Convenient, simple device procurement
Today, businesses rely on technology to drive growth, efficiency and innovation. However, dealing the complexities of modern technology acquisitions can be costly and time-consuming.
With our Circular Technology Lifecycle Management solution, you can reduce your total cost of ownership and streamline your IT procurement processes, whilse maximising value and minimising effort.
Driving cost efficiencies
To drive cost efficiencies, you must consider how you fund your tech investments. While several options exist, one solution stands out, offering cost savings, flexibility, mitigating risks and allowing you to stay up-to-date with rapidly evolving technology.
As part of our Circular Technology Lifecycle Management solution, we offer a lease plan with competitive residual value pricing. This means you only pay for what you use. And unlike traditional leasing companies, our goal is to promote reuse. We encourage you to return the devices at the end of the contract to give us the best chance of extending their useful life and reducing the impact of manufacturing new tech on the environment.
By leasing your devices, you can reduce costs and become an enabler of the circular economy.
There has been a significant growth in the number of companies preserving capital by leasing devices. It’s no wonder when you dive into the numerous benefits:
- Competitive residual pricing
- No large upfront costs, as the rentals are spread across the contract term
- Improved cash flow and financial stability, as rentals are fixed at the point of signing the contract
- Bundle in IT services such as an IT Asset Management tool, IT Asset Disposition and more
Our comprehensive approach helps streamline the procurement and invoicing process between your procurement, IT and finance teams. We do that by:
- Setting up a credit line for you to acquire new technology when you need it, aligning with your procurement budget and tech specification requirements.
- Being supplier agnostic. This means you can get the tech you want from the supplier of your choice.
- You can consolidate your bills into a single periodic payment that’s easier for your finance department to manage.
Empowering smarter IT procurement
As part of our Circular Technology Lifecycle Management solution, you gain access to Asset IQ, our advanced IT Asset Management platform.
Key features that support the IT procurement process
Digital sign off
Once you’ve placed your order with your suppliers, they will send us the itemised invoice. When the devices have been delivered, we’ll upload all the information ready for you to sign off in Asset IQ, providing a full audit trail.
Secure approval process
A two-step method notifies your designated team member(s) when new devices need to be reviewed and approved while maintaining a comprehensive record of all changes within the system.
Cost management
You can oversee expenses, access invoices, distribute costs, and have full visibility of your obligations down to the individual device level. You can also gain valuable insights into future rental liabilities and costs per device or per department.
Why BNP Paribas 3 Step IT
We combine financial strength, technological expertise, and unwavering commitment to your success, enabling your business to excel in an ever-changing digital landscape.
Explore all the steps in our end-to-end solution
Unlock the full potential of your technology journey today!
Talk to us
Talk to us