,000 - £65,000 per year - IT Procurement/Administration
Manages the purchase of IT equipment and software:
£30,000 - £45,000 per year - Project Manager
Oversees IT projects like system upgrades and migrations:
£50,000 - £70,000 per year
Total Cost: £440,000 - £690,000+ per Year
That’s right – to cover all your IT needs in-house, your accountancy firm could be spending over £600,000 a year. And this doesn’t even include additional costs such as recruitment, benefits, pensions, and ongoing training. It also doesn't account for the lack of career progression for these people which leads to high churn or stagnated practices.
The MSP Alternative: Get Expert Support Without Breaking the Bank
At T-Tech, we provide all of these IT services – and more – for a fraction of the cost. As a Managed Service Provider specialising in accountancy practices, we offer tailored solutions that help firms like yours reduce costs, improve efficiency, and stay secure.
Instead of worrying about hiring and managing a large in-house team, you can rely on us to handle everything from day-to-day support to strategic IT planning.
Why T-Tech?
We understand the unique challenges accountancy firms face and have deep knowledge and expertise in supporting accountancy-specific software, for example, our support desk ticketing tool has over 80 application categories and a whopping 500+ sub-issue types related to accountancy apps.
Every accountancy firm operates differently, with unique workflows, software preferences, and client demands that require personalised IT solutions. At T-Tech, we understand that a one-size-fits-all approach doesn't work in the world of accountancy. With our decade-long industry knowledge and expertise, we’re equipped to tailor IT solutions that not only seamlessly integrate with your existing systems but also enhance your day-to-day operations. From automating routine tasks to improving data management and security, we ensure that your technology works for you, driving efficiency and productivity across your practice.
Not ready to outsource entirely?
T-Tech can make a fantastic extension to an internal team, they can complement this team by working as "one team" and provide a pool of expertise to draw upon when needed, offering peace of mind and security if anything goes wrong.
Are you Ready to Save?
If your accountancy practice is looking to optimise its IT services without the hefty price tag, get in touch with T-Tech today. Let’s work together to take your firm’s technology to the next level.