Data Management
Save More Than 50K in 2009 By Making The Right IT Investments
The worsening economy sooner or later is going to push a lot of nonprofit organizations in a budget-cutting mode and IT spending will be one of the first items on the agenda. Before you actually get to your IT budget consider these strategies from “The Top Three IT Priorities for Nonprofits in 2009″
- Cut Costs by Outsourcing some of your hardware and software – prime culprits are email, web and database servers that you probably don’t need to maintain in-house. Savings from your email server alone can reach up to 25K even for a modest office of fifteen
- Optimize your business processes — cut paper-forms invoicing and integrate otherwise closed data silos and tools. Savings can reach up to 50K depending on the size of your organization and current infrastructure
- A mix of strategies like reviewing software licenses and vendor contracts, GREENING your office and IT, optimizing desktop and end-user support, etc. can yield also substantial savings. Continue reading here
Yet despite IT looking like a great target for cost-cutting, don’t forget that it is not more than 5-8% of your operational budget. Proper investment in IT can still improve how you utilize the rest of the 92-95% of your budget. However, in order to accomplish that you need to start viewing IT as an investment and not simply a cost. The above cost-cutting strategies combined with your changed view of IT as Investment will help you identify the right cost-cuts and investments so that ultimately your organization is able to serve your constituents better and do more with what definitely seems to be less in 2009!
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