Established in 1986, Scholten Collins McKissock is one of Australia’s leading diversified wealth management firms. Based in Melbourne, the company specialises in superannuation advice, tax and accounting, lending, retirement and estate planning, business planning, wealth management, and more.
Challenge
As with any proactive, forward-thinking business, Scholten Collins McKissock is acutely aware of the importance of keeping their IT systems up-to-date with the latest equipment and technology.
However, the company was keen to avoid spending large amounts of capital on assets that quickly become out-dated and even obsolete. As such, they were seeking an opex solution that would preserve cash flow and enable ongoing access to new technology.
Solution
Thanks to a long-standing partnership with Scholten Collins McKissock, Northquest was ideally placed to propose and implement the right solution for the firm.
Northquest assessed the company’s technology position and put together a 3-year rental funding solution to enable Scholten Collins McKissock to update their IT systems.
What’s more, the solution aligned with the life cycle of the assets. At the end of the term, the business simply returns the old assets and replaces them with the latest technology.
Outcome
Northquest’s flexible and affordable 3-year rental funding solution enables Scholten Collins McKissock to stay ahead with the latest IT systems and infrastructure.
Not only does this mean efficiency and productivity gains across the organisation, it also preserves valuable cash flow to be invested into other areas of the business.
