ERP Software Financing: the Future? ? Overview for Company Owner

In our case ? we serve Microsoft Business Solutions ERP and CRM products: Microsoft Great Plains, Microsoft CRM, Navision, Microsoft RMS, as well as we do customization and integration to these products. We would like to share with you our experience with financing through Microsoft Financial Corporation, the entity handling software financing for Great Plains, CRM, Solomon, Navision & Axapta.

? 0% interest financing. Well ? this is probably a dream or something that should not be practiced (otherwise you compromise MRP list price). However, considering the nature of software ? this is something that costs nothing to sell ? assuming that all the software development expenses and costs are already behind. From time to time Microsoft Business Solutions practices this 0% financing. Right now (June 2005) new customers are enjoying this promotion

? Increasing Number of Clients ? who use financing. Last year we saw clients who were trying to increase their market share, by fueling their efforts with financing of all the kinds, including MBS financing. This year we see regular clients, who are using financing just to stabilize cash flow. Some of these clients have enough cash to purchase the system, but they still finance.

? Car vs. House financing. This is classical American dilemma. In my personal opinion ? you can not pay upfront the price of the real estate, so you use mortgage to finance you house. However, again this is my personal opinion ? car financing is something you should probably stay away from, because car loses value as you leave the dealership place ? you can not sell the car on your own for the same or similar price. Software is very challenging asset ? from one side ? ERP might be something your business get he market value on, from another side ? if it is not implemented or implemented only half of the way ? it might be the burden. Maybe you, as business owner have to do your homework long evening and weekend hours to decide on your MRP financing.

? Consulting Paradox. This is something I would prefer to keep silence about and tell when I face to face with the prospect. You can finance not only the software, but also the implementation. Imagine the situation, when Microsoft Business Solution Partner gives you the proposals where Software list price is k$25 and estimated services to implement the systems are another k$25. You can finance k$50. And if you catch 0% promotion ? you finance services at 0% and the most amazing fact is ? MBS Partner will get the money upfront from Microsoft Finance Corporation for both pieces (k$50)

? How to trade your system in? if you or MBS partner failed to implement ? is it any known way to trade in the system. Well ? this is the place where we would like to stress ? consider first to be conservative and do not use financing?

Good luck with financing, implementation, customization and integration and if you have issues or concerns ? we are here to help! If you want us to do the job - give us a call 866-528-0577 or 630-961-5918! help@albaspectrum.com

Andrew is Great Plains specialist in Alba Spectrum Technologies ( http://www.albaspectrum.com ) ? Microsoft Great Plains, Navision, Microsoft CRM Partner, serving clients in California, Minnesota, Illinois, Washington, Florida, Arizona, New York, New Jersey, Virginia, Georgia, Louisiana, Texas, Canada, UK, Australia, Brazil, Germany, Russia

---

MultiNational Corporation ERP Implementation ? Microsoft Business Solutions Great Plains

If you look back to the history, you will see... Read More

Linux Secrets

The first thing that you will notice about Linux Red... Read More

Assertion in Java

Assertion facility is added in J2SE 1.4. In order to... Read More

Microsoft Axapta, Navision or Great Plains: ERP Selection for Large Corporation

If you would like to pick something from Microsoft, or... Read More

Navision Attain Database access via C/ODBC in ASP.NET Application

Navision Software was purchased by Microsoft and now it is... Read More

What To Do When Windows Wont Boot

When Windows fails to boot it is normally caused by... Read More

Great Plains Customization ? Programming Auto-apply in Accounts Receivable

Microsoft Great Plains is one of three Microsoft Business Solutions... Read More

How To Choose A Fire Wall Software Program

In the real world a "fire wall" is a fireproof... Read More

Razzle Dazzle Them

Once upon a time not so long ago, there was... Read More

What is a Document Manager without Version History?

Document Manager and Version HistoryIn previous articles I have discussed... Read More

Free Program Removes Spyware not Detected by Premium Security Scan

What is Spyware?Spyware monitors your surfing habits and sends the... Read More

Linux for Home Users

Hey Guys! Don't raise your eyebrows or fear by hearing... Read More

Recovering Microsoft Great Plains Customization ? Tips for IT Director

Remember nice and prosperous Clinton era? When you implemented innovative... Read More

Microsoft CRM Implementation for Large Corporation ? overview

Microsoft Business Solutions CRM is now approaching the phase of... Read More

Microsoft Navision and Crystal Reports - An Overview

Microsoft Business Solutions ? Navision is an integrated solution for... Read More

Microsoft Great Plains: Annual Enhancement Program ? How To Be Re-Enrolled

Microsoft Business Solutions Great Plains is mid and even corporate... Read More

Software Piracy - Global Increase

Pirated software is on the increase and now accounts for... Read More

Huddle Up; Groupware on Three

It could just be me, but my experiences with document... Read More

MySQL for Beginners ? How to Create a MySQL Database

Whether you are an experienced web programmer or a complete... Read More

Benefits of Integrating Online Chat Software with CRM

Customer Relationship Management (CRM) is a strategy and processes used... Read More

Are You Waiting for Microsoft Longhorn Operating System

I love new technology. I am still ready to wait... Read More

Top Questions to Ask Before Buying a Help Desk & Asset Management Software

#5 All your hardware components like Printers, PCs etc come... Read More

IBM Lotus Domino or Microsoft Exchange?

IBM Lotus Domino or Microsoft Exchange?The severe competition continues for... Read More

Microsoft Great Plains Dynamics on Pervasive SQL.2000 Data Repair ? Overview For DBAs

Some introduction into Great Plains Software products, now Microsoft Business... Read More

Linux vs Windows Operating Systems

With so many Microsoft Windows related viruses, errors, and other... Read More

Linux Dual Boot-How To Format

Just the thought of a duel-boot scares many people away,... Read More

Microsoft Great Plains Accounting/ERP Implementation ? Finance Industry Customization Example

Microsoft Business Solutions Great Plains is very generic accounting application... Read More

Professional Software Icons For Your Standalone Application

User interfaces and accessibility are some of the most important... Read More

Call Alert Notifications - Free Answering Machine Software for PCs

If you're online using a dialup Internet connection, you'll probably... Read More

SSH (SCP) Send Files from Windows to Your Linux Box

Not all of us have the luxury of working both... Read More

Great Plains Dexterity ? Microsoft Great Plains Customization Overview

Microsoft Business Solutions Great Plains, former Great Plains Software Dynamics... Read More

Defining OLAP Solutions and Data Warehouse design

This tutorial covers OLAP solutions used by Data warehouses and... Read More

Intro to UNIX Shells

A UNIX Shell is in simplest terms, a command line... Read More