LAS VEGAS (November 10, 2009) – Delivering on its belief that organizations want complete control over how they acquire, deploy, and manage their solutions, Kronos® Incorporated now offers a rent-to-own purchasing option.
News Facts

* With the rent-to-own option, organizations can minimize up-front costs by paying for their solution with fixed monthly payments rather than an initial capital investment.
* Within the first 24 months of the rental, customers have the option to purchase their solution outright for a fixed price and have a portion of their rental payments credited toward the purchase. If they choose not to exercise the buy option, they can continue to rent the solution as long as they wish.
* Technology can be deployed on-site or in a Kronos data center.
* Rent-to-own is the latest addition to Kronos’ portfolio of purchasing options which also includes purchasing a perpetual license, leasing, or subscribing on a monthly basis.
* The rent-to-own purchasing option is available for all Workforce Central® products.

Supporting Quotes

* Jim Kizielewicz, senior vice president and chief marketing officer, Kronos
“Rent-to-own is another example of Kronos making its solutions easy to buy and easy to own. Our goal is to enable organizations to have complete control over how they acquire their Kronos solutions, and we offer more flexible purchasing options than anyone else in our industry.”

Supporting Resources

* This announcement was made from KronosWorks(TM), the industry’s largest venue for exchanging ideas on how to effectively manage the workforce. KronosWorks is taking place this week in Las Vegas.

Source: Kronos