Cloud Computing

It’s NOT Just About the Technology

When you run your portfolio management from the cloud, you change more than the economics of a leasing and finance accounting solution. You also free your team from IT headaches and give them a level playing field where they can compete and win.

For the equipment leasing and finance industry, the exciting news is that cloud computing options have arrived. And, just like every wave of innovation, the new technology is washing away some long-lived assumptions about upgrading your portfolio management technology. For example, the notion that a fully-featured system with virtually unlimited scalability is beyond the reach of an SMB’s budget is no longer valid. Similarly, the idea that big solutions always require big IT departments is history, too.

The simple truth is that cloud computing makes it possible to deliver the power of an enterprise-level portfolio management and accounting system for an affordable monthly fee, with no new infrastructure hardware nor added IT staff to tend to it.

If this sounds like the beginning of a new way
of life for software buyers, it is. With the advent
of software as a service for equipment leasing
and finance, moving to an improved system no
longer means writing a huge check, bringing in
new IT staff, buying new servers, or making a
decade-long commitment. And cloud economics
mean that smaller organizations no longer need
balance scalability or robust functionality against
budgetary concerns. Suddenly, the best technology
is affordable to all.