Your source for information and insight on how financing and asset management strategies can help you transform your business.
In Tough Economic Times, Leasing Offers Added Benefits
Developing a strategic plan to transform your IT infrastructure is a challenge under the best of circumstances. Add in today’s economic unease, escalating energy costs and carbon footprint concerns – and the degree of difficulty grows geometrically. HP Financial Services can help… in ways you may not expect.
In difficult economic times leasing helps conserve capital and lower costs
Business leaders face multiple challenges in today’s climate of rising energy costs, uncertain financial markets and the relentless pressure to drive down costs. Adding to the pressure, firms that make sound decisions in tough times will be best positioned when the economy recovers. By working together, CIOs and CFOs can maneuver through these challenges and also prepare the organization for future growth.
Not just ‘nice to do’: Efficient IT benefits the environment and bottom line
Managing the corporate IT infrastructure in an environmentally sensitive fashion is good business and provides a profound bottom-line payoff. At issue are significant rewards for the organization—and control over risk. With foresight and planning CIOs can further their core mission to deliver competitive IT capabilities at the lowest possible cost and enhance the company’s reputation as a responsible corporate citizen.
Strategies for Managing IT Equipment Renewal and Replacement
IT is an essential component of the modern enterprise, yet IT business practices are often less sophisticated and rigorous than those used to manage vehicle fleets. CFOs and CIOs face a shared challenge in establishing a framework to systematically retire and replace IT assets over multiple technology lifecycles.
The challenge is to help customers achieve their financial goals
In an article for Monitor magazine, HP Financial Services President and CEO Irv Rothman discusses how the strategic importance of technology is changing the way lenders work with customers.
Small and midsized companies: Smart choices solve financial challenges
When it comes to planning and implementing an IT strategy, small and midsized businesses face all the financial and management challenges of their larger rivals — and more. Expects suggest that leasing equipment often makes better financial sense that owning it.
Data Center Consolidation: Financing Options Address More Than Just Costs
Companies large and small are looking to IT transformation projects to expand capabilities while reducing costs. Often, the upfront cost of an IT consolidation initiative becomes a significant barrier to moving the project forward. An effective approach to financing can change the paradigm; indeed, some projects may effectively pay for themselves through cost savings.
From a social responsibility perspective, the issue is e-waste. From a corporate shareholder perspective, the concerns expand to security and recovering value from older equipment. Disposition of older IT equipment is a big issue for corporate America – and growing bigger. With planning and forethought, companies can turn a potential liability to strategic advantage.
In an article for Financial Executive magazine, HP Financial Services Managing Director Tom Adams counsels businesses on how to turn older IT equipment into cash.
Advanced technology, robust business solutions and a strategic leasing program took Metro Health Village from dream to reality, notes the medical center’s Chief Information Officer.
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