LeaseAccelerator’s Post

Does your organization have savings targets, or are you exploring ways to optimize equipment lease spend? Take a look at the great LeaseAccelerator resources here!

Are you interested in managing the cost of capital and reducing equipment lease spend? Learn ways to optimize the equipment lease spend category and achieve the savings that leasing promises. Case studies and best practices are right at your fingertips → https://bit.ly/3FafHib #treasury #procurement #controller #treasurer #cpo

Making lease vs. buy decisions using the right data is a proven way to drive savings for equipment leases. Try out this calculator to estimate the savings potential that is generated by an FMV equipment lease → https://bit.ly/45ebPqO #treasury #procurement #controller #treasurer #cpo

Making lease vs. buy decisions using the right data is a proven way to drive savings for equipment leases. Try out this calculator to estimate the savings potential that is generated by an FMV equipment lease → https://bit.ly/3V8i0vp #treasury #procurement #controller #treasurer #cpo

𝐓𝐨𝐭𝐚𝐥 𝐜𝐨𝐬𝐭 𝐨𝐟 𝐨𝐰𝐧𝐞𝐫𝐬𝐡𝐢𝐩 (𝐓𝐂𝐎) - 𝐋𝐞𝐭'𝐬 𝐥𝐨𝐨𝐤 𝐛𝐞𝐲𝐨𝐧𝐝 𝐭𝐡𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 𝐩𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭. TCO is a financial estimate that includes the purchase price of an asset plus the costs of operation over the asset's life span which provides a more comprehensive view of the long-term costs and expenses incurred during the product's useful life and ultimate disposal. 𝐊𝐞𝐲 𝐜𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭𝐬 𝐨𝐟 𝐓𝐂𝐎 𝐢𝐧𝐜𝐥𝐮𝐝𝐞- - Acquisition cost (purchase price, research, logistics, installation). - Operating costs (insurance, fuel, energy, administration, training). - Maintenance costs (repairs, downtime, preventive maintenance). - Financing costs. - Fees and taxes. - Opportunity costs. - Downtime costs. - Salvage value/resale value at the end of the asset's life. Calculating TCO helps buyers/owners to determine the direct and indirect costs of a product or service. It is commonly used in business deals, IT purchases, and major consumer purchases to assess the long-term value and affordability of an investment. By looking beyond just the purchase price, TCO provides a more accurate basis for determining the true cost vs. return on investment (ROI) of an asset over its entire lifecycle. This allows for more informed purchasing decisions and better budgeting of operating expenses. #TotalCostOfOwnership #TCO #Business #ROI #FinancialEstimate #CostOfOwnership #ReturnOnInvestment #FinancialPlanning #BusinessSuccess #SupplyChainManagement #Procurement #Sourcing #StrategicSourcing #Quotation #SCM #Purchase #VendorManagement #Asset

If you’re in the transportation and logistics industry, running an effective lease purchase program can help you become a more attractive organization for owner operates. This is why you need a robust software system to provide: 🚚 Better financial tracking: To track contract changes, financials, and edit history, while providing a comprehensive audit trail. 🚚 Asset optimization: To Efficiently manage vehicle assets and maximize utilization to generate higher returns. 🚚 Mitigate Risk: To Stay head of delinquent contracts by gaining visibility into real time accounting and contract data. 🚚 And Regulatory Compliance: To ensure your internal controls meet regulatory compliance and accounting best practices. Visit our website www.domls.com to book a demo and learn more about how we can serve your leasing management needs today.

An efficient and proactive working capital program is imperative for businesses as they consider current market challenges. It is vital for program growth that procurement and treasury functions partner together for effective supplier working capital management. Patrick McCartan from Caterpillar took us through how their treasury and procurement teams effectively manage and maximize their working capital.   Learn more: https://lnkd.in/gdFd_uD7   #JPMorgan #payments #trade #workingcapital 

Does your business have a fixed asset register? This register is a detailed record that systematically tracks the tangible assets owned by an entity. These assets are generally held for long-term use and are not intended for resale in the normal course of operations as they are used to generate revenue. Examples include buildings, plant and machinery, motor vehicles, furniture and equipment. Why should you have a register of the same? Our Business Process Outsourcing (BPO) manager, Priya Chavda, has the answers with the insights below. #PKFInsights #Accounting #Assetmanagement

Recognising the pivotal role of purchase requisitions in financial planning is crucial for any organisation. Understand what a purchase requisition is, the ideal process to follow, and how it can enhance visibility and efficiency in your spend management. https://bit.ly/3M5Wbqu

Recognising the pivotal role of purchase requisitions in financial planning is crucial for any organisation. Understand what a purchase requisition is, the ideal process to follow, and how it can enhance visibility and efficiency in your spend management. https://bit.ly/47MQ4RU