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Avotus Pioneers Flexible Financing Model


September 12, 2007

Avotus Corporation, a provider of Telecom Expense Management (TEM) and eProcurement solutions, has unveiled the first-of-its-kind flexible financing model. The model enables companies to defer the start-up cost of rolling out a TEM or other BPO or IT Services solutions. These costs include an entire gamut of start up, professional and managed services, and solution costs.
 
Avotus offers qualified customers a flexible payment plan in accordance with the project launch and the timing of realizing expected savings and process improvements. Companies can thus defer upfront payments until the solution starts functioning. They don’t even have to bear high front-end costs or make double payments while switching from a previous vendor to Avotus. 
 
Through this solution, Avotus is presenting a creative solution to a common problem in TEM for all those customers who are eligible for this program.
 
“We are excited to begin offering a flexible payment plan for companies seeking to implement a TEM solution.  In order to realize the maximum ROI from any TEM solution it is vital to deploy the appropriate resources upfront.  This product gives companies the financial flexibility to establish the necessary TEM infrastructure and deploy the level of service that will generate the maximum ROI over the long-term, while minimizing and even in some cases eliminating the upfront investment,” said Richard S. Garnick, Avotus’ Executive Chairman and CEO.
 
 
Divya Narain is a contributing editor for TMCnet. To see more of her articles, please visit her columnist page.