This can be easily avoided by implementing a patch management schedule. Usually when facing a deadline or right before an important meeting.
Hidden business costs software#
Unplanned or unexpected software updates – When your software patching is not managed, technical issues or Windows updates seem to pop up at the worst possible time.
Some of the biggest perpetrators of downtime include: Especially if technology is not properly managed. Let’s look at some of the other common costs associated with mismanaged technology:ĭowntime is one of the costliest IT related issues and can stem from a wide variety of sources. Lost time isn’t the only hidden IT expense. It might seem that businesses are saving money with a DIY approach to IT, but hidden expenses could be costing more in the long run. And since non-IT staff aren’t tech experts, a task that would take an experienced IT technician minutes, might take an office administrator hours. Instead of dealing with IT issues, employees should be helping a customer, making a sale, or handling other, arguably more important aspects of the business. Once to pay them for the IT work they are doing and again for the loss of productivity in their actual job role. Every minute a non-IT employee is doing IT related work, it costs businesses twice. And if they have a few tech savvy individuals on payroll, or if the owner knows enough to be dangerous, then why not save the money and let those employees handle IT support and management? The short answer is because this approach can hinder business growth.Ī marketing director spending 3 hours troubleshooting a printer or the owner of an accounting firm sitting on hold with their software vendor is incredibly costly to a small business. When growing a business, owners look to improve margins however they can. It is very common for small businesses to have a DIY approach to technology. One of the biggest hidden expenses that people don’t think about is their lost time and the value that it holds. We take the burden of IT management and support off managers, administrators, and owners so that they can focus on serving clients and growing the business. Our goal at Salvus TG is to give small businesses their time back. What small businesses might not know is that there are potential hidden expenses if your IT infrastructure is mismanaged. The predictable and easily quantified costs such as internet service, software licensing, website hosting, and hardware like computers and servers that are necessary for daily operations. Every small business owner knows the common costs associated with their technology and infrastructure.
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