Save 10% to 40% On Your Technology Cost
Bottom Line Consortium provides technology cost management services for a diverse and growing group of industries and clients.
Online, December 15, 2010 (Newswire.com) - Computer software and systems can be quite expensive but have become key components of any successful business model. Well-implemented systems such as ERP, CRM, E-commerce or Business Intelligence can help an enterprise reduce cost and generate revenue. These systems keep track of sales, customer accounts, automatic ordering of parts and many other vital every day functions. Once a business builds a solid reputation and reaches top levels of performance, systems and software programs can be well worth the expense.
But, with any system there is the overhead of managing hardware upgrades, software version releases, licensing compliance with constantly changing licensing models, a constant stream of maintenance and support renewals, and negotiating vendor agreements for best price/performance. Unfortunately, businesses struggle in these areas and are unable to maximize the full potential of their purchase.
Most agreements are negotiated once and then simply renewed each year without taking a fresh look at how the technology is used or licensed. Meanwhile, your environment may now be virtualized or has moved from dual-core to quad-core servers. In addition, some software modules were decommissioned while others have been deployed to more business users. This becomes even more complex as your company acquires or merges with other operations.
The bottom line is that most businesses are overpaying for their systems by 10% to 40%. As business leaders focus on core business activities, managing vendor relationships and reviewing system expenses is not a priority. Another challenge is that company resources don't have the expertise or time to negotiate the best vendor agreements with the optimal licensing and maintenance models. Software licensing models can be so complicated that even the vendors don't fully understand the options. Software vendors have a vested interest in making licensing options complex, so that clear pricing comparisons are very difficult to make. If you are unclear about the options available to you, how can you negotiate for the best pricing?
Business leaders don't think twice about calling a law firm for legal advice, or a tax expert to assist an internal team. But, when you need help maximizing the value of your technology investment, is there an expert you can call?
Bottom Line Consortium provides technology cost management services for a diverse and growing group of industries and clients. Regardless of the industry, Bottom Line Consortium is prepared to provide you with a risk-free analysis, using their proven process and software tools to track spend, monitor usage, identify waste, evaluate licensing options, negotiate agreements, and execute projects resulting in bottom line improvement.
Most businesses need a firm that has the commitment, expertise, and resources to positively impact their bottom line. Bottom Line Consortium is the kind of partner that will work closely with you to gain insight into your business and deliver sustainable solutions to tackle the challenges you face.
For more information about Bottom Line Consortium services and products, please contact [email protected] or visit www.BLCEdge.com.
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Tags: reduce cost, supply chain, Technology expense