It's time to think about budgeting for technology - and you need to start somewhere. I checked in with our Director of Technical Services, Linda Widdop, to get her insight to identify the top things to think about when budgeting for technology. Linda's advice is backed up by over a decade of working with nonprofits and technology and she recommends you include in your technology budget:
For any organization budgeting for technology should be for more than just hardware replacements. A technology budget can help pave the way for the adoption of new practices and innovative strategies to meet your mission.
We spoke to a few nonprofit leaders to understand how they work technology into their budgets and why they do it. From these conversations we’ve outlined a few key points to think about while budgeting for technology for your nonprofit organization.
We hope you have included Technology in your budget, if you haven’t there is still time. While budgeting for technology it is important to understand the difference between Capital (CAPEX) and Operational (OPEX) expenses. Here’s why: