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OUR SERVICES
IT Financial Management
We design end to end IT Lifecycle management solutions helping our clients cut costs and optimize their business processes.
IT LIFE CYCLE MANAGEMENT
Managing the entire lifecycle of IT assets from acquisition to disposal, including planning for decommissioning outdated assets, and securely disposing of retired assets in compliance with environmental regulations and data security requirements
INVENTORY AND ASSESTMENT
Conducting a thorough inventory of all IT assets slated for disposal, including hardware components (e.g., computers, servers, networking equipment), software licenses, and peripherals. Assess the condition, age, and value of each asset to determine the most appropriate disposal method.
VALUATION METHOD
Employing various valuation methods and techniques to assess the value of IT assets based on their market value, replacement cost, income potential, or intrinsic value
COST OPTIMIZATION & BUDGETING
Analyzing IT asset-related costs, identifying opportunities for cost savings, and optimizing asset usage to maximize return on investment (ROI). This includes budgeting for IT asset acquisition, maintenance, and upgrades while minimizing unnecessary expenditures
VENDOR MANAGEMENT & CONTACT OPTIMIZATION
Evaluating vendor relationships, contracts, and procurement practices to identify opportunities for cost savings, negotiation leverage, and contract optimization. This includes analyzing vendor performance, pricing structures, terms, and renewal options to ensure value for money.
COST ALLOCATION & ATTRIBUTION
Allocating IT costs to the appropriate business units, departments, projects, or cost centers based on usage, consumption, or allocation methodologies. This enables organizations to understand how IT resources are utilized across the enterprise and align IT spending with business priorities.
Our Best Practices
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Plan for cost thresholds - Planning cost threshold beforehand reduces the need for last-minute evaluations and overspending.
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Allocating cost control rules - Ensure that the project budget has continuous oversight.
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Under promise and over deliver on scope - This will put you ahead of the budgeting game and you’ll have some leeway in the project expenses.
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Managing scope creep and change orders - We advocate setting up the correct project financial structures upfront and have a firm decision hierarchy established.
Life cycle costing
We assist with the maintenance of physical asset cost records over entire asset lives. This means decisions around the acquisition, use or disposal of assets can be made in a way that achieves the optimum asset usage at the lowest possible cost to the entity.
