Business Technology Spending Allows for an Effective “Return to Growth”

“Return To Growth – that’s what the article discusses in the June 28th, 2010 Information Week. Does your company prioritize IT spending? It is a highly debated topic in some companies; a budgeted and automatic spend in others.

Some interesting factoids from the article:business technology

  • IT companies have been dealt some serious blows in recent years. They understand and feel most comfortable providing solutions to their clients that make the business more efficient.

And it should be. Why not, easy wins, easier user adoption, proof of understanding? It’s all about reducing the transaction time.

Many in the manufacturing, distribution and services industries used to think that spending more money on technology created an improvement in profits and that was the sole motivation for most spending. Be the biggest, the best, and the fastest.

Recession Lessons Learned

In the last few years’ of lean budgets and cutbacks, many companies have learned that spending on technology without a primary business need was  a waste of money. Too often the promises of the technology don’t meet the expectations of the users or even solve the specific business need at all. Therefore, adoption drops and often there is no measurable ROI as a result.

Waste not, Want Not

The key to the successful adaptation of a business technology is a first step of a thorough business process evaluation. Find the weak spots and work on them, don’t recreate the wheel.

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About e3consulting

Welcome to E3 Consulting. As proven experts implementing the latest CRM, ERP and Accounting Software in the Manufacturing and Distribution industries, we have made it the goal of our business to help our clients obtain the bottom line results their individual companies require. Educate, Enable and Empower For companies in the manufacturing and distribution industries, the ability to simplify their business operations is vital to their ability to succeed. E3 Consulting will provide the consultation; technology and the project management tools that companies need to improve their business processes and their bottom line. What We Do Does your company need a revamp of existing business systems? Do you have a technology project that is going beyond time and over budget? Are your costs out of control and productivity lagging? When you contact E3 Consulting, we take a hard look at the reality of your business operations and break it out into segments, to find out which aspects of your business process workflow need attention and which are working as they should be. It is our intent to look at your operations, your accounting, your workflow and your technology and create a cohesive plan that will have your business running effectively and efficiently. Our Process Every company runs differently, and it is those processes specific to your business combined with your workflow goals that give the staff at E3 Consulting the canvas we need to use our long history of business development, project management and technology to map out the path your company needs to follow to improve your bottom line. Think of your business like a lego block structure. Each block that is missing reduces the stability of your company. We can look at your overall operations and use our knowledge of the marketplace cutting-edge technologies to find the blocks that are missing from your overall business concept. We will introduce the right technology tools to improve your operations, and then continue in a project management position as necessary to ensure ongoing smooth operations. Our Experience E3 Consulting has a long and successful history of project management, business operations consultation and technology implementation and management within Manufacturing, Distribution, Service, Healthcare, Finance and Accounting businesses. Principal, Brad Tornberg, is a successful technical and business expert with an MBA in Finance from Farleigh Dickinson University and. He holds Microsoft Certifications for Customer Relationship Management (CRM) sales, implementation and training. He also has a series 6 and series 66 securities license and a New Jersey Life and Health License. He is well published having written many articles for The Practica
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