3 Financial Benefits of Mobility-as-a-Service (MaaS)
With the professional landscape moving more toward remote workforces, traveling employees, and tech-centric communication and operations, enterprise mobility is becoming more and more popular. But companies are starting to notice that a lot of time and money goes into researching and purchasing devices, rolling them out, and providing support for users. It’s a strain on their internal teams as well as their finances.
Enterprise mobility-as-a-service (MaaS) makes financial sense in several ways. Here are four monetary benefits immediately recognized when companies implement MaaS programs.
1. Streamlined Labor Expenses
Internal IT teams are typically made up of extremely intelligent tech gurus who can work magic on a broad range of initiatives. They’re continuously putting out fires, training employees, and finding, developing, and implementing new programs and policies for the organization.
But no matter how good an IT team is, a full-scale enterprise mobility management program is extremely complex and time-consuming. With all of the other priorities the company has, using in-house staff to not only roll out but also continuously monitor and maintain mobile devices for the workforce is a significant chunk of the labor-hour pie.
MaaS gives the IT team a break so that they can focus on high-priority, revenue-generating initiatives. Outsourcing support services and freeing up internal personnel to work on strategic projects can save a company 30–50 percent over the cost of managing in-house.
A team of experts who are highly specialized in all aspects of enterprise mobility management takes on the responsibility of researching solutions, obtaining, deploying, and configuring the devices, providing support to employees and handling all maintenance, repairs, and replacements.
2. Predictable Costs
Purchasing technology is expensive. Devices, software, maintenance, and labor hours can be a huge investment, not to mention the expense of repairs and replacements. But MaaS programs are designed specifically to keep costs low and predictable by financing new equipment every few years and packaging all enterprise mobility management services that a company needs into one monthly payment. This means no extra surprise fees, creeping add-on costs, or repeated, unexpected maintenance expenses.
In addition, MaaS helps companies avoid having to plan for large capital spends for mobility equipment as the devices fail or become obsolete over time. The hardware would always be fairly up-to-date with a MaaS program, freeing up the budget for more strategic spends like infrastructure updates, marketing, and others.
MaaS also protects against uncertain inflation increases and rising interest rates, keeping monthly payments clear and predictable.
3. Net Present Value
Speaking of inflation and interest rates, thanks to those, money spent or received in the future will not be worth as much as it is today. Organizations should be spending money on strategic investments. Investing money today in strategic outcomes, and paying for non-strategic assets and programs (such as enterprise mobility devices) over time, generally is a better use of money.
For example, a company looks at the cost of purchasing X number of tablets for customer-facing employees vs. the cost of leasing the devices. Being able to align the lease term with the estimated lifespan of the tablets means that the company is locked into a payment (which will not fluctuate with interest or inflation) when their money is at its highest value (right now) for the term of the lease, and then gets brand new devices. That frees up the immediate capital for strategic investments while paying for the devices over time.
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