Accounting for hardware-as-a-service (HaaS): the 3 standards to know
by Zachary Kimball on August 31, 2023
If you’re on the finance team at a hardware-as-a-service (HaaS) company, you probably know the three key accounting requirements you need to pay attention to: leases (ASC 842), rev …
Saving time and money with improved billing for hardware-as-a-service (HaaS)
by Zachary Kimball on August 28, 2023
The best finance teams at hardware-as-a-service (HaaS) companies track everything from a high-level business overview down to the asset-level details. A controller can drill into p …
Examples of successful robots-as-a-service (RaaS) models
by Zachary Kimball on July 31, 2023
The robots-as-a-service (RaaS) market is growing at a rapid pace, widely measured in the billions of dollars and growing rapidly at annual rates of 15–20%. This market boom is bein …
Why is hardware-as-a-service (HaaS) complicated for the finance org?
by Zachary Kimball on July 11, 2023
Finance leaders at hardware-as-a-service (HaaS) companies have complicated jobs, because the business effectively has three separate finance teams. This is partly because the hardw …
The challenges of implementing a hardware-as-a-service (HaaS) model
by Zachary Kimball on June 30, 2023
As hardware-as-a-service (HaaS) becomes more prevalent, we’ve had the opportunity to speak with hundreds of business leaders who’ve invested in many different HaaS business models. …
When does a hardware-as-a-service (HaaS) model make business sense?
by Zachary Kimball on May 23, 2023
As hardware-as-a-service (HaaS) business models see success across a range of industries, equipment manufacturers are catching on to the opportunity that HaaS represents. Finance, …
Business models shaping the future of hardware
by Zachary Kimball on April 25, 2023
Hardware-as-a-service (HaaS) is the future of hardware sales. HaaS models are growing in prevalence and popularity for good reason. HaaS creates recurring revenue, stickier relatio …
What is hardware-as-a-service (HaaS)?
by Zachary Kimball on April 5, 2023
The “as-a-service” model is becoming ever more pervasive, with software-as-a-service (SaaS) serving as the prime example. Now the model is also becoming the future of the equipment …