February 2nd 2021

THE BENEFITS OF LONGER CONTRACTS

Long contracts are sometimes met with stigma depending on the product or service. We wanted to share with you 5 benefits to longer contracts that you might not have thought about, that save you time and provide your business security.

1. Time Factor

For most businesses there’s never enough hours in the day. Growth is desired by most SME’s and it’s a white-knuckle rollercoaster ride to get there! So, getting close to your contract end date and having to explore solutions is the last thing you want to be spending your time on. Literally days can be spent researching businesses, solutions, going to tender and that’s even before it’s all installed and having to rip out one phone system to replace with another. 

A longer contract gives you that stability and dependency that once it’s all setup and installed, that’s done for a reasonable amount of time before you have to think about it again.

2. Increased Security

Businesses of all sizes are keen to know their operating costs, so they know exactly how much they are paying each month.  A longer contract means businesses can budget better and manage finances, so they know how much money they have left over for other operational expenditure.

Communication is the most important part of a business and is always the number one priority. A long contract gives you the reassurance that the supplier of your communication system isn’t going anywhere. 

3. Stronger partnerships

A longer contract means a stronger relationship with your provider. Relating back to 2020, the year most people want to forget, it was imperative to make sure you were with a provider who cared about your business.

2020 was an unprecedented time where most businesses across the UK had to switch to remote working in a flash. This shows the value in a strong partnership and a business with caring ethics.

4. Adoption of innovative technology

A longer contract isn’t a negative when it’s matched with cutting edge technology and leading suppliers. At Lily, we are the Home of Digital Transformation, we always sell innovative solutions and are always at the forefront when technology changes, because of our relationships with our key partners.

5. Getting to know your product and service

Doesn’t it feel good when you know how to use something? A longer contract means that you get to know the product and all of it’s features. Also, the solution is built for your ever-growing needs.

Hopefully, these tips have helped you re-think longer contracts. Here at Lily, we can help to innovate your technology and to see if we can identify any cost savings; simply get in touch to find out more.

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