How to set your organisation up for an efficient EOFY

The busiest time of the year for businesses is fast approaching.
That’s right – EOFY is just around the corner.

One of the key reasons EOFY feels like such a chaotic time for organisational leaders is because you’re required to laser focus on two areas at once.

On one hand, you need to focus on the ‘right now’: dotting the ‘i’s and crossing the ‘t’s, getting your bookkeeping ducks in a row, and filling out the space in your annual budget. On the other hand, it’s a time to start mapping how your organisation can work smarter in financial year to come.

We know there’s a lot to think about.
Which is why we’re here to help – with the ‘right now’ considerations and the ‘down the track’ planning.

Here’s how our people can help you simplify the complicated, this financial year…

Looking at right now: Invest in systems the right systems

If you have surplus cash in the IT budget that you’re wanting to spend before June 30, invest in equipment that will help you work smarter in the upcoming year.

We know there’s no one-size-fits-all when it comes to IT planning, which is why our people will happily chat you through which IT solutions will be the best fit for your organisation’s individual needs.

However, as many businesses have found recently, identifying the right solution is only half the battle. The other half is getting your hands on the solution you need.

The recent surge in demand for IT products has made it challenging for many businesses to source the product they need. When you feel like you’re encountering shortages and delays at every step, it’s frustrating. We get it and we’re here to help bridge the gap.

Our relationships with over 150 vendors and 10 distributors mean that we’re well positioned to source the products you’re looking for. And if the IT solution you’re chasing is completely out of stock everywhere? We’ll be able to give you expert advice on the best alternatives.

For at the coming year: Keep an eye on incoming government initiatives

After 9 years of opposition, the Labor government is preparing to take the reins.
At the time of writing, the official government budget announcement is still to come, but their campaign commitments indicate there’s some changes in the pipeline for small business.

Here’s a couple of government pledges to keep in mind as you plan for the year ahead…

Startup grants for small business

Labor has shared its intentions to get its Startup Year project off the ground: an initiative that intends to help more start-ups get off the ground with income-linked loans. Starting humbly with an investment of $1.7 million but with intentions to grow this investment year-on-year.

Mandatory ransomware notifications for businesses

It’s expected that the Labor government will introduce a bill that would make it mandatory for businesses to notify the government of ransomware experiences. This notification scheme would enable the government to better identify cyber attackers to better stamp out cyber crime.

At the time of writing, Labor has yet to announce their comprehensive government budget.

But these examples show that the incoming government is paying mind to the needs of small businesses and their tech. Hopefully it’s a sign of better things to come for small businesses and cyber security. Stay tuned!

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