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Prepare your employees for hybrid working with IT leasing

June 22, 2021/0 Comments/in Blog/by Jess Wells-Flint

For most of 2020, businesses at home and abroad had to adapt. Resulting in employees being forced to work remotely due to the COVID-19 Pandemic. Consequently, this has created unexpected costs for companies, with a huge demand for laptops and other IT equipment. As office workers return to work, many businesses are introducing hybrid working to bring the workforce back slowly and safely. Therefore, many businesses have been considering leasing their IT equipment in these unprecedented times.

Adopting this hybrid model, however, comes with its own challenges. With staff demanding greater flexibility, this blog explores how preparation is also key when introducing this hybrid model to the workplace.

According to Deloitte, due to an increase in people working from home, cybercriminals have been able to update their tactics. This has made working from home a gateway to new forms of data theft. And this is why cyber-security measures are crucial.

Firstly, what are the most common cyber-security threats?

  • Employees using their personal devices for work puts the company in a vulnerable position for security breaches. This is because personal devices may not have sufficient security tools in order to secure data from hackers.
  • Another threat that companies and employees should look out for is phishing scams. This is where cyber-criminals send valid-looking emails to employees that contain links and attachments that, if clicked on, could pose massive security risks for the company.

So, what are the solutions to these potential threats?

Making sure your employees are fully equipped with the latest and most secure technology is easy. We are happy to recommend some of our trusted suppliers – who we’ve worked with for a number of years.

For new start-ups as well as existing businesses, laptops are essential for a hybrid form of work and support remote working. Leasing laptops with WestWon is a cost-effective way of spreading the cost.

Laptops are portable and certain models are just as powerful as desktop computers. Our strong connections with funders and suppliers mean our customers can lease laptops quickly; decisions are usually made within 24 working hours and we have a 95% acceptance rate. If you’d like to know more, please visit our FAQ section.

Implementing Security ‘Best Practice’

The most common security breaches are human-made, often, insecure passwords coupled with little guidance on IT security are the cause of data breaches. To decrease the chance of your company facing security breaches, it’s important to train your employees. Educate them about phishing scams and make sure they practice good password hygiene.

A few other measures to avoid security threats include the following:
  • Utilising cloud applications to improve collaboration
  • Setting up two-factor authentication
  • Using a virtual private network (VPN)
  • Implementing effective password management – passwordgenerator.net is a great tool to create difficult passwords
  • Regularly updating your software

Another important thing to consider when implementing this hybrid method of working is the mental well-being of your employees. Especially coming out of the pandemic, there should be a greater focus on mental health. Support your employees by:

  • Providing therapy sessions and stress management tips and courses
  • The CIPD has a guide for supporting mental health during COVID-19

Here at WestWon, we provide IT leasing through accredited distributors who can provide you with the information you need to protect your business.

Call us today on 01494 611 456 to discuss your IT needs.

https://westwon.co.uk/wp-content/uploads/2021/06/IT-leasing-scaled.jpg 1125 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2021-06-22 14:21:392021-07-28 16:31:36Prepare your employees for hybrid working with IT leasing

Siemens Financial Services scoops three awards at WestWon Kick Start Event

June 8, 2021/0 Comments/in Uncategorized/by Jess Wells-Flint

WestWon CEO Jeremy Hall said “On behalf of the WestWon and WestWon Leasemaster team, we’d like to pass our congratulations to Siemens Financial Services for scooping three of the five awards.

Westwon’s yearly ‘Kick Start Meeting’ sadly did not take place on January 4th due to Covid restrictions and even when we did manage to hold the Kick Start event, it was in the virtual world as opposed to us descending onto a local conference centre for the day.

This event is an important part of our yearly calendar, setting the scene for the coming year. Along with most other companies, the agenda this year was slightly different. One new section that we launched was our ‘Funder Awards.’

Five awards were given out:

  • Key Funder for 2020.
  • Biggest funder by number of deals written.
  • Biggest funder by volume of business (this is the £’s value of leasing we did).
  • Rising star award (which funder has made the biggest advances with our company in 2020).
  • Most helpful individual at a funder.

Our Key Funder award

With the ‘Key Funder’ award, we rated our funders on eight separate criteria such as speed of underwriting, pricing, quality of service, documentation and admin fees, electronic documentation etc. We applied a weighting to each of these criteria to give an overall score. Siemens Financial Services came first.

When looking at our ‘Biggest Funder by Number of Deals Written’ award, this was a much easier process to work out first, second and third place. Again, Siemens won. It illustrates that more business will go to a funder that services our customers, suppliers and our needs best.

During 2020, we wrote business with 31 separate funders out of a panel of fifty plus finance companies we can deal with. We worked out, that we spoke to / liaised with 101 different people at these 31 funders in the year. Our team then voted on the ‘Most Helpful Individual at a Funder’ in 2020. Whilst we feel it not appropriate to say who he or she is (just in case this person is poached by anther funder!) However, we can confirm this individual does again work for Siemens Financial Services.

We would like to emphasise that all of our funders are very important to us. We are lucky to have a very diverse funding panel offering funding for a range of assets and businesses. WestWon trust and hope that the relationship we have with all their employees is positive and friendly. Therefore, we applaud Siemens. And we would also like to say thank you to all the companies and individuals that we speak to and work with and thank them for being an important part of our business.

On a final note, I suppose the key question will be ‘who will win these awards in 2021?”

https://westwon.co.uk/wp-content/uploads/2021/06/Trophy-scaled.jpg 1000 1500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2021-06-08 11:00:472021-07-28 14:38:52Siemens Financial Services scoops three awards at WestWon Kick Start Event

We are proud to be working with a true British engineering success story…

June 2, 2021/0 Comments/in Blog, Lease Deal, Software/by Jess Wells-Flint

WestWon are proud to be working with Briggs Automotive Company

Briggs Automotive Company (BAC) (www.bac-mono.com) are a truly unique British engineering success story hand building the world’s first single-seater, road legal supercars: the BAC Mono and BAC Mono R. These supercars look, sound and feel amazing. BAC was founded in 2009 by brothers Neill and Ian Briggs, with the BAC Mono being launched in 2011. Their modest yearly production run of around 40 cars. This means there will always be a waiting list of high-net-worth individuals looking to purchase one.

Using Computer Aided Design

Much of the design work is undertaken using computer aided design (CAD) software, supplied by one of the UK’s largest CAD suppliers. Whilst some engineering companies pay cash upfront for these software licences, many other companies decide to lease and spread the cost over three years. WestWon have arranged a lease for BAC’s CAD software and are proud to have them onboard as a client.

Hear from the directors themselves

Jeremy Hall, CEO of WestWon commented: “All clients are important to us and we work with a wide range of end-user companies across the UK from many different business sectors. We are proud to help fuel investment via leasing facilities into our economy.

“One of our clients is Briggs Automotive Company, who have designed, developed, and now manufacture a unique road-legal supercar that has the look and feel of an F1 racing car.  Over 95% of the suppliers they use are based in the UK. Take a look at their website and you will see how great they look.”

Speaking on behalf of BAC, Ian Briggs added: “Setting up an engineering company from scratch is a capital-intensive project. Funding does come in from numerous sources. One of these finance sources is WestWon, who have arranged the leasing of our CAD licence fees over three years. This helps spread the payments. In effect, we are paying for the software as we use it opposed to tying up valuable capital in fixed assets.”

Contact Us

WestWon leases CAD software to hundreds of architects, civil engineers, engineering and construction companies. It is an important part of our business. Please call us if you are looking to finance CAD software in your company.

Likewise, if you are looking for fun and a great investment, give BAC a call and take a test drive in their single seater sports car. Please do not forget, we can lease these cars to you as well!

Please note, all pictures are the property of Briggs Automotive Company (BAC). WestWon will not receive any introductory commission should you wish to purchase a car.

https://westwon.co.uk/wp-content/uploads/2021/05/BP4A7109-3.jpg 201 500 Jess Wells-Flint https://westwon.co.uk/wp-content/uploads/2016/06/WestWon-Colour-300x94.png Jess Wells-Flint2021-06-02 10:11:242022-04-08 09:26:51We are proud to be working with a true British engineering success story…

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The Financial Conduct Authority (FCA) regulates financial services in the UK and you can check this on the Consumer Credit Register by visiting the FCA’s website here or by contacting the FCA on 0800 111 6768. WestWon Limited is a credit broker and not a lender. WestWon companies deals with a range of lenders. All WestWon companies hold a current Data Protection Licence and are registered for VAT. These details, together with our policy on Treating Customers Fairly, Complaints Policy and address details are held under our Get in Touch page.
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