Problem:
Some customers want to invest in our software without impacting on their cash flow

Solution:
CCL provides us with flexible 'pay-as-you-go' rental agreements

Helping Cognition Solutions add even greater value with flexible financing

Cognition Solutions plc provides complete business information systems to a wide range of contracting, construction, and maintenance companies. Established in 1981, the company is independent and privately owned, and has offices in London, Cheltenham and Manchester. Their product, Intellect - an integrated accounts, costing and management information system - enables companies to collect, analyse and distribute business information effectively across all departments. This means they can handle information more efficiently, control costs, manage resources and monitor how their business is performing at a glance. Cognition also offers a web-enabled version of Intellect, which gives companies and their clients and suppliers remote access to corporate applications and data via the internet.

Cognition has worked with CCL for the last five years. The partnership began when one of Cognition's potential customers was looking for an alternative way to fund their software. Cognition turned to CCL to provide the solution: flexible finance with fixed payments over a long term period. Since then, CCL has provided rental agreements to Cognition customers on a regular basis.

A good working relationship
Sales Director Chris Eccles explains how Cognition's relationship with CCL got off the ground. "We initially began working with CCL because they were extremely efficient. They provided good service and we found them very easy to deal with. The fact they financed software was also essential."

Cashflow benefits for our customers...
After five years of working together, how does Chris sum up the benefits of the partnership? "Being able to offer customers an alternative finance option gives us another tool to add to our business offering. Our customers have the benefit of fixed payments, and can invest in our software without impacting on their cash flow. And as well as the software itself, they can also include many different elements in the finance package such as maintenance and support."

...and for our company
"Working with CCL gives us cashflow benefits too. We know we're going to get paid, and have the benefit of a capital sale. We've also built up a good working relationship with CCL - and we know we can always rely on a quick turnaround."

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