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Companies are now evaluating technology in a whole new light; it is not just about the initial capital investment but the cost of the investment over the useful life of the equipment. WTFS is committed to finding and minimizing the total cost of ownership for our customers technology purchase. Winning Technologies encourages all of our customer to standardize on technology and technology purchases. It reduces the support of your system, increases the manageability or your system while lowering your total cost of ownership.
Leasing programs are becoming increasingly popular because they encourage standardization and a disciplined approach to the acquisition of technology and computer equipment. An example of this is that the lease has a term and at the end of the term you are going to have to decide to upgrade or rotate out the equipment. Since the term is a fixed length you have established the rotation cycle of the equipment.
Leasing can also help in the establishing and maintaining a standardized computing environment. Standardization reduces the number of vendors required to maintain your environment, resulting in increased productivity from the remaining vendors and accountability for the service and support they are providing. Standardization can also help in the additional procurement of equipment, minimize systems integration, lower support costs, and reduce training requirements.
Operating lease payments are frequently 100% deductible as an operating expense. Speak to a professional tax accountant to see how the lease would need to be structured to take advantage of the deductible status.
Financial Services also include:
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