Dental Financing Insights

Software Financing Considerations

Software Financing Considerations

4/14/2017

ERP Software Upgrades Minimize the Impact on Cash Flow During Long Implementation Period 


For dental practices, keeping technology current requires a large commitment that can be challenging. Software systems, in particular, pose a challenge for practices due to the large, upfront costs and maintenance requirements. However, keeping pace with technological advances is critical in business today.

By designing a funding solution that addresses the short-term budget constraints caused by a long and often costly implementation process, a new software system can be an affordable investment to enhance a practice's internal operations.

A modernized software system enables many advantages:

  • Improved communications and reporting 
  • Automation of routine tasks 
  • Increased processing speed
  • Reduced reliance on paper-based information 
  • Improved reliability + reduced ongoing maintenance issues 
  • Cloud-based mobility + accessibility


Budgeting Challenges 

Did you know that you could finance the large, upfront and unpredictable costs for new software system implementations into fixed, predictable monthly payments that are spread out over time? This scenario means that you will encounter fewer surprises in your budget and show better cash flow overall.

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