What type of procurement method allows a company to return multi-function copiers at the end of a contract?

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Leasing is a procurement method that allows a company to use equipment, such as multi-function copiers, for a specified period, typically under a rental agreement. At the end of the lease term, the company has the option to return the copiers rather than purchase them outright. This option provides flexibility and reduces the upfront costs associated with purchasing equipment.

Leasing is particularly advantageous for businesses that need access to the latest technology without committing to a long-term investment. It allows for better cash flow management and ensures that the company can upgrade or change equipment as needed at the end of the lease period. This contrasts with purchasing, where the company would own the equipment indefinitely, and maintenance and disposal would fall on them.

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