- info@restorelife.io
BaaS is a unique solution to reduce the prohibitive CAPEX on buying new batteries. This B2B service is offered to bulk battery users. It helps them deploy their capital productively while catering to their need to use batteries on the OPEX model.
An additional advantage of claiming depreciation on leased assets as per Indian Accounting Standard 116, makes BaaS a unique, viable, and sought-after solution.
Cost Efficiency: Eliminates the high CAPEX investment associated with purchasing new batteries, allowing users to use those funds for other productive ventures.
OPEX Model Flexibility: Provides flexibility through an operational expenditure (OPEX) model, improving cash flow management and booking expenses for IT benefit.
Depreciation Benefits: Customers can also claim depreciation on leased assets as per Indian Accounting Standard 116, providing tax savings thus giving dual financial benefits.
Scalability: BaaS offers easy scalability with the ability to increase battery capacity without the commitment of large, upfront costs.
Remote Battery Monitoring: Real time monitoring and management of batteries for enhancing their lifespan and performance.
