2. ECONOCOM PROVIDES
INNOVATIVE AND BESPOKE
TECHNOLOGY FINANCE WHICH
EMPOWERS YOUR COMPANY TO
BE AGILE,FLEXIBLE AND FOCUSSED
ACCOUNTING BENEFITS
Your lease can be structured to be compliant
with accounting standards if it needs to be
off balance sheet, which helps preserve your
company debt and asset ratios. Alternatively,
it can be structured so that all costs are
“below the line” preserving your company
operating profit.
Whatever your accounting standards,
whether IAS, UK or US GAAP, Econocom
has the financial expertise to match
your requirements.
RESIDUAL VALUE
IT equipment typically depreciates to
obsolescence over 5 years. Most companies
refresh their IT estate before the equipment
reaches obsolescence, typically 3 years.
By matching the lease term with your
refresh cycle, Econocom shoulders the
future risk of the equipment, not you.
IT residual value at 3 years is approximately
5 - 15%. A 3 year lease can thus help you
save between 5 and 15%.
As arguably Europe’s largest broker in
second-user equipment, Econocom has
the expertise and systems to invest realistic
residual values in all our solutions.
For over 40 years,Econocom has helped its customers in managing and evolving
their IT and telecom infrastructures to guarantee them access anytime,anywhere.
Leasing is the only funding solution that helps you increase your savings and
benefits.Leasing removes obsolescence issues associated with purchase and all
rentals are fully tax deductible,resulting in considerable tax savings.
Why lease with ECONOCOM?
COLLECTION & DISPOSAL
Econocom handles the entire
end-of-life process, from collection to
recycling, reselling on the second-user
market or disposal in compliance with
the WEEE directive. Collection and disposal
are included in the lease rate and all
confidential data is removed from customer
systems and warranted to such effect
(compliant with FAST (Federation Against
Software Theft) and Data Protection Act).
SALE AND LEASEBACK
Econocom can buy your existing IT estate
and lease it back to you, thereby providing
positive cash flow and all the benefits of
the Econocom inclusive services which our
leasing customers enjoy.
A UNIQUE PARTNER
OVER 8,000 EMPLOYEES ASSISTING
OUR CLIENTS
ACTIVE IN 20 COUNTRIES
OVER 20,000 CLIENTS ACROSS EUROPE
LISTED ON THE BRUSSELS EURONEXT
STOCK EXCHANGE SINCE 1986
INDEPENDENT FROM HARDWARE
MANUFACTURERS, TELECOM
PROVIDERS AND BANKS
2012 REVENUE OF €1.54 BILLION
3. Econocom finances a wide range of software
projects such as ERP, CRM and warehouse
management systems plus PMS and CMS
systems in the legal sector.
Econocom can also finance your intelligent
devices, also known as Smart Objects (SO).
These intelligent products are able to identify
themselves and/or perform tasks; they
receive or send information using
embedded technology.
Smart Object includes a large range of
products such as: touch screens, tablets (ie.
iPads), smart phones, interactive terminals,
EPOS, PDA, handheld devices, digital signage,
bedside terminals, multimedia terminals,
videos walls and more.
The Smart Object market is expected to grow
dramatically and Econocom is equipped and
ready to provide the right financial solution
for you today!
Econocom can fund all Information
and Communication Technology
(ICT) assets.This includes laptops,
PCs,servers,telephone systems,CCTV,
networking,storage area networks
(SAN),printers and mainframes.
What assets can we fund?
PRE-LEASE FACILITY
The Project Rental Agreement (PRA)
is a pre-lease facility that gives you the
time you need to build up your IT estate
before the start of your lease.
We recommend the PRA for prolonged
investment programmes involving
multiple assets, invoices and suppliers.
The PRA facility is set up for the
anticipated spend and for an agreed
period in which the expenditure is likely
to occur. This is typically 3 to 6 months.
At the end of the PRA, all approved
invoices are drawn down into a lease.
There is no charge for setting up this
facility or any underutilization charge if
the whole facility is not used. The client
only pays an interim charge – applied
on a daily basis – on the amount of the
facility utilised. Should the project lapse,
Econocom can extend the pre-lease
period as much as required.
CLASSIC LEASE
The Econocom Classic Lease is
designed to help you invest in IT while
preserving your cash reserves for core
business needs.
The classic lease is tailored to suit you.
You decide the frequency of your lease
payments and the duration of your
contract. You have complete freedom
over what, when and where you buy;
and we operate independently of
manufacturers, suppliers and banks.
We allow you to spread your cost evenly
over a number of years, without having
to deal with the peaks in investment
associated with purchasing.
Econocom aims to provide a solution
which mirrors your strategy. This might
require a single lease for each financial
year, or one lease per asset type, such
as laptops or servers. Whatever the
requirement, Econocom can structure the
leases accordingly.
What product to suit your strategy?
TECHNOLOGY REFRESH OPTION
TRO is Econocom’s innovative enterprise
financial solution designed to manage your
technology refreshes within a stable budget.
Econocom understands that your
technology is evolving every day. Therefore,
we have developed TRO to help you refresh
your IT when you need, not when the lease
or budget dictates.
TRO is flexible: you determine the renewal
strategy, the timing of your renewals and
the parameters of your lease. TRO gives
you total control: over budget, over process,
over assets.
TRO is clear and transparent: thanks to our
market leading asset management tool;
you can track your assets, invoices and
financial information 24/7.
4. DUAL EXPERTISE IN DIGITAL
AND TELECOMS
THE ABILITY TO DELIVER INNOVATIVE
BESPOKE SOLUTIONS
A STRATEGIC APPROACH TO YOUR
TECHNOLOGY FINANCE
INDEPENDENT FROM HARDWARE
MANUFACTURERS, TELECOM
PROVIDERS AND BANKS
UNIQUE EXPERTISE
700 ACCOUNT MANAGERS TO
ANALYSE YOUR NEEDS AND ADDRESS
THEM WITH INNOVATIVE, TAILORED
SOLUTIONS
5,000 FULLY-TRAINED ENGINEERS
AND TECHNICIANS
6 SERVICE CENTRES (SUPPORT,
OUTSOURCING, REMARKETING)
PROVIDING THE REQUISITE EXPERTISE
TO DELIVER OUR SERVICES
4 LOGISTICS CENTRES TO ENSURE
PAN-EUROPEAN COVERAGE
OUR RESOURCES
REPLACEMENT SERVICES
Econocom is one of the few companies that
provide replacement services for damaged/
lost and stolen equipment. Econocom
manages the whole claims process for you.
This inclusive service ensures that the total
cost of ownership (TCO) is further reduced.
DEPLOYMENT TO DESK*
Econocom is able to provide a ‘Deployment
to Desk’ service. This means we can deploy
pre-configured systems to desk outside
working hours and remove the old
equipment for remarketing. Customer staff
can then carry on working with practically
no interruption.
Europe’s largest independent provider
of Technology Finance
*Optional services
Long established in western and eastern Europe, the
group also has offices in Morocco and North America
Active in 20 countries
What other services do we offer?
