Velforms rental program is a smart solution for some of our clients with POS equipment requirement. POS rental option enables you to deliver cost-effective and flexible program that meets the day–to-day needs of your clients.
Rental programs help eliminate inventory investment and program management, as well as simplify tax compliance. Velforms Technology is the partner you’ve been looking for to meet your POS needs. We take the complexity out of payment servicing so you can focus more on solidifying your client relationships and growing your business.
In a very competitive retail market and where entrepreneurship is on the rise, although there are a lot of companies offering rentals, we offer rentals designed for the entrepreneur at heart.
We offer tailor made rentals designed to fit any budget and combined with a software solution that can be used in multiple store types.
Start up businesses and\or small businesses can’t afford to tie up valuable capital to operate a competitive business in acquisitions creating liabilities on the balance sheet not to mention the high interest levels.
It is a known fact that POS hardware and software are becoming out dated day by day, reducing its value and usefulness, allowing for fair wear and tear, combined with depreciation, at the end of the loan term, the equipment is worth a small fraction of the purchase price and needs to be upgraded again, only to acquire a new loan or go the rental route.
It makes sound business and economic sense to rent POS hardware and software rather than buy, the equity in the equipment is of minimal value in a commercial context.
Renting allows the business to keep pace with the latest technology and avoid a capital outlay on depreciating equipment, while ensuring maximum productivity and efficiency.
Renting provides the lowest cost, because of the trade in value is already built into the repayments.
Renting provides several competitive advantages; the main advantage is that the equipment earns its keep while it is being paid for. It is a far better strategy then paying upfront and then gain the benefits later.
When choosing a rental company for your Point Of Sale needs, make sure the company will understand both your hardware and software needs, is in the market and have an after sales service record and software that is robust and reliable, unique to your situation and works for you, not you for the software.
The entire solution can be acquired in a single hit and used immediately. Renting allows a faster return on investment.
Benefits of POS Rentals
Optimum Cash Flow
With rentals you can now use your cash more effectively by investing it in and for the business, then using it for business infrastructure. You can benefit from more free cash.
Reduce Total Cost of Ownership (TCO)
In today’s fast moving POS industry, the hardware will lose half its value in the next six months after purchasing, the deprivation on POS hardware just makes no sense of purchasing new computers, if you can get the same service but only rent it.
Manage the Lifecycle.
All hardware and software assets have a limited lifecycle. A rental solution manages the lifecycle of the assets. This reduces your costs and also the risks, while increases your service quality.
Off Balance Sheet Financing
Proper managing of your Point of Sale rental can result in having an increase in your business profitability. When conducting equipment financing through your bank, you usually exhaust your available credit, preventing you from a faster growth of the business.
Flexible payment plans, upgrades and the addition of more technology to meet your business demands, means you have more freedom to grow and expand your business.
No surprised costs which you haven’t budgeted for.
We deliver and install on site, give training on our easy to operate software, leaving you with the knowledge to keep the cash in the drawer and purchase the right stock amounts.
On Site Maintenance
In the event that the computers misbehave, we have technicians on standby 24/7 to repair or replace rental equipment on site.
Software on demand
The hardware comes pre installed with Smart-Trade Point Of Sale Software using a SQL Server database. The software can handle all types of transactions, loyalty programmes, stock, account sales, purchase ordering (you can even ask the system to generate a purchase order), cashless facility and packed with powerful reporting on all aspects of your business.
No lengthy contracts
No lengthy contracts, you decide on the rental period. Rentals can be from as little as one day.
You have the event; we have the solution.
Why do you want a Point Of Sale System?
- Monitor and control inventory levels
- Reduce out of stock situations
- Use promotional sales to increase traffic flow
- Ability to print food and bar orders directly in the kitchen or bar
Reduces Cost- Saving you Time and Money
- Carry optimum stock levels by using our min and max stock levels
- Reduce training time on our friendly easy to use, yet highly functional POS system
- The software is a truly all in one software package, no need to have different additional integration software to be re-entered on other software, eliminating user errors of capturing data already on the system. Data can be exported to Excel.