Global asset finance software provider Cassiopae has announced that Terex Financial Services, a division of global equipment manufacturer Terex Corporation, is now live with Cassiopae’s leasing software in China.
Cassiopae’s V4 software is managing the back office functions for Terex Financial Services including localization for the Chinese market. Cassiopae is designed for quick adaptation to specific financial product structures and localization requirements.
“Our goal was to quickly bring up a system to support our new business initiative in China and at the same time position ourselves to expand into other geographies without having to customize the application,” said Jeff Rentsch, Terex Financial Services’ director of technology. “We were able to do that with Cassiopae’s flexible leasing software and industry knowledge.”
“The rapid implementation of Cassiopae leasing in China is testament to the software’s highly-configurable architecture. This design enabled us to bring the leasing software live in Terex Corporation’s financial service operations in China in a short time frame with a small implementation team,” said Noel Webster, president of Cassiopae.
Terex Corporation is a diversified global manufacturer of a broad range of equipment in five business segments: aerial work platforms; construction; cranes; material handling and port solutions; and materials processing. Terex offers financial products and services to assist in the acquisition of equipment through Terex Financial Services.
Reproduced from Asset Finance International