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12th August 2021

What’s the Difference Between Leasing and DaaS Subscriptions?

Holly Skinner

If you’re a medium sized business, you might well be looking at various leasing options for your employees’ IT devices. This can make sourcing a large order of tech hardware more affordable and efficient.

With a leasing subscription, you can pay for your hardware in ongoing instalments and your business does not technically own the devices.

Subscription models are becoming more and more popular for all kinds of services, including digital hardware.

Device as a Service, or DaaS as it is more frequently termed is one possible solution to your hardware supply chain needs. But what makes DaaS different from other kinds of leasing?

Leasing Devices Vs Buying Devices

When buying devices, the business pays the full amount up front in one go and usually buys devices in bulk. They completely own and are responsible for the maintenance, updating, management and disposal of those devices.

Naturally, this results in a large outgoing expenditure with no addition IT support. For many businesses this is impractical or suboptimal for the fast-paced and changing environment for modern business.

The requirements of the modern-day office shift quickly. Technology advances rapidly, business objectives and department sizes fluctuate, as does the economy. The COVID-19 pandemic is just one example of how everything can change rapidly and make demands upon the way businesses are run.

Businesses have to be agile and flexible to keep up with this changing environment. Buying devices can lock you into one model and one way of working, whereas leasing provides much more freedom. No other leasing option is as flexible and adaptable as a DaaS solution.

Leasing Options

Device as a Service is a type of leasing, but it isn’t the only one. Hardsoft specialise in sourcing devices for companies, and as such, we provide a range of hardware leasing options.

Depending upon the size and operations of your business, different leasing structures will appeal.

Hardsoft has a Flexi-lease option, which is one of our most popular leasing options. It’s really simple and great for businesses of all sizes since it makes it super easy to change the device, renew the lease or cancel.

Another option is Hardsoft’s Pure Rental. You have the devices for a fixed amount of time at less cost and then you return it. Ideal for small businesses or one-off projects.

A great alternative is our short-term leases. This is fantastic if you need to temporarily expand your IT staff for a limited time.

While all of these are excellent options, a DaaS solution is a little different from these standard approaches.

Leasing Vs DaaS

With a leasing subscription there is often an opportunity or goal to own or keep the device at the end of the lease. This is not the case in pure rental or DaaS.

Unlike pure rental and other forms of leasing, DaaS offers businesses more. It is not simply a cost saving measure, but a system that can be hyper flexible and help businesses add scale and become more adaptive to changes.

With DaaS, businesses gain:

  • Full 360 support from hardware experts.
  • Assistance with device management.
  • Upgrades to the latest devices.
  • The ability to quickly swap devices when needs of staff or the business change.
  • Simple returns

This access to high performance technology that is relevant to your staff’s requirements either in the office or when working from home or in the field, results in higher productivity, as well as the ability to quickly pivot your business processes as circumstances demand. This is invaluable for growing businesses looking to add scale, and those facing the uncertain times caused by the pandemic and economy.

Device as a Service is the most flexible leasing solution, allowing businesses to do more with their hardware strategy, in addition to being tax friendly and great for cashflow.

Devices For Teams

Hardsoft’s DaaS, known as Devices for Teams goes another step further with:

  • Extended support wrappers.
  • No penalties for device returns, so you can scale up or down as needed.
  • The ability to mix and match hardware. If you need Apple devices, HP laptops, and Surface tablets, that’s no problem at all.

Few other DaaS subscriptions are as all inclusive as D4T.

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