TD SYNNEX and CF Corporate launch Flexscription to provide flexible end of contract finance options

By Simon Meredith | 8th December 2022

Allows customers to invest in the technology solutions they need without having to commit to up-front capital spending while providing clearly visible end-of-contract options from the outset

Basingstoke, 08 December 2022 –TD SYNNEX (NYSE: SNX) has launched Flexscription – an exciting new finance offer that enables partners to offer customers a flexible way to fund investment in new technology solutions without having to find up-front capital and with a flexible set of options at the end of the agreement period.

The Flexscription service has been developed in collaboration with CF Corporate Finance and is available through TD SYNNEX’s Tech-as-a-Service platform. It differs from other finance or leasing options in that, as well as allowing customers to invest in new technology solutions right away, it provides several options for the end of the agreement.

Customers can either return the equipment, roll it on at the same rate, extend for 12 or 24 months, or make a one-off final fee and have indefinite use of the equipment. All options are embedded into the agreement and are set out clearly at the start.

Alix Clements, business manager – B2B value added services, TD SYNNEX, said: “With the tightening economic situation and some uncertain months ahead, Flexscription is arriving at just the right time. A lot of end user customers are looking for new and cost-efficient ways to fund the purchase of new IT solutions. With Flexscription it’s really easy for partners to give them the kind of open flexibility they are seeking. It’s really easy to quote for a Flexscription and to process the order via TaaS.”

Having a great set of flexible options at the end of the contract period is important, he noted, as it’s often one of the main concerns customers have about financing IT purchases. “No-one has a crystal ball and businesses don’t know what position they will be in financially in two or three years’ time. They won’t want to find themselves having to deal with higher charges if they continue to finance equipment, or an unrealistic cost to purchase it outright. Flexscription removes any ambiguity and gives them clear options, written into the contract from day one. It’s a no-risk option for them, which will make it even easier for partners to sell.”

Mike Yiannakou, director, CF Corporate Finance, added: ‘We’ve worked closely with TD SYNNEX to develop Flexscription and by offering clear end-of-contract options, we’re giving the customer greater reassurance and taking the risk out of financing hardware. We’ll be working with the TD SYNNEX team to offer reseller partners all the support and guidance they need in communicating the benefits and quoting for Flexscription contracts.”

TD SYNNEX’s TaaS proposition is already a popular one with both public and private sector organisations. Through TaaS, partners can offer customers any combination of hardware, software and services on a subscription basis.


Share this