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Novatech can provide efficient funding options for all IT equipment and its maintenance that not only spreads capital costs across manageable periods but also reduces unplanned expenses.

We can help you manage the lifecycle of your hardware, to plan when equipment will need to be upgraded or replaced and to ensure minimum disruption.

Novatech Finance offers flexible payment plans allowing you to purchase the technology you require without having to succumb to budget or cash flow constraints. We operate a bespoke approach to the manufacture and supply of their own IT products and this now extends to funding and financing too.

Novatech's Top Tips for saving money on ICT

1. Strategy & Planning

Make a detailed plan and calendar of what equipment you will need and when. Most schools refresh a lot of equipment every three years, but this is not always the most cost-effective use of budgets - savings can be negotiated with suppliers if you can show them a long-term purchasing plan.

2. Know the real cost

The price of the actual hardware is only part of the cost. What does each machine cost in power use, extended warranties, support, external and internal maintenance, staff wages and upgrades? Cheap products can be more expensive when factoring all the other areas.

3. Buy direct & buy local

Go direct to a UK manufacturer who will always be able to offer bigger discounts and better warranties and support than any middle men or purchasing contractor. Most are members of approved purchasing frameworks and their components are identical to big brand name suppliers'. You're far more important to a local company than a foreign giant so they will go to greater lengths to look after you. We would say this wouldn't we, but it's true.

4. Question why you use a middleman

What do you really get from a specialist purchasing company and do the perceived discounts really add up as a long-term advantage? Middle men work on small margins and are unlikely to be able to offer the comprehensive and reliable support of a UK manufacturer.

5. Invest in infrastructure

The expert consensus is that Wi-Fi is the future and your networks will need to be strong to cope with so many mobile devices. A robust system that can handle multiple logons and heavy video-streaming loads is a must. This does open opportunities to reduce cabling and other hardware costs with parental contributions and grants for 'a device for every child' projects.

6. Finance & leasing

Why buy machines outright? Schools have perfect credit rating and huge savings can be made by leasing or even renting hardware. Manufacturers like Novatech now offer machines on a monthly payment plan that includes comprehensive warranties and support - Hardware can be factored as a monthly cost rather than a capital cost.

7. Collaborative and Federation buying

Buying in bulk increases discounts and by teaming up with other schools in clusters, as a group of secondary feeder schools or as informal federations gives radically increased purchasing power. If you're not sure who you could team with, Novatech can help - they don't have to be local - other faith schools or members of education trusts can benefit from collaborative purchasing.

8. Refresh

You don't buy a new car if all it needs is an oil change and new brake pads. Think the same with PCs. Would a new graphics card or motherboard extend the useful life of your hardware?

9. Bespoke machines

Think what the machines will be used for - do all your machines need huge memory space, high-def screens and high-powered graphics cards? Manufacturers like Novatech can build bespoke machines that cut out unnecessary components to reduce unit cost.

10. Harness technology changes

The new generation of hardware has energy reduction technologies that can reduce power consumption by up to a third. Utilise energy saving software to ensure idle machines are powered down automatically and laptop charging trolleys don't run unnecessarily.

Save me money

One of the main reasons that so many schools and businesses rely on Novatech is because we proactively help them to save money. It's not just about supplying cheap machines (although we can do that too), but about helping them to get the most out of tight budgets and to consider other influences on the long-term costs of running their ICT infrastructure.

The first step is to contact your account manager, who can arrange a review of your current and long-term needs and to match them with the most cost-effective solutions.

The Benefits:
  • A finance planned to match your cash flow.
  • The technology you need to beat your competitors.
  • Tax efficient - all rentals are fully allowable against Corporation Tax.
  • Our Refresh Option - Novatech offers customers the ability to upgrade to higher specification solutions during the term of an agreement.
  • Relieve your establishment of the disposal costs of obsolescent equipment. (get rid of old IT for free)

The Agreements:
  • Make the most of your budget by spreading out the cost - Rental terms normally between 1 and 5 years.
  • Choose a payment profile to suit your cash flow.
  • Payments are fixed throughout the term (excluding taxation changes).
  • No initial deposit is required on most agreements.
  • Agreements are simple and easy to understand.

Novatech Finance can fund:
  • IT Hardware, Software, installation and provisioning costs.
  • On-going maintenance costs can be collected, making a single payment profile (payments would not be fixed throughout the term in this case).
  • We are also willing to look at funding to facilitate much wider aspects of a project, even if some of the equipment does not come from Novatech Ltd.
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Call us on 023 9232 2700 mon-fri 8:30am - 5:30pm
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