We’ve been asking, “What’s the best way to economize on technology costs in this economy?” And you’ve been answering…
Ed Kless
Senior Director, Partner Development and Strategy
Sage Software
My short answer to questions like this is always the same – concentrate on the R before considering the I. All too often firms look purely at cost cutting or getting it cheaper without first and foremost thinking about what are the perceived benefits in terms of dollars. If necessary, one should prepare a risk (benefit) analysis with anticipated benefit multiplied by probability of occurrence. This will yield an analysis amount that one can compare to costs.
