The announcement was made at the ELA 44th annual convention ’05, being held in Boca Raton, Florida, October 23-25. “CSI Leasing is currently preparing for the next phase of global growth and we needed a scalable system to enable the consolidation of our subsidiary processes and systems,” said Ken Steinback, chief executive officer, CSI Leasing, Inc. “SAP Leasing will automate our leasing life cycle to produce efficient processes resulting in reduced costs and greater responsiveness to our customers.”
SAP Leasing will enable CSI to consolidate its disparate legacy and manual systems into a single, integrated platform to better manage all leasing processes. Part of SAP’s portfolio of transactional banking applications, SAP Leasing provides a straight-through and end-to-end solution to facilitate comprehensive leasing processes, tapping functionality from mySAP Business Suite solutions for customer relationship management, enterprise resource planning and financials. Based on the flexible architecture of the SAP NetWeaver platform, the leasing application allows companies to gain business intelligence from all functional areas and locations.
“CSI Leasing joins a distinguished group of leasing companies who have selected SAP Leasing as their solution of choice to automate processes for effective management of the entire leasing life cycle,” said Jim Hughes, senior vice president, Financial Services, SAP America, Inc. “Effective change processes are critical to leasing companies. SAP Leasing optimizes these processes resulting in improved customer service and overall improved profitability.”
Source: SAP AG