The more you spend with us, the less you spend in general.
It makes sense to plan a regular technology refresh, but it’s important that you get the best value from your budget.
Let’s say you’ve evaluated your technology options and you’ve made your choice. You may think that’s the most important decision and the hard part is over, right? Wrong. Deciding what to buy is only half the battle. It’s now time to decide how to buy the solution.
Organizations often ask themselves the obvious question: what do I buy? But so often, they overlook an equally important question: how should I buy?
Technology Equipment as a Service
Plow Networks offers an exclusive monthly payment option that allows you to procure your technology equipment-as-a-service. Bundle in your solution and support services into a convenient monthly payment. Technology equipment-as-a-service keeps you at the forefront of technology. You never have to worry about obsolete technology holding you back.
As-a-service is becoming the preferred way to pay for technology versus capital expense payment options such as leasing, bank loans, and cash purchases.
- Solution Replacement Guarantee
- Act of God Coverage
- Convenient monthly payment
- As-a-Service Benefit
There’s a common misconception among customers that cash is king and is the way to go when purchasing technology equipment. However, before you jump to the cash conclusion, you might want to consider a few things:
- Technology depreciates at a breakneck pace, even faster than a new car.
- Borrowing from the bank dries out your credit line that you may need down the road.
- Due to the Time Value of Money, money in hand today is worth more than in the future.
The leasing option is ideal for customers who know from the get go that they intend to own the leased solution at the end of term.
Purchasing on a lease allows you to pay as your go, on a monthly or quarterly basis. This can free up budget dollars for more bottom line revenue producing projects. With a lease, your risk of getting caught with obsolete technology is lower because you can build upgrades and add-ons into the lease.
Traditional Capital Expenditure
Truth be told, cash is always an option. This means paying cash or getting a loan and making payments to your lender. When you acquire equipment through capital spending, you own it, plain and simple. Through your up-front investment, you have total control over its use, location, and disposition. Traditionally, there are two significant benefits of CapEx:
- Your company will own the product outright, so you can alter and tweak it as you need.
- Once owned, you don’t continue paying for it.