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At the forefront of industry-leading technology is Propel’s Technology Development Team who have been nominated for the Excellence in Technology Award, sponsored by VIP Apps Consulting Limited, at the Asset Finance Connect Summer Awards 2023 for their outstanding success in spearheading the development of their revolutionary Propeller platform.

Celebrating excellence in technology, compliance and ESG in the auto and equipment finance industries, the AFC Summer Awards will be held on 12th July 2023 at the prestigious Hurlingham Club in London, book your table now.

To see a full list of the award categories and individual awards, visit Asset Finance Connect’s Summer Awards website at https://afcawardsuk.com/, where organisations can add their nominations for award winners and book their tables for this year’s must-attend event.

Propel's pioneering focus on technology has transformed the asset finance marketplace, attracting the largest finance partnerships and enabling over one million SMEs the opportunity to access business-critical finance to drive investment, growth and success.

Before the development of the Propeller platform, SME customers and their banking partners, advisers and equipment vendors were confronted with asset finance processes that involved: onerous equipment financing processes that typically took several days to complete; cumbersome customer onboarding; laborious manual credit checks; slow and inconsistent decision-making; poor visibility and transparency; insufficient management information; and lack of partner software integration.

Propel’s Technology Development Team, which consists of around 20 people, has achieved what many significantly larger organisations have aspired to do but have not succeeded in delivering: transforming the decision-making process through a completely frictionless and automated end-to-end process, while dramatically enhancing the customer experience.

Propel’s ground-breaking technology platform, Propeller, is the only asset finance deal-processing platform in the UK that offers: market-leading end-to-end processing, transforming the entire customer journey, making transactions simple, swift, smooth and seamless; deployment on an industrial scale, facilitating the processing of a high volume of transactions per day; bespoke partner self-serve capability, customised for each partner type e.g. vendor, bank, broker and accountant; immediate quotes and decisioning; In-built flexibility tailored to the needs of the market; automated API and KYC checks; same day pay-out for suppliers upon deal completion; direct connection with vendors' CRM systems via a secure API key providing market-leading management information; real-time status updates and instant query reports; and digital InfoHubs accelerating knowledge transfer to partners and SME customers.

Do you know a team or individual who have achieved outstanding success in technology over the past year? Nominate them today! Submit your entry today before the 21st April closing date.

Visit Asset Finance Connect’s Summer Awards website HERE to place your nominations for award winners and to book your table.

AFC Summer Awards revised