Customer Success Story
Leading German transport manufacturer implements Solifi’s Equipment Finance solutions
Looking to facilitate their in-house financing, the company required a solution that was scalable and beneficial to their customers.
Background
A leading German transport equipment manufacturer required proven Originations and Portfolio Management processes to assist them in managing their equipment financing in-house. Founded over 100 years ago, the company operates globally with a multi-billion annual turnover and offers several financing services for their products.
Challenge
Previously, the company had been outsourcing their financing, however they found this was becoming restrictive. An in-house offering would grant them a strategic growth platform for their business, leading to long-term benefit for their clients. The company was searching for a reliable partner with the right credentials to supply the technology they needed to support their ambitions.
Solution
With an established local presence in the German and wider European markets, serving over 20 countries across the continent, Solifi had a proven track record. Our modern, flexible Software-as-a-Service platform is feature-rich, and our professionalism and impressive market knowledge were fundamental in the company’s decision to use our solution. The company chose to implement Solifi’s Originations and Portfolio Management solutions on our Open Finance Platform as a result.
Results
Solifi’s Open Finance Platform was the ideal solution for the client, supporting their growth priorities in multiple key European markets. The company now has the ability to provide its clients with more tailored, value-added products and services. Solifi’s solutions offer the company scalability while maintaining a direct relationship with their customers, ensuring harmonized processes and consistent end-to-end user journeys. With the Open Finance Platform, the company can control all aspects of their financial services from start to finish.