Budgeting is not the sole responsibility of the organization owner or manager. The IT vendor should also be responsible to helping establish a reasonable IT strategy along with a multi-year budget that can be forecasted. Technology budgets should also not be built based upon what was spent on IT the previous year. Too many organizations take the previous year’s expenditures and just copy that forward for budgeting purposes. A comprehensive IT and technology budget is the result of consistent strategy alignment with the organizational goals.
Budgeting is what allows your business to leverage technology as a catalyst for growth and competitive edge. Your IT vendor should be an asset for you in this process and should have a defined process for delivering those results.