Fintech vs Big Tech vs Incumbents
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Sub Industry: Asset Finance
Why it makes sense to standardize processes before deploying RPA
Many companies design RPA implementations to support their ‘as-is’ processes, without evaluating or standardizing the existing process map. As a result, they achieve modest savings at best, and in most cases forego the opportunity to dramatically improve process outcomes, quality, costs and turn times. If you’re considering an RPA implementation
Reducing transformation risk for auto-finance lender with guaranteed business outcomes
A business transformation engagement with a private-equity owned auto-finance lender, resulted in improved outcomes for the client, paving the way to a five-year partnership with Firstsource. Background The client is an auto-finance lender and car dealer with around 150 outlets in the US, mostly franchise-owned. It specializes in serving people
A major UK bank reduces monthly risk exposure by £3.5m with a digital-first solution
Background The client is one of the largest banks in the UK and provides commercial financing solutions to businesses, including factoring, invoice discounting, asset-based lending, asset financing and more. As a market leader in the commercial finance segment, the client has a 16% market share that translates to £3.7 billion.
Firstsource delivers cost savings of $3 million for top UK Bank
Background The client is one of the largest banks in the UK and provides commercial financing solutions to businesses, including factoring, invoice discounting, asset-based lending, asset financing and more. As a market leader in the commercial finance segment, the client has a 16% market share that translates to £3.7 billion.
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