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Software investment is 'long-term' for true ROI

Businesses wanting to invest in outsourced IT options such as time billing software may want to look to the light at the end of the tunnel when considering their investment and not the short-term, it is believed.

Chris Tiernan, the managing partner of Grosvenor Consultancy Services LLP, explained to info4security that projects with IT outsourcers should prioritise return on investment (ROI) by maximising functionality.

He continued: "Enterprises are not necessarily seeking the cheapest resources.

"Maximising ROI might require some very skilful, innovative, experienced and so expensive people from the outsourcer to design projects and assist in guiding them as they progress. Improved quality might be critical to maximising ROI from projects."

As a result, businesses may want to look into prioritising their system usage as opposed to the cost, as such investments have a much more long-term goal.

The flexibility of hosted software was praised earlier this month by Robert Proctor of Reality Digital, who said it is getting much more popular due to the widespread adoption of social networking - a great marketing platform, he believes.

Automate Time sheet Tracking & Billing with Atlantic Global's OnDemand SoftwareADNFCR-1567-ID-19355684-ADNFCR

 

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