Hardfin guide to
Hardware financial operations
Effective hardware-as-a-service (HaaS) businesses drive eight core operational areas
1. Solution definition
Define equipment, software, services, and bundles
2. Subscription plans
Develop pricing plans and manage subscriptions
3. Asset tracking
Track individual assets and activity in the field
4. Billing
Send invoices and reconcile payments
5. Accounting
Automate complex accounting for hardware subscriptions
6. Funding
Connect to a funding facility to cover cost of goods up front
7. Business reporting
Report on analytics for hardware subscriptions
8. Integrations
Keep business systems connected to ensure consistent data
1. Solution definition
2. Subscription plans
4. Billing
- Saving time and money with improved billing for hardware-as-a-service (HaaS)
- The most important metric for hardware-as-a-service (HaaS) billing: average days to send (ADS)
- When average days to collect (ADC) matters for hardware companies
- Finance KPIs for hardware-as-a-service billing and collections
- How to manage contract terms with staggered hardware deployments
