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IT Spending and 2023 Budgets Under Close Scrutiny

creigrut
Spiff
Spiff

I came across a good article from CFO.com. It gets into budgets on SaaS spends as we look into 2023. 

 

"IT buying is now shifting back as CFOs and chief information officers (CIOs) take a harder look at the return on investment (ROI), say experts and tech vendors. Faced with a potential recession next year and the prospect of missing margin and profit goals, managements are becoming more deliberate in their decision-making."

 

Being that Spiff integrates with so many CRM and ERP systems, this will fall in line with companies trying to consolidate vendors/work with their current partners. "Businesses will typically look to go back to all-in-one solutions like an ERP or customer relationship management system that would deliver 90% of existing functionality, Wagner said."

 

Check out the full article here. - IT Spending and Budgets Under Close Scrutiny (cfo.com)

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