How to Manage the Technology Churn with Leasing to Align Finance and Operations

Law firms are in a heated market:  mergers, acquisitions, lateral moves, technology adoption, obsolescence, forced upgrades, cloud migrations and more are accelerating at unprecedented pace.  Firms must create efficiencies that align the business side of the house, especially when it comes to IT, finance and operations. That’s why we see ILTA’s 2018 Technology Survey technology updates as one of the most pressing concerns for firms.

Choosing the right financial strategy that aligns operations and IT can ensure not only a successful technology implementation, but an optimal use of technology over its entire lifecycle at your firm whether it’s software, equipment, laptops, desktops or servers, while making sure the firm is not overpaying for its competitive and operational IT needs.

Leasing and financing offers multiple benefits, including:

Providing flexibility to replace/upgrade equipment such as desktops and laptops at the pace required for today’s business needs, while avoiding typing up capital in a depreciating asset

Finance 100% of software needs, including data conversion, implementation and training

Accelerate decision cycles and streamline operations

Investment in top-of-line hardware

Offering the highest level of security to all the hardware offered by them, ensuring no data loss while replacing or changing an older piece of equipment, and properly disposing of obsolete hardware

Prep for cloud migration

Simplify maintenance, built-in end of life lease options

Inflation protection, preserve cash flow for other strategic needs and spreads out partner contributions

Want to learn more? Let’s schedule a short phone call, email us at info@coretechleasing.com. 

Bonus: Check out company president, Scott McFetter’s, recently published article in Legal Management Magazine “How Leasing Aligns Finance, Operations and Tech Needs for Your Firm”