see attached document
MFP Copier Blog
If Today Is Your Birthday (Manute Bol)
MSP, MSSP & IT Industry Notes for October 15th, 2023
MSP, MSSP & IT Industry Notes
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Why partnering with ARCOA makes sense
Electronics Recycling is an important and profitable part of the IT asset lifecycle, but it can be overwhelming with all you already do, varying state regulations, and the limited resources at hand. That’s where ARCOA comes in. When you partner with ARCOA, you get all the benefits of a big company without any of the capital investment. We’ve been doing this since 1989 and have the expertise, certifications, and nationwide resources to get the most for all your clients’ retired IT assets. Plus, positioning your clients as environmental stewards not only elevates their appeal to consumers, it meets government requirements and avoids fines.
What partnering with ARCOA looks like
Our role is to make it easy for you to bring more value to your clients. We work with you to help stretch your clients’ IT budget by reducing the total cost of ownership of their electronics. We’re experts at identifying and implementing the solutions your clients need for the end-of-use remarketing, recovery, and recycling of their technology assets. The sooner you involve ARCOA, the sooner you and your client.
- announced a significant update to its services portfolio
- Spinnaker Shield, Spinnaker Intelligence, Spinnaker Link
- Spinnaker Support provide an extensive services portfolio of third-party support, managed services, consulting, and state-of-the-art security to optimize clients’ software ecosystems
CGI expands its presence in Miami with acquisition of Momentum Consulting Corp.
- announced the acquisition of Momentum Consulting Corp., a Miami-based IT and business consulting firm specializing in digital transformation, data analytics and managed services
- strengthens CGI's position in the key U.S. growth market of Miami
- Momentum Consulting Corp., a Florida-approved vendor and minority-owned business founded in 2002, brings more than 175 highly skilled consultants to CGI
Mythics Wins 2023 Oracle North America Cloud Technology Partner Award
- won the 2023 Oracle North America Cloud Technology Partner Award
- annual Oracle Partner Awards celebrate partners that have shown exceptional innovation, entrepreneurial success, and dedication to customer
- won this award for the business impact of its Cloud Migration Platform
- The federal government published new HIPAA fine regulations:
- Minimum fine is now $187 per instance
- Maximum fine is now $2,067,813 for penalty year cap
- The FBI sent out a published warning to the healthcare industry in the USA about new ransomware attacks that can lead to destruction of all PHI for victims
- Cascade Family Dental Clinics of Washington notified an over 2,500 number of patients that their PHI was exposed after hackers stole 130GB of data from network
- Garn Mason Orthodontics of Arizona notified an unknown number of patients that their PHI was exposed after ransomware attack
- GI Medical Services of New York notified an unknown number of patients that their PHI was exposed after ransomware attack.
- Community First Medical Center of Chicago, IL notified 216,047 patients that their PHI was exposed after ransomware attack.
- MNGI Digestive Health of Minnesota notified an unknown number of patients that their PHI was exposed after ransomware attack
- Pain Care Specialists of Oregon notified an unknown number of patients that their PHI was exposed after ransomware attack.
- Eastern Connecticut Health Network notified an unknown number of patients that their PHI was exposed after ransomware attack
- Mount Graham Regional Medical Center of Safford, Arizona, notified unknown number of patients that their PHI was exposed after ransomware attack
- McLaren Health of Michigan notified 2.5 million patients that their PHI was exposed after ALPHV/BlackCat ransomware attack.
- Brooklyn Premier Orthopedics of New York notified an unknown number of patients that their PHI was exposed after 126GB of data was stolen by ransomware gang
- Faquier County Public School District of Virginia notified an unknown number of students that their info may have been exposed after ransomware attack
- Hinds County government in Jackson, Mississippi admitted it paid hackers a $300,000 ransom to gain control of its network, where ransomware exposed the info on an unknown number of citizens
- Rock County government of Wisconsin notified an unknown number of citizens that their info was exposed after ransomware attack
- Cleveland Clinic Mercy Hospital of Ohio stated that it had a “internal hardware failure” which caused a network disruption this past week
- LA Care of California agreed to pay $1.3 million to settle allegations of negligence after a breach that exposed PHI of 2.7 million patients
- Blackbaud agreed to pay $49.5 million to settle HIPAA lawsuit that impact patients in all 50 states after a huge data breach
- 23andMe may be forced to notify a large number of its DNA testing customers after a ransomware attack
- Facebook had its own account hacked and fake headlines were posted
- MGM Resorts and Casinos in Las Vegas claim that unlike Caesars, they did NOT pay ransom to the hackers. However, getting system back up and running cost $110 million
- St. Peter’s Health of Montana notified an unknown number of patients that their PHI may have been exposed by a former consultant
- CarePointe ENT of Indiana was sued by the state alleging negligence after a breach exposed the PHI of 45,000 patients
ecoprintQ to now also offer Print Tracker Pro
ecoprintQ is best known as one of two distributors of Papercut solutions
- now also offering Print Tracker Pro to its dealers
- cloud-based solution gathers printer/MFP device description and:
- IP address
- Serial number
- Device location
- Page count
- Toner levels
- Service alerts
- Claims it can also collect page counts from local USB connected devices
SutiSoft Introduces its eSignature Platform to Redefine the Enterprises' Contract Creation ...
- announces their eSignature platform
- platform is configurable with greater flexibility, enabling everyone to create, sign, and store documents securely from a single interface
- three core components
- Contract Lifecycle Management
- eSignature Solution
- Document Management Solution
Lock in on Cyber Security with ARCOA
- ARCOA, data security is a critical part of what we do
- every item received, we adhere to NIST 800-88 procedures
- strict protocols to overwrite information render all data permanently removed and unrecoverable
Konica Minolta Named to MSSP Alert’s 2023 List of Top 250 MSSPs
- announced it ranks among the Top 250 MSSPs for 2023, according to MSSP Alert, a CyberRisk Alliance resource
- The 2023 Top 250 reported 2022 revenue about 47 million
- Honorees from 23 different countries
- 87% of MSSPs surveyed expect to be profitable for fiscal year 2023
- 67% have in-house SOCs, 23% are hybrid, 8% completely outsource their SOCs, and 1% are reevaluating their SOC strategies
- most frequent attacks targeting MSSP customers in 2023 include phishing (95%), vulnerability exploits (91%) and ransomware (86%)
- Larger MSSPs were more likely to run their SOC entirely in-house (85%)
- larger MSSPs (90%) provided 24/7 security event monitoring and response for threat detection use cases on their own
Document Management System Market revenue to exceed USD 42.22 Billion by 2035, says ...
- slated to expand at ~ 14.9% CAGR between 2023 and 2035
- poised to garner a revenue of USD 42.22 billion by the end of 2035, up from a revenue of ~USD 7.14 billion in the year 2022
- Around 92% of businesses are currently involved in initiatives and according to 88% of senior business leaders digitalization is a key priority
O'Brien Communications Group Signs Rhodian Group
- O’Brien Communications Group (OCG), a B2B brand-management and marketing-communication firm, signed Rhodian Group
- Rhodian is a provider of managed IT, support, cybersecurity, and compliance services
- as a client, effective October 1, 2023
ClearDATA's CSPM Software, CyberHealth™ Platform, Now
- announced that its healthcare-native cloud security posture management (CSPM) solution, the CyberHealth™ Platform, will be available this quarter as a Software as a Service (SaaS)
- ClearDATA is the only provider of cloud security and compliance software and services purpose-built for healthcare, enabled by the powerful CyberHealth™ Platform
Zyston Announces Blue Lava Acquisition
- announce its acquisition of Blue Lava, a Security Program Management SaaS solution designed collaboratively with the CISO community
- acquisition of Blue Lava marks a strategic move to further enhance its Cybersecurity Performance Management (CPM) offering by integrating Blue Lava’s capabilities into Zyston’s industry leading CyberCAST security program maturity software
Printers/MFPs may be unprotected endpoints
- report published by Forrestar Consulting
- 72% of companies have hybrid working model
- 75% say shift to remote work has magnified IT security issues
- 60% have issues with managing security on remote endpoints
- 55% struggle managing firmware on remote devices
- 42% schedule firmware updates annually
- 50% say they have inadequate solution to manage security on remote devices
- 54% admit that encrypting hard drives is insufficient
This Week in the Copier Industry 15 Years Ago
This Week in Copiers Fifteen Years Ago
Third Week of October 2008
Real Copier Sales
For 10 million clicks per month, it might be worth some investigating and I would start with what Duplo calls the Graphic Wizard or what Riso used to sell as the PS8050. I don't know who the manufacturer is. It is an inkjet device that attaches to the end of whatever printing device and applies limited variable data to whatever the device outputs. Good for envelopes, numbering of NCR, or marketing messages and operates at up to 6,000 pieces per hour. You can also add scoring or perforating
Enjoy These awesome copiers threads from 15 Years Ago
Konica Minolta Launches Sleek and Quiet bizhub C20 Series of All-in-One Printers
Konica Minolta New Offerings at Graph Expo '08
RICOH�S DOCUMENTMALL SOLUTION PROVIDES DOCUMENT SECURITY AND ORGANIZATION FOR SALESFO
CANON INTRODUCES NEW 24-inch S-SERIES LARGE FORMAT PRINTER
Ricoh Announces New Universal Print Driver
Xerox to Cut 3,000 Jobs Amid `Unpredictable' Economy
Copier & MFP Sales Tips
Re: SAP Systems
Re: Ricoh to purchase IKON Office Solutions
Océ launches versatile wide format color printer
Xerox Chat with 4112cp
70th Anniversary of Xerography!
New Heller Layoffs; Axed Secretary Tells of Disappearing Copiers
Oce Business Services Shares Winning Document Management Strategies in an Economic Do
HP Unveils Innovative Large-format Printing Solutions
Re: Some of my observations....
Re: Former Mount Vernon schools purchasing agent charged with bribery
Xerox Pricing Link
Charges hurt Ikon Office Solutions' 4Q results
Ricoh's Environmental / Green Policy
Re: Gas Price Check
Re: Vision News 08 Orlando
Re: What's New MPC 4000/5000
timw
Some of my observations....
Re: Gas Price Check
Re: Ricoh Americas Announces Organization Changes
Re: Vision News 08 Orlando
Re: What's New MPC 4000/5000
Re: Ricoh's Environmental / Green Policy
Meach
Re: Ricoh Introduction of the MP C2800/C3300 & MP C4000/C5000
Re: Former Mount Vernon schools purchasing agent charged with bribery
Re: Ricoh Americas Unveils Color MPC2050/2550
Re: The Ultimate MFP
The Ultimate MFP
SAP Systems
When You Grow Your Heart You Will Grow Your Sales.
If you haven't read Eckhart Tolle's, The Power Of Now, I encourage you to do so, as he goes on to say,
“Get the inside right. The outside will fall into place.”
Here at Selling from the Heart, we believe the inner work one is willing to do will fuel the outer success one will have.
Simply stated, heart in sales, it's not a dirty word nor is it something you run from.
My challenge to the sales community... If you can bring your heart to your personal relationships, then what prevents you from bringing heart to your professional relationships?
Within a sales context, the image of a heart often gets associated with softness or being too mushy gushy. The heart is strong and powerful. It is the driving force of our life, one heartbeat at a time.
Your success becomes crippled when there is an unbalanced connection with your heart.
Embracing a heart-centered approach rests with your ability to stop, look inward, and reflect upon the course of action you know is the right, rather than succumbing to external pressures and misaligned sales crapola that quite frankly doesn't work any longer.
"Put your heart, mind, and soul into even your smallest acts. This is the secret of success."
Swami Sivananda
Let's take the foundation of this quote, as I ask you to reflect upon the following questions...
- What's one thing I will do right now to work on my heart health?
- What's one thing I will do right now to work on my mindset?
Our heart is the driving force to your survival. Plain and simple, if your heart stops beating, we know what happens. Therefore, we take good care of it. We exercise, we eat healthy, and we try to avoid stress; all in the name of heart-health.
Question becomes... How well are you taken care of your sales heart?
I encourage all of you to think about the following...
How can you sell from the heart if your heart is broken?
SUCCESS WILL COME FROM THE INSIDE OUT
We tend to place great value on the outer work. The number of weekly meetings, the output of sales calls, sales KPIs, and the progress toward one's quota.
The outer work is measurable, it's tangible and it looks like work.
However, continually focusing on all the outer work does not make you more successful or even more valuable as a salesperson.
When there's an imbalance with the inside work, meaning the acts and practices focused on clarity, purpose and vision, all the outer work we do starts to become draining which soon starts to deplete our sales production.
The work one doesn't see may be the work that matters most.
To quote, Dr. Christine Carter, Ph.D., VP, Content Development, BetterUp,
"If we are to be our most productive, successful, and joyful selves, we must learn to value Inner Work® in the same way that we value Outer Work."
Here’s the uncomfortable truth... We all have many limiting beliefs or thoughts.
Dr. Joe Dispenza so eloquently says,
“Our personality creates our personal reality.”
If you don’t do the inner work, you will keep reliving the same life, the same problems and challenges… because your personality, beliefs and thoughts are still the same. You behave in alignment with the beliefs and thoughts you have and think.
The stories in our mind become the stories of our lives.
Doing the inner work means having the courage to look at yourself, taking responsibility for your actions and doing whatever it takes to find alignment.
Doing the inner work means looking yourself in the mirror as you acknowledge to some degree that you're responsible for whatever you're experiencing.
To reinforce the importance of the inward journey, ponder this quote from Osho, in Everyday Osho
“Sooner or later the outer poverty is going to disappear—we now have enough technology to make it disappear—and the real problem is going to arise. The real problem will be inner poverty. No technology can help.”
WILL YOU LOOK INSIDE?
The journey to growing your sales at exponential rates starts with understanding who you are at your core. It is becoming more in tune with your deeper self. It is the ability to recognize what lights your fire, what makes you happy or sad.
To sell from the heart, you must be willing to take responsibility for your results.
You can't blame others or point fingers when things go wrong. You must be willing to look inward to determine what you could have done differently to make the outcome better.
It's not about playing the blame game but self-examination. Taking a true look at yourself and congratulating yourself on what you did right and planning to become stronger in the areas that you're weak.
"People will do anything, no matter how absurd, to avoid facing their own souls."
Carl Jung
Are you avoiding facing your own sales soul?
- How do you deal with your emotions?
- How do you react when your sales life goes astray?
- What areas do you need to work on in your personal growth and development?
When you truly understand who you are, you will start to make a conscious effort to improve yourself, how you communicate with others and how this all has an impact on your sales growth.
Here lies the question...
Do you have the courage to bring your heart to your sales life?
WILL YOU EMBRACE YOUR HEART
“Wholehearted living is about engaging in our lives from a place of worthiness,” Brené Brown writes in Daring Greatly. “It means cultivating the courage, compassion, and connection to wake up in the morning and think, no matter what gets done and how much is left undone, I am enough.”
What are you willing to do to develop the courage and compassion to better connect with your clients?
Brené Brown reinforces this at so many levels, and why I believe the key to sales success starts at the heart level.
She discusses wholehearted people as having:
- A sense of worthiness
- Courage
- Compassion
- The ability to connect with others
- Gratitude
- Leaning into joy
- Vulnerability
Here's the mirror moment for many of you... How many of you are bringing the words above to your client relationships?
Why have many in sales become results driven and commission breathing, as opposed to outcome driven and difference makers.
All too many in sales are looking outward as they're being led by their brain. Their inner core values have been thrown to the waste side as money and profit become the driving force.
“If your goals aren’t synced with the substance of your heart, then achieving them won’t matter much.”
Danielle LaPorte
We all know, for the brain to work well we need a strong heart. However, when I look inside many sales organizations, I often find unhealthy hearts where values and beliefs are misaligned. Layer on top of this misaligned values in management and let me tell you... this becomes a recipe for sales disaster.
WILL YOU GROW YOUR HEART?
If you want to grow your sales, if you desire to reach greater sales heights, then you must be willing to grow your heart.
This all starts with some self-awareness.
"I think self-awareness is probably the most important thing towards being a champion."
Billie Jean King
What are you willing to do to become a sales champion?
SELF-AWARE
Self-awareness involves recognizing and understanding your thoughts, emotions, behaviors, strengths, weaknesses, and motivations.
This understanding can help you make better decisions and navigate life's challenges more effectively. This becomes even more critical as we know how challenging the sales world is.
Self-awareness means you know yourself so well that you become amazingly happy, fulfilled and content.
- Are you living as the real you and not some sales facade?
- Do your thoughts match your actions?
- Does your walk match your talk?
I believe living a lie comes out sooner or later. Living a sales lie is even worse. This will ultimately mess with your career.
Are you aware of what makes you come alive?
Are you aware of what makes your clients come alive?
Becoming self-aware is a valuable trait which contributes to happiness, fulfillment, and contentment. We know this is just one piece of the puzzle.
Achieving new levels of sales success requires a combination of self-awareness, meaningful relationships, personal growth, and pursuing goals that align to your values and passions.
SELF HONESTY
Becoming comfortable with being uncomfortable is what ferocious self-honesty is built upon.
Being self-honest means to acknowledge your strengths and weaknesses, as well as your successes and failures, without deception or self-delusion.
I encourage you to think about this one...
"Do one thing every day that scares you. Those small things that make us uncomfortable help us build courage to do the work we do."
Eleanor Roosevelt
How can you become ferociously self-honest if you struggle to deal with any discomfort in your sales life? You can’t and you're only fooling yourself.
In the hyper competitive world of sales, those who are willing to take risks, step out of their comfort zone and create some discomfort for themselves will be those who will reap the biggest rewards.
Self-honesty is one huge aspect of personal growth, self-improvement, and building authentic and meaningful relationships.
ARE YOU READY TO GROW YOUR SALES?
Unfortunately, the sales world is riddled with braggadocious, bravado filled behaviors. Name brand suits, Rolex watches and fancy cars mask the insecurity.
You see we all have imperfections. We all have baggage. We all have something hiding inside the sales closet of the past.
Selling From the Heart is the new sales economy.
- It's about knowing your values and living by them.
- It's about getting radically honest with yourself.
- It's about doing the hard work to make sure you add meaningful value to your clients.
What's powering your heart engine right now?
There is an old proverb:
“Above all things guard your heart…”
In this episode of Selling From the Heart , Andrew Sykes discusses the importance of trust in sales and how to build trust in the first few minutes of a conversation. He shares his insights from years of research on trust and offers practical advice for sales professionals. Andrew emphasizes the need for salespeople to be committed to helping others make progress in their lives and to understand and meet their customers' expectations. He also challenges the common belief that trust takes time to build and explains how trust can be established in a matter of minutes. Andrew provides a framework for creating a strong first impression and highlights the power of genuine smiles and eye contact. He also discusses the role of apologies in trust-building and the importance of self-trust.
KEY TAKEAWAYS
Trust is something we give to others by vulnerably exposing ourselves to their potential deception or incompetence.
Trustworthiness is assessed by others based on their experience of people like us in the past.
The first few minutes of a conversation are crucial for building trust, and salespeople should focus on creating a strong first impression.
Salespeople should introduce themselves by sharing one thing about their credible past and one thing that led them to choose their current profession.
Apologies often break trust instead of restoring it, and salespeople should focus on acknowledging the impact of their actions and fixing it.
People often lack self-trust and easily break promises to themselves, which can hinder their personal and professional growth.
QUOTES
"For me, selling from the heart means being committed to helping another human being make progress in their life."
"Trust is something we give to other people. It's choosing to vulnerably expose ourselves to someone else's deception, incompetence, or lack of a track record."
"Being trustworthy as assessed by someone else couldn't be more different because we assess trust based on false signals."
"Trust is a generous thing to give, but being worthy of trust is assessed by someone else based on their experience of people like you in the past."
"The feeling most people have when we're approaching them as salespeople is not unlike that feeling when you see three young adults with clipboards on the street."
"Rather than saying, 'My name is Andrew, I'm the head of sales,' I encourage people to say one thing about their credible past and one thing that led them to choose their current profession."
"Apologies usually break trust, not restore it. It's important to acknowledge the impact of your actions and focus on fixing it."
"People often lack self-trust and easily sell themselves down the river, quitting on their dreams or promises to themselves."
"The only way to unlock the greatness in us that hides behind our blind spots is to have generous people point to things in our potential that we don't see in ourselves."
Learn more about Andrew Sykes:
LinkedIn: https://www.linkedin.com/in/andrewsyk...
Learn more about Darrell and Larry:
Darrell's LinkedIn: https://www.linkedin.com/in/darrellamy/
Larry's LinkedIn: https://www.linkedin.com/in/larrylevi...
Website: https://www.sellingfromtheheart.net/
Got a video about how you sell from the heart? Share it by texting VIDEO to 21000.
Please visit https://www.sellingfromtheheart.net/ book to pre order your copy of the rerelease of the Selling from the Heart book.
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This Week in the Copier Industry 10 Years Ago
This Week in Copiers Ten Years Ago
Second Week of October 2013
I had scheduled the last stop of the day about a mile from my home. For almost three years I've been calling, emailing and dropping off production information for a net new account. Three years with nothing, I was beginning to think that the company set up a false DM, had an email account and voice mail account and just dumped all of the sales calls there. But low and behold, I walked in and the DM was.....
Check These Great Copier Threads from Ten Years Ago This Week
The Cannatta Reports 28th Annual Awards & Charities Dinner
Konica Minolta bizhub 554e Speeds Output
Konica Minolta's Rick Taylor Receives Executive of the Year Award
Konica Minolta Launches KIP 70 Series
Konica Minolta Launches Express Connect App to bizhub MarketPlace
Canon Solutions America Showcases Innovations in Specialty Graphics Printing at the SGIA Expo 2013
Re: Selling Copiers and MFPs "Earning Mental Toughness"
Toshiba Multifunction Products to Support Apple AirPrint
Canon U.S.A. Launches Oce PRISMAproduction Version 5.0
31 Ways to Close More Sales (#11 of 31)
Epson adds high speed desktop on-demand four colour label printer
RICOH THETA on Sale Today
Xerox Positioned in the Visionaries Quadrant of Gartner's 2013 Magic Quadrant for Enterprise Content Management
Xerox Celebrates the Creation of Xerography – and 75 Years of Simplifying How Work Gets Done
New Solutions Center Tool: Compare Report Ratings and More with Just a Few Clicks
Re: PCS Director Embedded Receives Certification with Latest Ricoh Multifunction Devices
Re: PCS Director Embedded Receives Certification with Latest Ricoh Multifunction Devices
Re: Selling Copiers and MFPs "Earning Mental Toughness"
Canon U.S.A., Partners With RUSH, The New Film From Two-Time Academy Award(R) Winner Ron Howard
Managed Print Services in the Wide-Format A/E/C Space
Copyrite Partners with ABBYY to Provide Digital Mailroom Solution to Leading Law Firm
The Problem with Printing
Xerox Awarded U.S. Navy Office Equipment Deal; Outfits Ships with Systems, Support
Laserfiche Facilitates Activity-Based Working at Ricoh Australia
EFI Innovations at SGIA Expo Fuel New Opportunities for Printing Companies
THE CANNATA REPORT'S 28th ANNUAL AWARDS AND CHARITIES DINNER RAISES MORE THAN $130,000 FOR CHARITY
Chateaux Software Collaborates with Canon Information and Imaging Solutions, Inc. to Accelerate Platform Expansion
Re: PCS Director Embedded Receives Certification with Latest Ricoh Multifunction Devices
Re: PCS Director Embedded Receives Certification with Latest Ricoh Multifunction Devices
The Latest New Features @ The Print4Pay Hotel
Mimaki introduce the PrintROBO at Dusseldorf fair for promotional items
PSIGEN Recognizes Outstanding Partners at Resonance Partner Conference: ACS-Xerox, Image Point Solutions and DRS Group
Mobile Devices: Friend or Foe of the Printing Industry?
EFI Celebrates 10-Year Anniversary of Printcafe
Re: Canon imageRunner C203o lease_order docs.pdf
TypeHaus Form Templates, Barcode Generator, and Job Reformatting Now Available for New HP LaserJet Color M750, M806, MFP M830, M855, and Color MFP M880
INX Digital set to continue winning pattern at SGIA Expo with new TRIANGLE brand ink products
Re: Ricoh Tier (ricotier) Color Page Cost?
Re: Method for Charging Higher Click Rate for Thicker Stocks
Re: Method for Charging Higher Click Rate for Thicker Stocks
Re: Xerox Celebrates the Creation of Xerography – and 75 Years of Simplifying How Work Gets Done
Top Image Systems Wins Contract Worth $345,000 With Major European Government Office
EFI Acquires Metrix Software
Lead for Two Color MFPs
see attached file
Lead for Wide Format LED MFP
see attached file
Lead for 40 plus MFPs (5 Year Lease)
see attached file
Lead for Four MFPs At City Managers Office
see attached file
This Week in the Copier Industry 5 Years Ago
This Week in the Copier Industry 5 Years Ago
Third Week of October 2018
Real Copier Sales
View These Awesome Copier Threads Below
Selling Copiers in the Seventies with Steve Mcbride
Konica Minolta Premiers New Wide Format Press Technology at SGIA Expo
Konica Minolta MFPs Safeguard Data Against Hackers
Windsor’s Konica Minolta to lay off another 219
6 Reasons Why Canon's New 715iF A4 MFP Kicks Butt
AnaJet, a Ricoh company, reveals its newest high-quality Direct-to-Garment printer
Canon Solutions America to Showcase Industry-Leading Canon Technology at 2018 SGIA Expo
Ink Used in Konica Minolta’s Digital Press Accurio Jet KM-1 Complies with FDA Guidelines
Konica Minolta Receives Keypoint Intelligence BLI PaceSetter Award for the Legal Vertical
New RICOH Pro TF6250 wide-format flatbed printer delivers impressive media versatility and productivity
Sharp Business Systems Named Partner of the Year and Continuum U Master by Continuum
Kyocera unveils content services team for businesses
Ricoh's Legal Portfolio Receives Top Honors from New Buyers Lab PaceSetter Awards
Canon Solutions America Helps DMM Expand Capabilities from Toner Based to the Océ VarioPrint i300 Inkjet Technology
Canon Information and Imaging Solutions Demonstrates How Artificial Intelligence Can Be Used by Customers to Take Control of their Workflow Processes, Transforming the Future of Work
Canon Completes its Third Generation imageRUNNER ADVANCE Platform with Introduction of a New High-Speed Monochrome A4 MFP Series
It’s back on: Fujifilm’s $6.1 billion bid for Xerox revived after court ruling
Xerox 2018 Global Corporate Social Responsibility Report ShowcasesCommitment to Sustainability, Social Investment, Governance
Fujifilm wins appeal in battle with Xerox over aborted merger
Clark Construction and Ricoh USA Sign Office Leases at Stadium Square
BLI reviews Xerox Versant family of presses
EFI Fiery DesignPro Reduces Design Time and Delivers True Color Separations for Stunning Textile Prints
EFI Showcases High Quality, Productivity and Opportunity with
3 Confidence Building Tips To Become The Best Sales Version Of You!
Do any Ricoh Models Scan and Copy at the same time?
Ink Based MFP's In The Market Place
Re: Canon's new 75PPM A4 MFP series
Re: Canon's new 75PPM A4 MFP series
Canon serial interface type K3
Re: Rumor has it that...
Re: Canon's new 75PPM A4 MFP series
Manufacturer Support on Bids
DocuWare Announces Leadership Transition
Bruce Chung
Re: Ricoh's Legal Portfolio Receives Top Honors from New Buyers Lab PaceSetter Awards
Re: Rumor has it that...
Re: Rumor has it that...
Re: Manufacturer Support on Bids
Re: Manufacturer Support on Bids
Re: Ink Based MFP's In The Market Place
Re: Ink Based MFP's In The Market Place
Lead for Managed Print Services
see attached file
Lead for 20 plus Copiers in NE US
see attached file
Leasing Copiers and the Covid19 Trap
Many of the office equipment leases that were in place prior to Covid19 will be coming to term shortly. Those were leases that would have started from 2017-2019 and were termed for 60 months.
We're all familiar with the Evergreen Clause and those of us that are pro's in the business understand why we ask for a copy of the original lease. We're looking for the language for the return of the equipment to the leasing company.
Evergreen Clause
There is an Evergreen Clause on most office equipment leases. The Evergreen clause can be different for each lease, however what I see most is that the lessee needs to contact the lessor not less than 90 days and not more than 120 days prior to the end of the lease. In addition if the lessor is not notified the lease will renew for 12 months. Egads!, can you image a client being held hostage because they did not notify in time?
COVID19 Trap
What I call the Covid19 trap is not intentional from the lessor or the dealer that help procure the language of the lease. The trap was created when COVID19 reared it's ugly head. With businesses closed and funds were not flowing many leasing company offered a furlough of the lease payments. Those furloughs were usually two to three months where the lessee did not have to make a payment(s). Of course the payment did not go away but was added to extend the lease by additional months.
Thus with reps asking a copy of the lease, there are many of us (including me) that are may not have asked the client if they accepted a furlough of the lease during COVID19. The furlough really comes into play when we're attempting to upgrade a competitors devices. Thus when we are advising the client for the terms and notification of the Evergreen clause we could be off by two to three months of when the client needs to send the lease return notification to the lessor.
Avoid the Trap
A few helpful tips for upgrading those leases
- Ask the client/lessee if they had a COVID19 furlough of the lease
- If they did, you need to ask for documentation of the furlough
- If they did not, you may want to add a covenant to the order doc that they stated there was no furlough in place
- Ask the client/lessee to call the leasing company an verify the dates for lease return notification. Of course get this in writing via email or document to cover your ass
- I believe it's always a best practice with all leases to always get the notification (furloughed or not) to get documentation from the leasing company for the dates that the return letter will be accepted
Notification of Lease Return
While I was doing my research I spoke to a rep in the leasing business and two tenured sales reps. Everyone gave me a different interpretation of the notification date. Of course we were not talking about a lease that had a COVID19 furlough applied.
- Was it 90 days prior to the date that the lease was signed?
- Was it 90 days prior to the date the lease delivery and acceptance was signed?
- Was it 90 days prior to the date the the leasing company counter signed the lease (this usually happens when the lease is counter signed by the lessor)?
I want to believe the date we need is when the lessor counter signed the lease. Of course I would like to hears from others to verify.
One interested note was brought up by a Print4Pay Hotel member. He stated that the leasing companies do not tell the client how to notify them. Whether by fax, in writing (snail mail), or certified mail.
Hope this helps others, pleas hit the reply section for comments!
-=Good Selling=-
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