Accounting LeaseAccelerator

How to Compete Lessors and Drive Savings: 4-point Plan


Sponsored by LeaseAccelerator

Use Competition to Drive Big Savings in Your Equipment Leases.

Cummins, Eaton, ATI, and Ascension Health have developed an innovative global lease origination process to ensure each transaction is competed and the savings measured. Learn how they do it. Seven examples provided: forklifts, computers, phone systems, and medical equipment.

By pursuing this 4-point plan, these companies have generated hard-cost savings of 6% or more in less than two months:

  1. Enable end-to-end lifecycle transaction management in the field, while centralizing visibility and control.
           RESULT: 4-digit ROI in two months or less.
  1. Distribute RFPs into a global marketplace of qualified lessors - eager to compete for new business… and you control who gets the RFPs.
           RESULT: 6% hard cost savings.
  1. Evaluate proposals quickly using analytical tools to make leasing as fast as cash transactions.
           RESULT: fast competitive events - 2 weeks or less.
  1. Deploy a uniform lease agreement within the RFP process to drive price competition.
           RESULT: easy bid comparisons; reduced upfront legal costs and downstream compliance costs.

Download the 4-Point Plan to Unlock Lease Origination Savings and learn how Fortune 500 companies are annually capturing hard cost savings of 6% on average each year in more than 25 countries. That’s $600,000 in savings for every $10 Million in annual leasing volume. Check it out here.