Technology-as-a-Service Blog

Paying Cash VS Utilizing A Monthly Payment Option For Technology Equipment

Written by Jill Duran | Nov 20, 2019 8:00:00 PM

Everyone Has To Pay For Communications Technology. Make An Informed Decision.

Buying data networking, security surveillance, AV, voice or related technology equipment is a process every business has to embark on. Technology equipment is to a business what vital organs are to the human body. It is close to impossible to operate without it. However, from an accounting and business perspective, the technology equipment itself, is an acquisition that never generates revenue; in fact it depreciates at a very rapid rate.

Therefore, the method which an organization acquires their technology should be a strategic decision with many factors considered. All methods to acquire technology equipment is not created equal. This infographic breaks down the differences, that are not always taken into consideration in regards to making a cash purchase versus utilizing a monthly payment option

 

Discover more about monthly payment options for all of your technology solutions.