Business Issues -> Costs
Released: 29th October 2013
m-hance, a leading provider of innovative business software, announces the launch of its new flexible finance scheme. m-hance Finance, in partnership with UK independent IT finance provider Syscap, offers mid-market organisations a simple and cost effective way to purchase m-hance’s solutions and services through tailored payment plans.
In a competitive operating environment businesses need to use every helping hand to achieve efficiencies and increase productivity while still maintaining a tight right rein on costs.
Mark Thompson, CEO of m-hance, explains, “Businesses often find that their initial IT investment can be the most challenging to secure. m-hance Finance is perfectly positioned to help businesses overcome any cost barriers to investment, no matter how large the financial outlay, enabling them to remain agile and stay ahead of their competition by investing in market leading software and services.”
m-hance Finance offers a wide range of finance options that allow organisations to spread the cost of purchasing m-hance’s software, training, hardware and maintenance costs in a way that best suits the needs of their business. By releasing vital funds that may be required for reinvestment elsewhere, businesses can exercise greater control and flexibility over their budgets and quickly react to changes in the market without being restricted by large, single IT investments. Crucially it also allows them to extend the terms as and when they need further upgrades.
For organisations that experience periods of the year where their income fluctuates, or generate the majority of their revenue during seasonal months, m-hance Finance provides tailored agreements to enable businesses to stagger their payments to better control their cash flow while continuing to gain efficiency savings through accessing their solutions.
Thompson says, “Businesses who select m-hance Finance can pay over time while gaining an instant return on investment from m-hance’s innovative solutions today. In addition, they can also benefit from considerable tax advantages through the ability to offset their IT expenditure as an operating expense rather than an asset, further improving their bottom line. In terms of flexibility it offers an alternative option for those that are still unsure about moving to a completely managed or SaaS model.”
Scott Phelps, Senior Vendor Manager at Syscap, comments, “We are delighted to be partnering with m-hance to deliver this flexible finance offering. As a dynamic and innovative software author they are constantly looking to provide new ways of allowing their customers to own the software of tomorrow, today.”
Notes to Editors
About m-hance www.m-hance.com @m_hanceSoftware
m-hance is a UK-based company providing innovative and functionally rich business software solutions to 2400 mid-market sized organisations including Innocent Drinks, RFU, Viridor, Millennium Hotels, Make-A-Wish, Hewden and Endsleigh Insurance. m-hance’s core solutions offering consists of financial management, CRM, enterprise social networking, SharePoint, HR & Payroll, managed services and software development in a variety of vertical markets including distribution, manufacturing, not-for-profit, professional services and infrastructure.
m-hance has been formed following the acquisitions of Calyx Software, Gyrosoft, Trinity Computer Services and elements of MentecPlus, Touchstone Group and Maxima Holdings plc. m-hance is currently supported by 230 staff from offices in Manchester, London, Dublin, Glasgow and the United States. m-hance also has offshore development capabilities in India.
In September 2013, m-hance was ranked in 40th position in the Tech Track 100 league table as one of the fastest-growing private technology companies in Britain after achieving record sales growth of 79 per cent.
T: 07713 196971
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Published by: electronicdawn Ltd.