By: Mitch Leahy, GreatAmerica: Monthly recurring revenue is a predictable and reliable source of income which you accrue when you sell your products, services, and more on a monthly payment plan. There are a variety of methods to achieve it, including subscriptions, leases and Hardware as a Service contracts, but the end goal is the same: monthly recurring revenue that is more consistent, predictable and valuable. 
As a business in the office imaging space, you’re probably very familiar with selling a payment; hardware and services as separate obligations or bundled payments combining the two.
Not surprisingly, your customers are familiar and expect monthly payment options specific to their multi-function printers. They appreciate how it makes it easier for them to budget and more cost effective to refresh the solution down the road.
Click Here to Read the Rest
SOURCE GreatAmerica
