Category: Asset Finance

May 30

Big boost for alternative lenders

The government is planning £100m in funding for alternative lenders, including new internet finance firms. It is part of £500m being made available to small and medium sized firms through the government’s Business Finance Partnership. So called peer-to-peer lenders are expected to be big beneficiaries. They use the internet to match businesses with investors with …

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Permanent link to this article: http://transformingfinance.eu/big-boost-for-alternative-lenders/

Jan 06

Keeping Tags On Your Assets

Some old fashioned truths were brought to the fore at LeasingWorld Expo, which lead Nic Evans on to a high tech solution for a very current industry challenge. “Mark your card” said the magician. I wrote my initials and a smiley on the four of clubs before holding it firmly down on the bar in …

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Permanent link to this article: http://transformingfinance.eu/keeping-tags-on-your-assets-2/

Jun 01

Achieving efficiency in a new dimension

My introduction to pan-European finance technology came on the day Europhile Tony Blair became prime minister. After casting my vote, I drove to my companies newly opened Paris office to struggle with installing a French version of Windows 95 from 24 floppy disks. Since then I have become well versed in the benefits and practice …

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Permanent link to this article: http://transformingfinance.eu/achieving-efficiency-in-a-new-dimension/

May 01

Go Forth and “Multi-”ply

Going multinational opens up multiple extra dimensions in system complexity. The biggest strategic efficiency for multinational systems is gained by having front-end, administration and accounting systems that can travel in these extra dimensions Multi-Format – Culture-specific number formats (thousand and decimal separators) currency symbols (prefixes or suffixes) and date formats are essential to present users …

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Permanent link to this article: http://transformingfinance.eu/go-forth-and-multi-ply/

May 01

Snakes And Ladders – The Benefits and Pitfalls of Pan European Finance Systems

Henry Ford is the father of modern mass production. His production lines established Ford as the first global car manufacturer. Yet it was not until 34 years after his death that Ford produced their first global car – the Ford Escort. Ford set out to use common components worldwide, but by the time the Escort …

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Permanent link to this article: http://transformingfinance.eu/snakes-and-ladders-the-benefits-and-pitfalls-of-pan-european-finance-systems/

May 01

European Vision – Pan-European Finance Systems Delivery

For many international finance organisations there is a holy grail of a single system and standardised global processes that can deliver best practices and major efficiencies. But can a single platform meet all the diverse needs of the local businesses? Do the complexities, costs, delivery time and risk of global projects outweigh the benefits? In …

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Permanent link to this article: http://transformingfinance.eu/european-vision-pan-european-finance-systems-delivery/

Jan 01

2009 – A Year of Change in Finance Systems

  Despite the relative absence of large new clients, lease software vendors are still investing in their products, particularly their back office functions, reports Nic Evans in January 2010 Leasing Life. Finance Companies are expecting their technology to work harder in these tough times. As many organisations start new budget periods in the new year …

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Permanent link to this article: http://transformingfinance.eu/2009-a-year-of-change-in-finance-systems/