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Device ownership
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Devices are fully owned by the company and recorded as assets. Outdated devices will remain within the organization, requiring additional management.
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Devices are not owned during or after the lease term and must be returned or replaced. This often leads to increased complexity and to end-of-cycle hassles.
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Provides access to premium, manufacturer-independent devices without adding them to your balance sheet. Outdated hardware is managed for you, reducing administrative tasks.
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Cost type
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Involves a high one-time purchase cost, which is treated as a capital expense. This limits your financial flexibility.
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Monthly payments are fixed over the lease term, spreading costs but limiting options for mid-term changes.
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Predictable monthly payments are usage-based, aligning costs with business needs and removing the need for large upfront investments.
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Lifecycle management
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The company is responsible for all lifecycle tasks, including secure data erasure, disposal, or resale at the end of the device’s use.
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End-of-term tasks like data erasure and returns are handled by the business, often requiring coordination with multiple providers.
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Offers full lifecycle management from procurement to secure data erasure, refurbishment, or recycling, all managed through one point of contact.
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Maintenance and repair costs
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Maintenance, repairs, and logistics are fully managed by the company, which can lead to unexpected costs and downtime.
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Repairs and maintenance are usually the responsibility of the lessee, often requiring third-party service providers.
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Repairs or replacements are managed globally, with devices fixed or replaced by the next business day. A single contact ensures everything runs smoothly.
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Flexibility
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Limited flexibility, as devices become fixed company assets, making upgrades or replacements difficult.
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Contracts are fixed, with limited options to adjust terms or scale during the lease period.
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Subscription plans offer high flexibility, allowing businesses to scale, upgrade, or adjust devices to meet changing requirements.
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