New i-PRO FlexPay Financing Offers a Path to Security System Ownership, Reduces Future Debt
Deferred payments, step or flex payments, and multi-vendor bundling help organizations stay current with security technology
i-PRO Americas Inc., a global leader in professional security solutions for surveillance and public safety, has introduced i-PRO FlexPay Financing. The new program helps organizations of any size stay current with security technology and on budget, while providing a path to ownership without disrupting the procurement process. Offering flexible options, it’s the industry’s first financing program to enable customers to purchase a range of 3rd party hardware, software and services as a bundle.
“New AI analytics technology is critical to strengthening physical security and situational awareness,” said Bill Brennan, CEO, i-PRO Americas, Inc. “As a responsible vendor we’re committed to helping organizations build the best possible solutions for their specific needs -- with products from i-PRO along with other providers -- and fit into their available funding levels and schedules. We believe that giving people more options help them make better competitive evaluations and procurement decisions. We know it gives them better return on investment than proprietary models over the long term.”
i-PRO's FlexPay Financing aims to help organizations access the best security technology available. It cuts up-front acquisition costs, gives organizations a path to ownership and reduces their future debt. Payment options include:
Deferred payments. Initial payments may be deferred for 60, 90, 120, 180 days, or up to one year to accommodate the annual budget cycle of any type of organization.
STEP or FLEX payments. These options allow for lower payments in the early term or flex payments to match revenue flow. For example, a rural county may need to modernize the security camera system for its jail and courts projected to cost more than $300,000. The county auditor can certify only $75K for the fiscal year, but forecasts fluctuating revenue collections for the next few years. With i-PRO FLEX payments, the county could match payments to cash flow projections and proceed with adjustable annual payments.
Everything-as-a-bundle. Customers can purchase i-PRO products along with third-party products and services as a single solution bundle, with monthly, quarterly or annual invoice options.
While i-PRO FlexPay Financing is an end-user program, it also benefits i-PRO integration and distribution partners, as they are paid for the full amount of the customer purchase up front.
i-PRO offers tools to simplify the process of preparing requests for proposals (RFPs) with its FlexPay Financing. This informational page includes getting-started guidance for procurement officers, while the i-PRO EZ-2 Portal provides FlexPay monthly payments for individual product SKUs as well as an i-PRO FlexPay calculator tool to provide Rough Order of Magnitude (ROM) estimates for preliminary budgetary planning for reseller partners and key integrators.