Increase Accounting costs.
Invoice processing
Payments management
Cost center allocation
Managing contracts costs time and requires expertise
SLAs management
Asset management
Contract tracking on par with technical changes
Legal costs for specialized consultants
Lock-in risks when purchasing a service
Managing the tools specifications and updates costs time and money
Tools and service integrations management
Matching required outcomes with required tech specs
Best alternative research
Deployment and modularization to minimize workflow interruptions
Time consuming
Process redesign to match employed digital tools
Security risks and loose ends
Weakest component bares risk on the whole environment
Matching security rules across all tools used
Security procedures implementation
Keeping up with the trends and new developments is a job in itself.
New tools development speed may create competitive disadvantages
Fast changes in regulations can add or retract services overnight