Ever since the tech bubble burst, enterprise solutions vendors have been hitting the roadblock of customer wariness over return on investment. |
Enterprise solutions typically involve a major upfront investment in licence fee and installation charges, plus maintenace and upgrading costs on a recurring basis. |
SAP is now making it possible for prospective customers to simplify all this into an annuity charge spread over seven years. |
SAP AG and Siemens Financial Services (SFS), have announced simple, affordable and all-inclusive financing for existing and prospective SAP customers of all sizes. |
Marketed through 'SAP Financing' and delivered through SFS, the new financial services are tailored to meet the specific cash-flow requirements of the customer and cover the costs of software, hardware, internal and external implementation services, and maintenance during project installation for SAP solutions. |
SAP Financing is immediately available through all SAP sales channels, including channel partners and system integrators. |
This model is being launched, said SAP, at a time when companies are ever more careful with their business investments and financing issues can complicate decisions about adopting new business management solutions. |
"SAP Financing addresses these issues by combining all relevant costs into a quantifiable monthly payment. The financing offer simplifies the budgeting process and helps customers predict the total cost and return on investment over the entire life cycle of their software solutions," a statement from SAP noted. |
According to SAP, long-term costs associated with an SAP solution are calculated for a period of up to seven years, enabling companies to plan their long-term IT investments and better understand the opportunity for lowering total cost of ownership (TCO). |
Further, companies will be able to get financing information quickly and easily through the "Investment Calculator" tool, without the need for a third-party financing expert, the statement added. |