Case Study

Hitachi Capital – end-to-end floorplan finance solution

After a full market survey, Hitachi Capital chose CALMS Wholesale for replacement of its legacy system

Context

Hitachi Capital was established in 1982 and has since expanded to include four key finance divisions serving SMEs through to corporate multi-nationals. The company provides finance for 650,000 consumers, looks after 45,000 fleet vehicles and provides specialist asset finance and block discounting for a further 5,500 companies.

Thanks to innovative finance products and a very real commitment to customer care, they have a stronghold in the markets in which they operate. Hitachi Capital was operating their floorplan finance business with a legacy system that was inhibiting growth due to inefficiencies and general support issues.

Challenge

The challenge was to provide an end-to-end floorplan finance solution that supports a diverse portfolio of products, with e-commerce and online capability for the entire supply chain.

Solution

After a full market survey, Hitachi Capital chose CALMS Wholesale for replacement of its legacy system. Due to business constraints, the window for implementation was limited to 90 days. White Clarke Group successfully converted Hitachi Capital legacy wholesale loan data into a production ready CALMS Wholesale platform within 90 days of contract.

For more detail on any aspect of CALMS, please contact us today.

Results

With the CALMS Wholesale system Hitachi Capital has been able to expand its business internationally without adding additional headcount.

For more detail on any aspect of CALMS, please contact us today.

A partner with experience and credibility, who had a certain scale, and who had the stature to come to us and challenge our thinking. Nick Ockwell, CIO, Exeter Finance Corp