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
- What is hardware-as-a-service (HaaS)?
- Defining effective solutions for hardware-as-a-service
- When does a hardware-as-a-service (HaaS) model make business sense?
- Examples of successful robots-as-a-service (RaaS) business models
- Hardware-as-a-service (HaaS) bundles to drive sales and profitability
- Unlocking revenue: Why MSPs should offer hardware-as-a-service
2. Subscription plans
- Business models shaping the future of hardware
- Developing hardware-as-a-service (HaaS) pricing plans
- How to structure a HaaS contract for recurring revenue
- A subscription hardware provider’s guide to HaaS agreements
- Essential clauses for a hardware-as-a-service (HaaS) contract
- From managed services to hardware-as-a-service: The MSP journey
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
- Why modern billing software is needed for hardware-as-a-service
- The complexity of sales tax for hardware-as-a-service (HaaS)
