Alfa reveals pre-configured SaaS solutions in European asset finance
Alfa has launched a new pre-configured software-services (SaaS) solution, Alfa Start for European Asset Finance, a solution designed specifically for European Asset Finance.
According to the company, the system enables automotive and equipment financing operators to implement ALFA Systems in a “fast and cost-effective” way, a core platform such as original services, contract services and collection management.
Based on predefined best practice configurations and processes, streamlined implementation is provided through Alfa's extensive support for major European brands.
Emily Hammond, Alfa Product Director, said: “Alfa Start is aimed at banks, prisoners and independents who want to be slim and be frank investing in systems pre-installed with distillation best practice settings, rather than recreating existing processes and configurations from Scratch.
“As we have done successfully in the UK and we have done successfully, this new Alfa Start Flavor brings the power of the ALFA system to a wider range of providers, providing an essential project accelerator that reduces costs and helps you gain a competitive advantage.”
Since its launch in 2020, Alfa Start’s “Rapid” approach has been adopted in the UK through financial providers and challenger banks such as United Trust Bank, Arkle Finance, Bibby Financial Services and, more recently, Paragon Bank.
It also accelerates projects by famous American auto and equipment lenders.
New products include support for local languages, currencies, accounting standards and bank reporting, as well as integration of electronic signatures, single sign-on, SEPA payments and other features.
It eliminates the infrastructure overhead of users through proactively managed single-tenant SaaS delivery.
Bibby Financial Services COO Richard Olver said: “Many providers need to modernize their technology stack and consider improving their business, and ALFA Systems is the gold standard in the industry.
“With Alfa’s beginning, we have been able to implement the ALFA system quickly and cost-effectively. Thanks to the automation now available, our team spends more time bringing value to our customers and business partners.”
“Alfa reveals a pre-configured SaaS solution for the European asset financing space” was originally created and published by GlobalData-owned brand Life Life.
The information on this website is included in sincerity only for general information purposes. It is not intended to rely on the advice you should rely on, and we do not provide any representation, warranty or warranty that express or imply its accuracy or completeness. You must take or avoid any action based on the content on our website to obtain professional or professional advice.