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NewLease and Alleasing strike landmark finance partnership

Announcement posted by NewLease 16 Jun 2006

Microsoft Software-as-a-Service (SaaS) distributor NewLease and technology leasing company Alleasing have signed a world-first agreement which will allow their partners to offer pay-as-you-go Microsoft licensing with financed computer hardware. Under the deal, customers will be able for the first time to legally bundle software and financed hardware into one agreement, avoiding large up-front capital costs and interest payments on software while still complying with licensing requirements.
From June 2006, Alleasing will add NewLeases Microsoft service provider licensing (SPLA) to its unique online ordering system, which allows resellers to enter customer details and print contacts immediately, incorporating hardware costs and maintenance and software services into the same agreement.
Murray Hamilton, chief operating officer of Alleasing, said: Resellers and customers are both winners as a result of this partnership. Our resellers can offer a truly sticky service that delivers them ongoing revenue while Alleasing manages all the administration and collection.
Customers avoid capital expense and minimise the interest they will pay on their finance agreement. They pay only for the software they use, increasing or decreasing their spend month by month, as their business needs dictate. They also have constant access to the most up-to-date software versions, added Hamilton.
No other finance company can offer the same flexibility. Also, rental agreements on packaged hardware and software breach traditional license agreements, which cannot be rented.
Dawn Edmonds, chief operating officer of NewLease, said the new offering is an easy way for resellers to join the growing ranks of SaaS providers. Its also one of a kind in the Australian marketplace.
Our pay-as-you-go licensing model is unique V we can deliver true Software-as-a-Service on the desktop, said Edmonds. Software-as-a-Service doesnt have to be hosted.
About NewLease
NewLease is a distributor of pay-as-you-go software licensing for service providers across Australia and South-East Asia. NewLease is also a wholesale provider of a range of hosted solutions that enable our partners to offer software-as-a-service to their customers.
NewLease is the distributor of the Microsoft Service Provider Licensing Agreement (SPLA) in Australia and South-East Asia, offering pay-as-you-go licensing solutions to managed service providers.
NewLease partners are able to offer hosting, outsourcing and other software services to their customers without the upfront capital costs and associated risks. It also provides them with an attractive, recurring revenue model.
SaaS offers four major benefits for small to medium businesses:
No upfront costs: customers pay as they go for what they use
Increased flexibility: customers can adjust software requirements as their businesses needs change
Access to the latest software versions, always
Customers only pay for the licenses they use in any particular month; no term commitments, and no risk of paying for unused licenses
About Alleasing
The merger of Australias leading leasing companies created Alleasing Finance Australia. Alleasing has unrivalled financial strength and broad-based industry expertise. It offers competitive leasing packages and sales-aid finance to selected vendors.
Partnering with Australias biggest lease finance provider and backed by the strength of the Allco Finance Group, means you benefit from more than 30 years of experience and in excess of $60 billion in equipment finance origination.
Understanding the best way to finance equipment can be complicated. Alleasing combines extensive asset knowledge with specialist financial expertise to assist you when considering technology finance options.