Technology-As-A-Service
What is TaaS?
ASD's Technology-as-a-Service (TaaS) program is a subscription-based model for the design, installation, and support of your systems. Bundle all your technology -access control, audio visual, infrastructure, surveillance, and wireless networks- into one monthly payment. This model turns a resource-depleting, large Capital Expenditure purchase into a more manageable Operating Expanse. Contracts typically last 36-60 months, and you can upgrade your systems at the end of the term. This model keeps your technology up-to-date and, most importantly, working.
The focus shouldn't be about ownership. It should be about outcomes. Get a system that just works.
Preserve Capital
Tier 1 Support
Future Proof
Preventative Maintenance
Technology-as-a-Service Benefits
The traditional CapEx purchase approach doesn't work for many modern businesses. You're spending a lot of resources on quickly depreciating technology that can become obsolete even quicker. But the technology is still necessary; it enables your team to work efficiently and enhances the client experience.
The TaaS model was designed to equip you with the tech stack you need, refreshes to keep you current, and ongoing support required to keep those systems running. Ultimately, it's designed to scale with you and give you peace of mind.
Lock the cost of your support agreement at today's labor rates for the rest of your term. This includes Tier 1 Support, preventative maintenance, and break-fixes. Your business needs your technology systems to work, ASD's support team ensures they do.
Since you're not tying up existing credit lines or depleting your cash reserves, you'll have the capital available for revenue generating initiatives and critical areas like personnel, inventory, or advertising.
ASD® can customize a plan that will fit your budget needs. Often payments are lower than conventional financing. Additionally, since they are processed like a subscription, you can classify them as an OpEx expense, which can be easier to plan for and manage.
Having the technology your team needs is essential to remaining competitive, but the initial investment can seem daunting or even completely unfeasible. Don’t postpone or delay implementing the best technology for your business. Get the systems you need now, and pay for it with tomorrow's dollars.
The right solution today may no longer serve you in a couple of years or even a months. TaaS has flexible upgrade options that make it easy to refresh and make move-add-changes.
Having a fixed monthly payment allows you to forecast more accurately. You no longer have to plan and prepare all year for a significant capital technology expense. And getting approval for a reasonable monthly payment is often easier than getting a big lump sum for systems that are hard to prove ROI on.
Refresh your system. Return your hardware. Buy out the technology. All of these options are available to you at the end of your terms, and you can wait until then to decide what to do.
Make the Best Use of Your Funds
Bundling your technology systems into one monthly payment frees up your cash for other areas of your business. All money is not created equal. Below you will find a comparison of standard workplace technology financing options. Want to learn more? Get a free quote today.
Technology-as-a-Service | Bank Loan | Cash Purchase | |
|---|---|---|---|
SUPPORT | Established SLA ensures you have the help you need, when you need it | Not included, must be negotiated separately | Not included, must be negotiated separately |
CASH FLOW | No money down means equipment can be profitable from day one | Down payment is required and costs of installation, maintenance, and freight aren't included | Depletes your cash reserves and leaves you vulnerable to unforeseen expenditures |
CREDIT | Preserve credit lines and conserve capital while improving your credit score | Ties up credit lines | Credit can be negatively impacted by diminishing working capital |
RATE RISK | Establish a set rate at the beginning of the term of the agreement | Most likely a variable interest rate tied to prime or an economic indicator | Use today's cash for income generating activities |
SOFT COSTS | Covers most soft costs and preserves cash | Rarely covered | Additional upfront costs that deplete cash reserves even more |
UPGRADES | Easy to add-on or trade-in while keeping the same fixed terms and payment amount | Must handle disposal of equipment which slows upgrade process and results in additional costs | Must handle disposal of equipment which slows upgrade process and results in additional costs |
Technology-as-a-Service
Bank Loan
Cash Purchase
SUPPORT
Established SLA ensures you have the help you need, when you need it
Not included, must be negotiated separately
Not included, must be negotiated separately
CASH FLOW
No money down means equipment can be profitable from day one
Down payment is required and costs of installation, maintenance, and freight aren't included
Depletes your cash reserves and leaves you vulnerable to unforeseen expenditures
CREDIT
Preserve credit lines and conserve capital while improving your credit score
Ties up credit lines
Credit can be negatively impacted by diminishing working capital
RATE RISK
Establish a set rate at the beginning of the term of the agreement
Most likely a variable interest rate tied to prime or an economic indicator
Uses up today's cash that could have been spent on income generating activities
SOFT COSTS
Covers most soft costs and preserves cash
Rarely covered
Additional upfront costs that deplete cash reserves even more
UPGRADES
Easy to add-on or trade-in, don't have to worry about disposal
Must handle disposal of equipment which slows upgrade process and results in additional costs
Must handle disposal of equipment which slows upgrade process and results in additional costs
Hidden Costs of Technology
The purchase price of your new technology is just the tip of the iceberg compared to its lifetime costs. Many times the maintenance of that technology can cost 3-4x more than the original purchase price.
This free eBook uncovers the costs you might not expect to encounter through the life of your technology.
