ThinkTech IT Blog
5 Financial Benefits of Working with ThinkTech IT
Large organizations are not the only ones that need technology to compete in their respective markets. Companies of all sizes prioritize operational efficiency, but not all of them are equally equipped to sustain it. Small and medium-sized businesses (SMBs) may have limited IT resources and quickly fall behind in updates and network management, putting them at risk of an outage or breach.
Determine if ThinkTech IT is a Fit for Your Business
If your business is experiencing growth, you might find yourself at a turning point where you must decide whether to hire a full-time IT professional, expand departments, or turn to a managed services provider (MSP). Outsourcing your IT needs to ThinkTech IT lightens your load, slashes expense, and offers you numerous services that can range from round-the-clock monitoring to security to help desk support. Considering all these productivity-boosting features, you probably still want to know if you would get the value for your money. It all boils down to cost versus profit.
A common barrier to investing in a partnership with an MSP comes down to your internal IT staff who may worry about the security of their in-house tasks. In reality, few companies have the in-house bandwith to manage all the technology functions that ThinkTech IT could handle. For example, keeping up with compliance and regulatory demands could be challenging for SMBs because their focus is on driving down operational costs, strengthening customer relationships, and improving financial management.
One of the biggest challenges for businesses, however, is putting the right people and resources on value-adding projects. With the lack of available investment funds and resources, it becomes difficult to ensure that their talent is focused on core areas while optimizing productivity. The gap between managing their IT environment and business processes becomes bigger without proper and constant support.
The increasing dependence on automated systems and digital databases calls for a shift toward a more secure and efficient system, which we can provide. Other than achieving greater operational efficiencies, here are some financial benefits of our managed IT services:
1. Control IT costs
Outsourcing means your fixed IT costs will be converted to variable costs allowing you to budget effectively and allot resources efficiently. In other words, you’ll only pay for what you use when you need it.
We will also help you offset initial investments on technology costs that include expensive upfront hardware and software costs. And because you'll be paying a fixed monthly fee, you'll eliminate exorbitant capital expenditure. You’ll also get regular software updates, which keeps everything secure and up-to-date.
2. Quickly adapt and implement new technology
ThinkTech IT has the resources to help you start new projects right away. Handling the same projects in-house could take weeks or months, especially if you need to hire and train people and provide the support they need. ThinkTech IT has experts for every aspect of your IT needs, such as hardware, cloud databases, and cybersecurity.
We also bring years of experience, saving time and money. This includes web-based platforms like cloud computing and data backup systems that ensure better functionality and administration of your shareable content, and the maintenance of safe operations.
3. Reduce labor costs
Training IT staff can be costly. Additionally, temporary employees or interns don’t always live up to your expectations. With ThinkTech IT, you can focus your human resources where you need them most.
4. Increase efficiency and competitiveness
Maintaining a strictly in-house IT department can entail higher research, development, and implementation time. Furthermore, it makes it increasingly difficult for employees to focus on their primary tasks.
With ThinkTech IT, both technical and non-technical employees are able to manage their time better and work more efficiently, without being distracted by day-to-day tasks. We have the expertise and have a software and hardware stack that fits your needs. This eliminates the need to perform the research and development of a solution.
5. Improved vendor management
Our team can deal with vendors on your behalf, which means issues are escalated and resolved promptly. They will serve as your main point of contact for third parties, deal with problems, and track process with the appropriate vendor through to resolution. Having a single trusted IT partner streamlines operations and avoids burdening an employee with tasks that could be better dealt with by a subject matter expert.
How to get started
Our professional IT consultants will address your business’s short and long-term technical and operational pain points and will help you stay responsive and competitive. They’ll also proactively explore and identify trends and enhancements for improvement. Considering outsourcing your IT services? Contact us now and our technicians will walk you through your needs.