5 Ways Outsourcing Your IT Will Save Your Company Money

Let’s face it: there are tons of web pages that describe the benefits of outsourcing specific functions of your business to external third-party companies. But, when it comes to IT or Information Technology, does it actually save your company money?

The thing is, you could quite comfortably streamline your IT processes and run a lot of them in-house. However, the downside is there are hidden costs to keeping your IT management within your business. Here are five ways outsourced IT services will save your firm money:

1. Staff Costs

As your business grows, you will undoubtedly hire new people to perform various functions within it. After all: you can’t do everything yourself, and telling yourself that you can is both unrealistic and foolish!

How can managed IT services save you money from an employee perspective? Firstly, the fees you pay for outsourced IT means you don’t have to pay for each employee that works on your business networks.
Secondly, you don’t need to incur extra costs, such as arranging tax payments, insurance policies and complying with various employment laws.

2. Training

As you know, the technology world moves at such a rapid pace that yesterday’s innovations could become tomorrow’s obsolete products. Each year, software and hardware vendors release new tools – many of which you use daily within your business functions.

Whenever there’s something new to the market that your business needs to use, your employees will need training, so they know how to manage any new processes. Training is seldom free or cheap, especially when it comes to IT training.
The beauty of using an outsourced IT partner is they incur such training costs. You don’t have to pay any extra fees.

3. Outdated Technology

When you pay a company to handle your organization’s IT needs, part of the deal will almost certainly involve upgrading your software and hardware when they become outdated. That’s because current technology will ensure your business runs as efficiently as possible.

If you handle all your IT, you would need to cover the cost of any software and hardware upgrades separately. However, outsourced IT services management can include provision for annual upgrades, and you’ll pay a fixed monthly or yearly price for those services.

4. Smaller Premises

Outsourcing your IT also means your organization doesn’t have to lease or buy large premises to house various computer equipment and the employees that manage them. That’s because most of the services provided get conducted remotely.
Smaller premises equate to cheaper leases or purchase prices, and that also means your business will have more money in the bank to invest in other areas and grow.

5. Expert Advice

Lastly, the problem with having a small in-house IT team is they might not necessarily know the best ways of streamlining your technology processes and saving your organization money.

Outsourced IT service management providers work with businesses and organizations of all sizes. Part of their job is to research and provide proof-of-concept of efficiency changes and cost-cutting measures to their clients.
As one of their customers, you can benefit from their expert advice and end up with a more efficient IT setup that saves you money.