1. What can be leased? Will the vendor finance the entire system?
2. Is vendor financing competitive?
3. Are small leases available for on-premise equipment? What is your minimum lease amount?
4. Who will host the Cloud Based System? What are the qualifications of the company hosting the service? Have they done this before?
5. What if the central system crashes, for whatever reason? Is there is a backup plan?
6. What happens when the lease expires? Who owns the Cloud System after the lease expires?
7. What type of lease is appropriate for Cloud Based Systems? Do you offer $1.00 Buyout and FMV leases?
8. May I combine Cloud Computing and Triple Play into a single lease? Do you offer a single, integrated lease?
Answers: Yes; several VoIP and Triple Play vendors, including Mitel, have structured their Service Agreements to maximize the amount Hoteliers can lease.