In business you know that purchasing IT equipment can deplete capital, preventing you from using it to expand and develop your company. Additionally, experts estimate that an initial IT purchase accounts for only 15 to 20 percent of the total cost of ownership. When you factor in expenses for staff, service, redundancy and disposal, you could spend five to six times the original price of the equipment over its lifespan.
Given the risk of TCO, purchasing may not be the most advantageous option. An intelligent and economical alternative to purchasing is leasing. And leasing through HP’s Total Care Financial Services means you have access to world-class technology while keeping an eye on your bottom line.
HP Total Care Means Total Coverage
Total Care is HP’s philosophy of providing complete service and support for the lifecycle of your computer system—from choosing it, using it and protecting it all the way to transitioning to new products and solutions. Now HP offers customers in North America comprehensive service and support through a series of monthly lease payments. This leasing option, called HP Total Care Financial Services, offers all the benefits of HP technology and services while minimizing the TCO risks.
More Control over Cash Flow
Cash flow is an important issue for small and midsize businesses. If you end up spending too much on your IT infrastructure, the cost could drastically affect your balance sheet. With HP Total Care Financial Services, you can:
- Lease equipment and services as a package or à la carte, with little or no upfront costs
- Keep from making a large capital outlay
- Stay in the driver’s seat in terms of how much money you’re spending on a monthly basis
A Flexible Way to Grow Capital Expenditures
Due to varying growth cycles, midsize businesses don’t always know their technology needs right away. Leasing affords the opportunity to add to or renew your IT infrastructure independent of budget cycles. You can also:
- Expand or contract your configuration of products and services as your business needs demand
- Match the expense of your IT solution against the revenue it earns during its lifecycle, thereby lowering TCO
Built-in Asset Management and IT Support
When you purchase a sophisticated computer system, you need specialized knowledge workers to manage it. However, midsize businesses often run lean staffs and have limited IT resources. With leasing through HP Total Care Financial Services, you can:
- Enable HP to manage your IT assets, including installation, servicing, software updates and revision control
- Be assured that equipment is up to date and working at its optimal level, without managing it yourself
Personalized Support Through Local Partners
You may already have a trusted local IT advisor whom you rely on for parts and services. Switching to a global company might limit you from getting the immediate and tailored service you’re used to for your specific business needs. With HP’s Total Care program, you can:
- Purchase equipment and get support locally through one of HP’s many local authorized partners
- Continue to rely on your local IT advisor (in most cases) to provide you with your IT needs
End-of-Lease Transition
When a lease is set to expire or when purchased equipment becomes outdated, businesses are often left scrambling. Should you start another lease? Should you switch to a new system? HP can help you weigh your options, plan the end-of-lease transition and, when necessary, dispose of or recycle your IT equipment while protecting the environment.
HP Total Care Financial Services helps companies accelerate growth by decreasing IT management spending, lower costs by reducing the need for a large capital investment and mitigate risks by allowing for changes in strategy and providing comprehensive, first-rate service. All of these benefits can help small and midsize businesses achieve better business outcomes.
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