IT Cost Control

Navigating the Intersection of Technology and Finance: The Rise of Technology Expense Management (TEM)

Navigating the Intersection of Technology and Finance: The Rise of Technology Expense Management (TEM)

Technology, no longer a mere accessory to our lives, is now at the core of our daily existence. The fusion of our personal and professional lives through technology is an observable reality, growing more pronounced each day. This intertwining has led businesses to harness technology as a tool for higher efficiency, particularly in expense management. In this post, we'll delve into the crucial role Technology Expense Management (TEM) plays in modern businesses and how IT departments can leverage its potential.

5 Money Traps for IT Departments

5 Money Traps for IT Departments

It seems inevitable that someone who is not an expert in IT will have at least some responsibility of overseeing IT costs and spending. That’s just how things go. What is vital when this occurs is to ensure that anyone in charge of finances has an opportunity to understand some of the unique ways IT costs impact ROI. With that in mind, these are the five of the most common IT-related money traps that hurt businesses in every industry.

How Much Are Your Competitors Spending on IT?

How Much Are Your Competitors Spending on IT?

Making an IT budget seems to grow more complicated every year. Technology gets more complicated, prices change, needs change and consumers expect more for less. It’s possible to keep up with everything, but only through dedication and hard work.The first step on that journey is acquiring knowledge, so we have a detailed breakdown of IT spending trends for 2018. Learn what everyone is doing, and it can inform your decisions to help you make the most of the next year.