Westcon-Comstor, global technology provider and specialist distributor, has today announced the launch of Flex (Flexible Payment Solutions), an innovative payment service which provides flexible funding for the IT channel.
Over the last decade, the technology industry has undergone a shift from traditional resale models to subscription-based offerings. This shift has allowed digital transformation programmes to become more agile and iterative by providing easier access to the latest technology while reducing pressures on capital.
Up until now, vendors and partners have struggled to offer the subscription services customers have come to expect due to the pressures placed on their own working capital and cashflow. Flex alleviates these concerns by providing an industry-leading range of flexible payment solutions, contracted, and invoiced directly by Westcon-Comstor, without having to go through third party billing agents or brokers. This allows partners and vendors to offer more solutions in their portfolio on a subscription basis, regardless of their billing capabilities or customer budget restrictions.
Forming a central part of Westcon-Comstor’s broader Partner Success approach, Flex is designed to enable long-term, sustainable success, profitability, and relevance in the growing as-a-service world.