Manage Wasteful Spending

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5 Ways Businesses Waste Money by Not Having Proper IT Guidance 

As a business owner or manager, you know the importance of being productive and efficient with your time. But do you realize how many small tasks can waste money without even knowing it?

The following list is compiled from various sources around why this happens:

1. Purchasing the Wrong Equipment     

        - It can be difficult to find the right equipment for your company. IT Providers consider many factors when choosing what equipment will work best with their clients' services. They will use some general guidelines to save time and money on purchases. These considerations also help them provide better customer service and help with the clients' workflow. 

2. Emergency Spending, No Planning in Advance

         - When your company's IT needs are not in order, it can lead to more problems or a financial catastrophe down the line. A great benefit of working with an MSP is the experience and preparation they offer - less downtime means higher productivity rates which will ultimately save you money.

3. Cost of 3rd Party Licensing and Services

          - When purchasing a-la-carte services, you may be adding more accounts and services than you need. You may gain unsecured monthly rates that are not necessary for what you need to operate smoothly - especially if they don't even offer customizable packages. It makes sense to utilize an established provider who can package customized offerings based on your needs and save you time and money along the way.

4. Operational Inefficiencies

          - No business is immune from inefficiencies, and every business should assess its processes on a regular basis. Working with a Managed Services Provider can help you pinpoint those inefficiencies. Things like your ethernet, data storage, technology, hardware, firewall and user permissions can affect performance and downtime.

5. Paying for Expired Services

         - Businesses often pay for services that they no longer need or use. This usually occurs because the person who oversees billing is unaware of what platforms/services are needed and the person relaying the message forgot to report unneeded software. When you decide to work with an MSP, they are in contact on your behalf with your operational vendors, and you will have a birds-eye view of what you are actually utilizing.

See If You Are Excessively Spending.

As you can see, wasteful spending can come in all sorts of facets within your business. A decent IT Provider will help minimize some wasteful spending. Wouldn't it be great to have one source to go to for all of your IT needs? No more trying to figure out what to budget for or how to stay under budget.

Take a look at what can be expected without having a fixed IT Spend:

What Our Customers Say About Us

We started using Newave for our business IT services a year or so ago and have been very pleased with their services.  Their management is responsive to our needs.  Their staff are friendly, attentive, and seem genuinely happy to take care of our needs.  Quite frankly, they are nice people who are good at their job and I enjoy working with them.  They have brought my company into the 21st century with their security products.  I would highly recommend them to fill your business IT needs.

Mike Carroll

We had Newave Solutions provide us with a quote to replace our existing IT provider. They were extremely thorough in their evaluation and spent hours getting to know our system, our tech needs and learn how we do things. Their presentation was amazing and well within our price point. We increased service, reduced costs and our efficiently has increased with what we have. Great team!


We recently switched to Newave from a different IT service provider, and the switch has definitely paid off. They have been patient, understanding and thorough in the transition process. They are more than willing to reach out to third parties to work directly with them to solve your problems, which saves me time in the long run. I am always confident that their suggestions are in the best interest of our business and not just a "quick fix" or a sales pitch for another product. Our office productivity has greatly increased because of suggestions they have made in that regard. Always willing to help and genuinely want the best for our business.

Adriana Marts

We have used Newave Solutions as our vendor for several years now both for our VOIP phone system installation & management and their IT Services throughout all our locations.

All Staff has been great with helping us stay up to date with the ever growing IT world and our business needs. They schedule regular maintenance on our systems to make sure they are secure.

They host frequent meetings to keep their customers informed and usually serve the best waffles and coffee around on Wednesdays! :)

Mullin Inc