As the end of 2016 approaches, many Argentine SMEs begin preparing their budgets for the new year. Technology investments, when planned effectively, can yield immense value and avoid reactive spending.
Technology should serve business strategy. Start by reviewing your 2017 objectives—growth, efficiency, new services—and identify the tools that support those goals.
Review IT spending trends from the past 2–3 years. What did you overspend or underspend on? Use this to fine-tune allocations.
Consider timing. If a major purchase is due mid-2027, plan for that in the second half of the budget cycle. Break down projects into phases when possible.
Allocate 10–15% for unplanned requirements. Tech priorities can shift rapidly—especially in SMEs where flexibility is key.
Technology isn't just IT's domain. Engage finance, sales, operations, and HR to ensure the budget reflects all departmental needs.
Formalize the budget in writing, with clear justifications. Review quarterly and adjust when needed.
A good budget is actionable. Assign internal owners, define timelines, and align with your technology partner to implement efficiently.
Eduardo Wnorowski is a Technologist and Director at Virtus Group.
With over 21 years of experience in IT and consulting, he brings deep expertise in networking, security, infrastructure, and transformation.
Eduardo helps Argentine businesses navigate change with clarity, security, and trust.
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