Ever since its inception, Devtron’s Circuit Master security monitoring software has taken the industry by storm. Continuous research and development, including new functionalities and a mobile application development project, has ensured that the system offers both convenience and real-time data, saving estates thousand in maintenance costs and reducing down-time.
During the initial strategic roll-out of the system, the majority of clients preferred to own the system and opted for an outright purchase. Other important reasons included being able to claim certain tax deductions (when applicable), bringing into account depreciation benefits and owning the support equipment.
A CHANGED BUSINESS LANDSCAPE
Since the onset of the global pandemic, numerous clients, many of which have been involved with Devtron for a great number of years, have had to downscale their business operations. However, the need to protect one’s assets such as properties, business premises, equipment, and personal interests, never cease to require resources, irrespective of availability thereof.
We are proud to announce that we now offer the Circuit Master software system to clients on a leasing option, which means you can still enjoy the full benefits this world class monitoring system, but at a lower monthly rate.
BENEFITS OF A LEASE AGREEMENT
In general, there are a number of benefits offered by a lease agreement as opposed to making an outright purchase:
- Lower Cost. The primary advantage of leasing an item (such as equipment, software, hardware) is that it allows you to acquire those assets at minimal cost. Because equipment leases rarely require any down payments, you can obtain the goods you need without negatively affecting your cash flow.
- Flexible Terms. Leases are usually easier to obtain and have more flexible terms than fixed purchase agreements. This can potentially be a significant advantage if you need to lower your monthly or input costs.
- Easier to Upgrade Equipment. Leasing allows businesses to address the problem of outdated equipment in that the burden of replacement is passed onto the lessor. In many instances, a renewed lease agreement includes automatic upgrading of certain equipment to the latest versions or with improved capabilities.
- Expedited Maintenance and Repairs. As a lease is generally linked to certain service conditions and well-defined responsibilities of the lessor and lessee, maintenance and repairs are executed swiftly, and equipment that requires off-site repairs, can be replaced with loan-units in the interim, which means no disruptions or minimal downtime.
Flexible End of Contract Options. Once the lease period expires, many lease agreements allows for flexible end of contract arrangements, this may also include the option of a month-to-month extension, or an opportunity to renegotiate the agreement.