Managing the last step of the device lifecycle with a breeze in Velory - giving you full control over what happens when a device reaches the end of its journey.
Buyout: Let employees purchase their device with automatically calculated valuations and secure payment via Stripe.
Keep: Extend the lifecycle by default – or let the employee choose.
Return: Trigger logistics, notify employees, and track returned devices with full inventory visibility.
Here’s how each option works in short:
Buyout a device
Employees can purchase their current device. Velory calculates the value automatically and handles the payment flow securely through Stripe. Once paid, ownership is transferred and the store unlocks for a new order.
As an admin in Velory, we have articles to give a more detailed view and step-by-step guide on how to enable buyout for one-off devices and also for leased devices.
Keep a device
Don’t need a new device just yet? Employees can keep using the same one. The expiration date extends by 6 months - and if no action is taken, Velory does it automatically.
As an admin in Velory, read this article to have a more detailed view and step-by-step guide how to enable it.
Return a device
Returning a device is now streamlined. The employee selects “Return,” logistics are triggered, and you can track every step - from return in transit to readiness for reallocation or recycling.
As an admin in Velory, we have articles to give a more detailed view and step-by-step guide on how to enable return for one-off devices and also for leased devices.
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