Centrend

Managed Services

How “Cheaper” IT Providers Sneak In Expensive Hidden Costs

Is your company looking to hire an IT firm? Unfortunately, unless you’re tech-savvy or experienced with IT contracts, there can be hidden costs that you wouldn’t expect or know to look for. While it can sound appealing to go for the cheapest firm, that decision can end up costing you more in the long run due to carve-outs and hidden fees in the contract. Cheaper IT firms will omit certain services from the original agreement and later nickel-and-dime you to add them on or by quoting you inadequate solutions that you’ll later need to pay to upgrade. To help you weed out these companies that are not the bargains they advertise themselves to be, there are a few key elements to consider determining if your quote is insufficient, overpriced or underquoted. Insufficient Compliance And Cybersecurity Protections: A ransomware attack is a significant and devastating event for any business; therefore, it’s imperative that the IT company you’re working with isn’t just putting basic (cheap) antivirus software on your network and calling it a day. This is by far the one critical area most “cheaper” MSPs leave out. Antivirus is good to have but woefully insufficient to protect you from serious threats. In fact, insurance companies are now requiring advanced cyber protections such as employee cyber awareness training, 2FA (2-factor authentication), and what’s called “advanced endpoint protection” just to get insurance coverage for cyber liability and crime insurance. We provide those standards in our offering, so not only do you greatly reduce your chances of a cyber-attack, but you also avoid being denied an important insurance claim (or denied coverage, period). Inadequate Recovery Solutions: One thing you also want to make sure you look for in your IT firm proposal is that they do daily backups of your servers and workstations, as well as any cloud applications your company uses (Microsoft 365, Google Workspace, etc.), because online applications do NOT guarantee to back up your data. You also need to make sure your backups are immutable or unable to be corrupted by hackers. Again, most insurance companies now require immutable backups to be in place before they’ll insure against ransomware or similar cyber events. Transparency About On-Site And After-Hours Fees: This might take you by surprise, but most IT firms will charge EXTRA for any on-site or after-hours visits. We include ALL of this in our agreements, but ‘cheaper’ MSPs will intentionally leave this out and add it on later to make the sticker price appear lower. Make sure you understand what is and isn’t included in your service agreement before signing. Nonexistent Vendor Liaison And Support: Will they help you with all of your tech, or just select pieces that they’ve installed? Some IT firms will charge you hourly to resolve tech support issues with your phone system, ISP, security cameras, printers and other devices they didn’t sell you but that still reside on the network (and give you technical problems). These fees can stack up over time. As a client of ours, you get all of that INCLUDED, without extra charges. Cheap, Inexperienced Techs And No Dedicated Account Managers: One way some companies cut costs is by skimping on customer support and expertise. Many of the smaller MSPs will hire technicians under a 1099 agreement or find cheaper, less experienced engineers to work on your network and systems. The more experienced and knowledgeable a tech is on networking and, more specifically, cybersecurity, the more expensive they are. Further, many smaller MSPs can’t afford dedicated account managers, which means you’re depending on the owner of the company (who’s EXTREMELY busy) to pay attention to your account and to look for problems brewing, critical updates that need to happen, upgrades and budgeting you need. Good account management includes creating and managing an IT budget, a custom road map for your business and reviewing regulatory compliance and security on a routine basis to make sure nothing is overlooked. You get what you pay for, and this is NOT an area you want overlooked. BEFORE you sign on the dotted line, it’s important to make sure that you fully understand what IS and ISN’T included in the service you are signing up for. It’s VERY easy for one IT services provider to appear far less expensive than another UNTIL you look closely at what you are getting. If you’d like to see what dependable, quality IT support looks like, book a call with our team, and we’ll be happy to give you a quote that covers everything you need. To Schedule Your FREE Assessment, please visit https://centrend.com/contact/ or call our office at 774-241-8600.

How “Cheaper” IT Providers Sneak In Expensive Hidden Costs Read More »

Your 15-Step IT Profitability Road Map For 2024

If you’re hoping to cut costs and boost profitability in 2024 without compromising productivity or efficiency, assessing the technology you use in day-to-day operations is one of the first areas in your business to examine. We’ve created a road map that you can use to go step-by-step through your organization to determine if and where you can be saving money or utilizing new or better technology to improve operational efficiency.            NOTE: This cyber security measures list barely scratches the surface. If you haven’t had a professional dig into your security solutions, this needs to be a priority. Data breaches are expensive and can shut a business down. Click here to book a call with our team. By systematically addressing these areas, business owners can enhance their IT infrastructure, drive productivity and achieve cost savings that contribute to overall profitability. Regularly revisiting and updating this checklist will help businesses stay agile in the ever-changing landscape of technology and business operations. If you need help implementing the action steps on this list, our team is ready to help. Click here to book a FREE 10-Minute Discovery Call with our team, where we’ll discuss what your company needs and answer questions you might have.

Your 15-Step IT Profitability Road Map For 2024 Read More »

7 Ways To Maximize Workplace Productivity With Tech

In the fast-paced world of business, efficiency and productivity are paramount. Advancements in technology have revolutionized the way we work, providing a plethora of tools and resources to help us accomplish more in less time. Maximizing workplace productivity with technology has become an essential strategy for organizations looking to stay competitive and innovative in today’s global market. Here are 7 ways to add tech to your day-to-day activities to stay productive. 1. Automation And Streamlining Processes: One of the most significant ways technology maximizes workplace productivity is through automation and process streamlining. With the help of tools like workflow automation software and robotic process automation, businesses can automate repetitive tasks, freeing up employees to focus on more creative and strategic tasks. By automating routine processes, organizations reduce the likelihood of errors and increase the speed at which tasks are completed. This not only boosts efficiency but also enhances job satisfaction by allowing employees to concentrate on tasks that require critical thinking and problem-solving skills. 2. Collaboration And Communication: Effective communication and collaboration are vital to a productive workplace. Technology has provided a range of solutions, such as video conferencing, project management software and instant messaging platforms, that enable teams to work together seamlessly regardless of their geographic locations. These tools facilitate real-time communication, file sharing and project tracking, ensuring that all team members stay on the same page and are able to work efficiently together. This results in faster decision-making, improved project management and, ultimately, higher productivity. Need help with choosing the right collaboration and communication tools for your business? We can help! Click here to book a 10-minute discovery call to get started. 3. Data Analytics And Business Intelligence: In the modern workplace, data is king. The ability to collect, analyze and leverage data is a powerful tool for improving productivity. With the help of advanced analytics and business intelligence tools, organizations can gain insights into their operations, customer behavior and market trends. This data-driven approach allows for informed decision-making, optimized resource allocation and the identification of areas where improvements are needed. By harnessing data and analytics, businesses can work smarter, not harder. 4. Remote Work And Flexibility: Technology has also played a pivotal role in reshaping the traditional office environment. The rise of remote work and flexible work arrangements has been made possible by advancements in communication and collaboration tools. Employees can now work from anywhere, provided they have an Internet connection, which not only enhances their work-life balance but also opens up opportunities for businesses to tap into a global talent pool. Remote work can boost productivity by reducing commuting time and allowing employees to work in environments where they are most comfortable and productive. IMPORTANT: Security should be a high priority if you have remote workers. If you don’t have a robust security system for virtual team members, you need to get one right away. 5. Project Management And Task Tracking: Effective project management is key to productivity. With project management software, businesses can plan, execute and monitor projects more efficiently. These tools provide a clear overview of tasks, deadlines and team member responsibilities, ensuring that everyone stays organized and accountable. From agile methodologies to Gantt charts, technology offers a range of project management approaches to suit various business needs. 6. Employee Training And Development: Investing in technology for employee training and development is another avenue to maximize workplace productivity. Learning management systems and online training platforms enable organizations to offer continuous learning opportunities to their employees. By upskilling and reskilling their workforce, companies can ensure that their staff remains adaptable and capable of using the latest tools and technologies, which in turn enhances overall productivity. 7. Security And Data Protection: As technology becomes more integrated into the workplace, the need for robust security and data protection measures is crucial. Cyber security solutions help protect sensitive information, prevent data breaches and ensure business continuity. When employees feel secure in their digital environment, they can work more confidently and productively, knowing that their data and the company’s assets are protected. Technology is an indispensable resource for maximizing workplace productivity. From automating tasks and improving communication to harnessing data and fostering employee development, technology offers a wide range of solutions to enhance efficiency and effectiveness in the modern workplace. Embracing these technologies and staying up-to-date with the latest trends is essential for businesses looking to thrive in today’s competitive and ever-evolving business landscape. By leveraging technology effectively, organizations can achieve their productivity goals, improve their bottom line and create a dynamic, innovative work environment. If you need help creating a strategic plan for your technology, such as determining what software to invest in, sourcing devices, creating a plan for efficiency or securing your network, our IT team can support you. Click here to book a 10-Minute Discovery Call to get started.

7 Ways To Maximize Workplace Productivity With Tech Read More »

Warning: The Hole In Your Cyber-Insurance Policy That Could Result In Your Claim Being Denied Coverage

You’ve all heard the stats – small businesses are the #1 target for cybercriminals because they’re easy targets, with a recent article in Security Magazine reporting that nearly two-thirds (63%) of small businesses have experienced a cyber-attack and 58% an actual breach. But what many still don’t understand (or simply don’t appreciate) is how much a cyber-attack can cost you. That’s why one of the fastest-growing categories in insurance is cyber liability. Cyber liability covers the massive costs associated with a breach, which may include the following, depending on your policy: If you want to make sure you don’t lose everything you worked so hard for to a cyber scumbag, cyber liability is a very important part of protecting your assets. But here’s what you need to know: In order to get coverage, businesses are required by insurance companies to implement much more robust and comprehensive cyberprotections. Obviously, the insurers want the companies they are underwriting to reduce the chances and the overall financial impact of a devastating cyber-attack so they don’t have to pay out – and this is where you need to pay attention. MANY business owners are signing (verifying) that they DO have such policies and protections in place, such as 2FA, a strength of password requirement, employee awareness training and data recovery and backups, but aren’t actually implementing them, because they assume their IT company or person knows this and is doing what is outlined in the policy. Not so in many cases. Unless cyber security is your area of expertise, it’s very easy for you to misrepresent and make false statements in the application for insurance, which can lead to your being denied coverage in the event of an attack and having your policy rescinded. If you have cyber liability or similar insurance policies in place, I urge you to revisit the application you completed with your IT person or company to make absolutely certain they are doing everything you represented and affirmed you are doing. Your insurance agent or broker should be willing to assist you with this process since your IT company or person cannot be expected to be insurance professionals who know how to interpret the legal requirements outlined. What’s critical here is that you work with your IT company or person to ensure 100% compliance with the security standards, protocols and protections you agreed to and verified having in place when you applied for coverage. IF A BREACH HAPPENS, your insurance provider will NOT just cut you a check. They will conduct an investigation to determine what happened and what caused the breach. They will want to see tangible evidence and documentation that proves the preventative measures you had in place to ward off cyberthreats. If it’s discovered that you failed to put in place the adequate preventative measures that you affirmed you had in place and would continue to maintain on your insurance application, your insurance company has every reason to deny your claim and coverage. If you have ANY concerns over this – including whether or not you need coverage, whether your coverage is sufficient and whether you are doing what you need to do to avoid an insurance denial, click here to schedule a quick consultation to discuss your current situation and to receive a referral to a cyber insurance expert we recommend. Further, if you would like us to conduct a FREE cyber security risk assessment to show just how secure and prepared you are for ransomware or a cyber-attack, we can discuss that too! Just click here to schedule a phone consultation.

Warning: The Hole In Your Cyber-Insurance Policy That Could Result In Your Claim Being Denied Coverage Read More »

Scroll to Top