This is the fourth in a series of blog posts about how Microsoft Payment Solutions is designed to help companies achieve their strategic objectives through thoughtful cash flow management.
Too many companies start thinking about how they are going to pay for new technology too late in the decision-making process. This means that they often find themselves in the situation where they want to spend more than what is available in the current year’s IT budget.
Often all of the technology they want to acquire is critical for allowing the company to grow revenue, impact employee productivity and/or cut costs. But they can’t afford it using cash on hand.
With Microsoft Payment Solutions, our customers have a powerful tool that changes the way to think about technology purchasing. It allows them to spread out an upfront technology investment over multiple budget cycles.
Let’s look at an example: say you are the CIO of a large firm and you are working with Microsoft on a deal valued at $7 million to upgrade Exchange Server and adopt SharePoint for collaboration. You have $7 million left in your IT budget this fiscal year to cover this purchase.
However, last week, the COO approached you to request that you also upgrade the communications infrastructure by adding Lync to the deal for an additional $2 million. The COO wants to realize these cost savings resulting from this change this year as part of an overall cost cutting program.
By working with a Microsoft Payment Solutions Specialist, you can create a payment plan customized to defer and spread this $9 million investment out over multiple years with equal monthly, quarterly or annual payments to bridge the budget shortfall in this fiscal year.
Monthly or quarterly payments are only one of the payment options available to help your organization get the technology you need using the budget you have. This is how it works:
Monthly/Quarterly payment option – You have the option to spread out your technology expense with equal, predictable payments over one to three years thereby avoiding a substantial up-front investment.
View the previous posts in this blog series here: