PEACHTREE CITY, Ga., May 16, 2019 /PRNewswire-PRWeb/ -- SANY Capital USA (a subsidiary of SANY Group) recently selected IDS, a leading provider of asset finance and origination technology, for its IDScloud platform for asset finance. SANY, the 5th largest heavy equipment manufacturer globally, selected IDScloud based on both the functional strength of the solution and the ability to move quickly from their existing asset finance accounting system. With IDScloud, SANY now has the ability to streamline portfolio management operations, respond to new market opportunities, and accelerate their business plans.
"We needed to move quickly to ensure we had the right system in place to support our aggressive growth goals," stated Dean Waters, president of SANY Capital USA. "After looking at our options, IDScloud was the only system which met our functional needs, both now and as we expand, and could deploy quickly. Now that we are live, the IDS team provides ongoing comprehensive management of the system allowing my team to focus on what we do best – growing our business."
"The strength of IDScloud is its ability to support the entire spectrum of asset and equipment financing firms, including high-growth companies like SANY," commented David Hamilton, CEO of IDS. "We value the opportunity to partner with SANY to quickly migrate their portfolio to our SaaS solution and to provide them with a system designed to scale with their business. Implementing SANY in just 10 weeks demonstrates the power of the IDScloud platform and our ability to provide unparalleled time-to-value to our customers."
IDScloud is a 100% SaaS solution which offers the full capability of IDS' market leading Rapport origination and InfoLease portfolio management solutions along with integrations to an ecosystem of leading third-party services including credit bureaus, e-signature, CRM, sales tax, insurance and payments. In addition to onboarding new customers in a short amount of time, the solution is highly configurable and allows customers to adapt quickly to changing sales and servicing needs in their front, middle and back office. IDScloud provides comprehensive support for a full range of asset classes, deal sizes and deal types. With IDScloud, customers only pay for what they use, enabling the solution to scale in line with customer growth and as their business requirements change.
About SANY America
SANY America manufactures, sells and supports construction and material handling equipment, including crawler cranes, rough terrain cranes, excavators, container reach stackers and empty container handlers. The company handles SANY brand equipment sales and support in the United States, Canada, Mexico and Central America. SANY America's headquarters in Peachtree City, Ga., includes 340,000 square feet of manufacturing space and 60,000 square feet of office space. Excavators are assembled at the facility, which has the capacity to produce more than 2,000 units per year. In addition to assembly, the Peachtree City facility performs machine testing, touch up painting and distribution. In 2018, SANY reported sales of $8.3 billion worth of equipment.
About IDS
Leading asset finance enterprises build their businesses on full lifecycle solutions from IDS. Our software streamlines the entire asset finance process from origination, to portfolio management, to end-of term. Our new cloud-based offerings integrate seamlessly into any asset finance ecosystem. The scalability, flexibility and economy of our cloud solution makes IDS best-in-class asset finance software accessible to banks, independents and captives of all sizes. Headquartered in Minneapolis, MN, the company also has offices in the United Kingdom, Australia, Singapore and India. For additional information, visit http://www.idsgrp.com or email [email protected]. Media Contact: Ray Wizbowski – [email protected]
SOURCE SANY Capital USA
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