The way you handle your business’ budget is an important component of meeting financial goals, curtailing overspending, and getting control of your company’s future.
This year, businesses have had to shift priorities and budgets in a major way to meet new restrictions and challenges posed by the ongoing COVID-19 pandemic. Businesses from all industries are reporting impacts to their operations, with the hardest hit comprising education, consulting, healthcare, and advertising.
Even those with the lowest impact reported significant changes, with 89% seeing an impact to projects and budgets.
The typical ways to adapt budgets to maneuvering through this new economy such as financial forecasting and reevaluating financial goals allow businesses to make a positive impact to their future financial health.
Financial forecasting not only helps determine your true financial position by estimating — and tracking — income and expenses. Deploying smart strategies like paying off current debt — and not adding to it with further equipment purchases — can help get finances back in order.
One intelligent way to accomplish both of these objectives while ensuring that productivity and output remain high is to consider Print-as-a-Service (PaaS) for your print and imaging needs.
How Powerful Print-as-a-Service Solutions Can Improve Your Business’ Resilience
Print-as-a-Service (PaaS) is the right solution for businesses that need state-of-the-art office technology, but don’t want to outlay precious budget dollars for equipment.
Importantly, it is a service that works perfectly — even if your employees are working from home, a trend that is picking up speed as COVID-19 continues to impact the way we work.
With PaaS, all of the equipment you need for fast, efficient, high-quality printing and office productivity such as copiers, printers, and associated supplies, remain on the balance sheet of the service provider, freeing up capital for more critical uses — or emergencies.
A PaaS solution requires no adjustments or depreciations on your financial balance sheet, but you have access to the right equipment for your business needs. This differs from most leasing agreements, as a lease is still noted as a liability for financial purposes.
Importantly, you can upgrade or change your devices as your needs evolve, ensuring the kind of flexibility and scalability smart companies strive for when planning for the future.
With this service, all routine maintenance and troubleshooting is rolled into the single monthly bill, including parts and labor, to simplify expense tracking and planning and to remove the burden from your in-house IT or office technology staff.
Verity Group Offers PaaS for Your Business Success
At Verity Group, we are familiar with the many ways COVID-19 has affected the many businesses we serve, and we know from experience that print-as-a-service can help.
Our team of print professionals is focused on helping our clients find smart, financially savvy ways to navigate the post-COVID environment with the highest level of success. That means finding new opportunities to save money as well as provide a reconfigured workforce with the equipment they need to thrive.
Our PaaS solutions are created with your specific business objectives and challenges in mind. Our team of IT experts will collect data on your current fleet and infrastructure and conduct interviews with staff to understand your current working situation.
Then, we will design a printer fleet that will optimize workflows and get the maximum benefit from the leanest fleet possible. You will have access to cutting-edge technologies and be covered with routine maintenance and troubleshooting to ensure downtime is kept to a minimum — or eliminated completely.
The best part? You only pay for what you print with our “True-Billed” cost-per-page formula. There is only one invoice to keep track of, there are no long-term contracts, and you are free to cancel at any time — without a fee. That means you get access to the state-of-the-art equipment you need, plus unparalleled service without a huge outlay of capital — and without risk.
For today’s COVID-strapped budgets, print-as-a-service is the right choice for savings, stability, and unsurpassed productivity — just what your business needs to keep thriving.
Take advantage of the power and financial freedom offered by Print-as-a-Service solutions. Contact Verity Group today and discover how to lean down your budget while ramping up productivity.