Conducting a Technology Audit: A How-To Guide for Businesses

As technology continues to evolve, businesses need to regularly evaluate their technology tools to ensure that they are working efficiently and effectively. Conducting a tech audit can help businesses identify areas where they can improve their operations and increase productivity. Here are some steps to follow when auditing your business's technology tools:

1. Identify your company's needs and goals: Before beginning the tech audit, it is important to identify the specific needs and goals of your business. This will help you determine which technology tools are necessary and which ones can be eliminated.
2. Take inventory of your technology tools: Create a list of all the technology tools used by your business. This should include software, hardware, and any other tools that are used to support your operations.
3. Evaluate the effectiveness of each tool: Once you have identified all the technology tools used by your business, evaluate each one to determine its effectiveness in meeting your business's needs and goals. This will help you identify areas where you can make improvements or eliminate tools that are no longer useful.
4. Determine the total cost of ownership: In addition to evaluating the effectiveness of each tool, it is also important to determine the total cost of ownership. This includes the cost of purchasing and maintaining the tool over its lifetime.
5. Identify areas for improvement: Based on the results of your tech audit, identify areas where you can make improvements to your technology tools. This may include upgrading or replacing outdated tools, consolidating tools to reduce costs, or investing in new tools that better meet your business's needs.

StayShure’s Fractional CTO + The Canada Digital Adoption Plan = An Affordable & High Impact Tech Audit

If you find the process described above overwhelming, StayShure offers a Fractional CTO product that includes a tech audit of your company’s tech stack. If you are afraid this is too expensive, the Canadian government is actively helping small to medium-sized businesses boost their technology through the Canada Digital Adoption Plan. You can apply for a grant of up to $15,000 to form a custom plan to streamline your company’s tech stack, which of course, includes a careful tech audit of your company’s current tech stack. By partnering with StayShure, we can help you apply for this grant and improve your company’s technology.

Book a meeting with our CEO that fits your schedule, or take our assessment quiz to learn how much partnering with StayShure could help your company.

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