The Customer:

Subsidiary of leading US defense contractor that provides IT products and services.

The Challenge:

Manage their fluctuating and constant need for the latest IT technology was an increasing challenge. The company needed the ability to order on demand under a fixed cost lease structure as well as be able to allocate costs to specific end users under the program.

Going beyond finance:

Somerset’s team was able to structure a quarterly lease line program with fixed lease rates that allowed the client to order a broad range of individual units direct from the manufacturer. This program provided the customer with the ability to consolidate orders over the calendar quarter and still provide line item pricing to bill back to their individual users. It allows the company to stay current with the latest required technology to help support the government programs and contracts it is servicing while managing required budgets.

Quarterly IT lease line
The ability to bill line item pricing to end users
Flexibility to order a broad range of asset direct
Sustain cutting edge technologies within budget requirements

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