make significant savings when investing in technology
Have you considered all the funding options when investing in new hardware or software projects?
Finance models aren’t just designed for firms that need funding to buy the latest technology.
Cash-rich law firms can also benefit from the considerable post-tax savings that leasing delivers in comparison to outright purchase.
Econocom delivers bespoke financial solutions to allow law firms to acquire the technology they require without impacting their cashflow.
Collect and analyse management information to plan and track your activity efficiently.
Become more agile and provide a fast, responsive service to your clients.
Generate growth when combining a successful business model and impeccable delivery systems.
Become the law firm of the future: modern, flexible and innovative with digital technology at your fingertips
Why finance options are cost effective?
• Fully tax deductible rentals generate more savings by accelerating your tax relief, especially for higher rate tax payers.
• Your savings are increased with residual value investment at our risk.
• We can help remove the spikes associated with purchase in your cash flow and replace them with fixed rentals.
• You can invest in what you need, not just what your budget dictates.
• We free up your cash so you can invest in activities that are essential to your firm.
• You leave all administrative burden on us, saving you precious time and resources.
• You pass the costs, risks and responsibilities of ownership onto us.
what assets can we fund?
• Hardware: PCs, tablets, servers, telecoms, digital devices and more.
• Software projects (including associated delivered services): Practice Management Systems (PMS), Case Management Systems (CMS), Document Management Systems (DMS), Business Process Management (BPM), Digital Dictation (DD), Time capture/recovery, E-Discovery/e-Disclosure, Content solutions.
A simple leasing solution for your ICT investment projects which preserves your cash reserves for core business needs.
This form of financing also allows you to improve your admin productivity and consequently to realise cost savings.
For prolonged investment programmes such as PMS or CMS replacements, typically long roll-out, Econocom recommends our pre-lease facility.
This allows you to implement solutions while warehousing project costs until the go-live date.
An innovative and flexible solution for the management and funding of your technology estate.
It gives you the flexibility to upgrade, refresh and dispose of any part of your estate at any time, whilst keeping your budget under control.