technology expense management
manage tech expenses.
Technology Expense Management (TEM) is your financial compass in the digital age. It’s a comprehensive practice that empowers businesses to take charge of their technology-related expenditures, covering everything from mobile phones, technology hardware, internet providers, software subscriptions, and cloud services.
How Technology Expense Management can help your business.
Gain Clarity with Enhanced Visibility
We bring transparency to your technology inventory and expenses, offering a user-friendly dashboard where you can track where your budget is going across different technology services and vendors.
Accurate Data Analysis
We dive deep into your data, uncovering hidden cost-saving opportunities that may have escaped your attention.
Leave the negotiations to us
We’ll work with your technology vendors on your behalf to secure favourable terms, competitive pricing, and cost-effective contracts, all designed to maximise the value of your technology investments.
Policy Implementation
Our Technology Expense Management system will help you establish and implement solid policies and procedures, ensuring that your technology procurement aligns perfectly with your business objectives and budget guidelines.
take a look at these savings…..
Nike Inc found $1.75m/year in savings – a 533% ROI in 5 months
Found $2.2m/year on mobile and $97k /year savings for EOG Resources – a 499% ROI in 4 months
Found $650k /year in savings for WG Yates Construction – 1080%ROI in 6months
Delivered $684k /year in work from home internet savings and $450k/year in mobile services savings in first 5 months for Cigna Insurance
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With our comprehensive approach, we’re here with you every step of the way in managing your technology expenses.
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Our Technology Expense Management Process.
1. Define Your Objectives
We start by setting clear goals and establishing a budget that aligns with your objectives, whether it’s reducing costs, optimising resources, or enhancing productivity.
2. Audit time
We kickstart the process by conducting thorough audits of your technology expenses. This involves a deep dive into your financial records, examining every aspect of your IT-related spending.
3. Cost-Saving Identification
Next, we use our expertise to pinpoint areas where you can save money. We identify inefficiencies, redundancies, and overages that may be draining your budget.
4. Strategy Development
Once we’ve identified opportunities for savings, we work with you to develop effective technology expense management strategies. These strategies are tailored to your specific business needs and designed to optimise your technology investments.
5. Vendor Management and Negotiation
We then manage your technology vendors effectively, negotiate contracts, and consider consolidation to reduce expenses. We will review your current software licenses and cloud subscriptions and eliminate unused or redundant ones.
6. Implementation
With a solid strategy in place, we put it into action. Our team handles the implementation of the chosen strategies and technology expense management system, ensuring they are seamlessly integrated into your organisation’s operations.
7. Real Results
Thanks to our technology expense management software and expertise, you’ll start to see the benefits of cost-efficiency. Your technology investments will be optimised, and your organisation will be better positioned to manage its technology expenses effectively.
8. Ongoing Monitoring
We will continue to monitor expenses, adjust strategies as needed, and stay up to date about industry trends to ensure sustainable cost management. All while keeping you informed along the way.
our partnership
We’ve partnered with Netlink Control, a leading US Technology Expense Management provider, to bring you a powerful solution.
At Surge Capacity, we handle all aspects of client support, technical assistance, invoicing, and more. Netlink provides the dependable backbone of our Technology Expense Management software.
We’ve joined forces to save you time and money by boosting your business productivity and operational efficiency. With personalised, Australian-based client support, we’re setting a new standard of Technology Expense Management excellence.
In today’s ever-changing market, optimising your tech assets and expenses is essential. Let our team guide you towards TEM success.