June 26, 2007 (Fairfield, CT) -- With information technology’s continuous changes in today’s marketplace, software can be as vital of an investment as hardware. As software prices are increasing with the advancing technologies, Graphic Savings Group is introducing its newest service, software leasing.
“Software leasing is a smart and flexible solution to obtain costly software,” said Andrew A. Bender, President of Graphic Savings Group. “Not only does software leasing offer the same benefits as traditional leasing, but clients will also have access to utilize the most modern software solutions available.”
Software leasing involves payment of a monthly fee and is most commonly issued under a capital lease, in which the lease term is 75% of the property’s estimated economic life. Under a software lease, individual parts such as the software licenses or even customization packages are available. Lower up-front costs, spread out terms, and no commitment to large cash payments when new software is needed allows a business to accurately forecast budgeting and provides necessary flexibility.
GSG’s software leasing program is accessible to a wide variety of software. Common types of business software under GSG’s leasing program include Windows, Accounting Software, CAD, CRM, Point of Sale, Inventory Management, and Manufacturing Software. In affiliation with Graphic Savings Group’s sister company JJ Bender, GSG can also offer workflow solutions along with the software lease. Examples of printing software financed by GSG include Xerox FreeFlow, ECopy for Canon Multifunction Printers (MFP’s), and ColumbiaSoft’s Document Locator.
“Graphic Savings Group’s software leases can bundle services such as training, installation, user license fees, support fees, and maintenance,” stated Mr. Bender. “Software Leasing is an exceptional investment for start-up companies, in which it allows them to quickly obtain technology that is normally outside of their financial scope.”