Hitachi Capital Business Finance has launched its dealer stock funding solution powered by Sword Apak’s Wholesale Floorplanning System (WFS) v6.
Hitachi Capital is a specialist funder in the agricultural and grounds care sectors. It needed a robust, fully automated, future-proof stock funding system to support its drive to build stronger manufacturer relationships. The company also required professional support from an experienced and knowledgeable IT systems supplier.
As a proven supplier of functionally rich wholesale systems, Sword Apak was able to demonstrate an industry-leading solution. Hitachi Capital chose Sword Apak - recognising its technical capability, business insight, and passion for meeting client needs.
Andy Murdoch, head of change management, Hitachi Capital Business Finance, said: “Sword Apak clearly understood our business aims and responded quickly with an integrated stock funding solution that enables us to provide a highly flexible dealer-responsive service. There is no doubt that WFS places us in a strong market position.”
Stuart Hawkins, business consultant, Sword Apak, said: “With its next-generation system functionality, WFS v6 is designed to meet the most complex technical requirements of our clients. We are confident that WFS supports Hitachi Capital’s ambitious plans for service delivery and business growth.”
Sword Apak’s WFS v6 addresses the full range of system requirements including: • new Automated Direct Debit Instruction Service (AUDDIS) for BACS;
• new system branding;
• general ledger links; and
• HPI feeds
By combining innovative financial products with a real commitment to customer care, Hitachi Capital is “leading the way forward” in its current markets.
Hawkins added: “The launch of the dealer stock funding solution adds further value to its successful business asset finance offering. With a new client programme signed in July, Hitachi Capital’s comprehensive stock funding system is in action.”
