- Solution overview
Asset finance servicing, sorted
Genpact's asset finance-as-a-service solution lets you focus on sales and strategy
The asset finance market is at a tipping point. Borrowers and investors expect faster and more streamlined management of asset finance servicing. And business models for core asset finance servicing are rapidly evolving. Some firms have already tested and integrated new technologies. But most need to upgrade their outdated operating models with state-of-the-art technology ecosystems. The challenge? This can be expensive and hard to do at scale.
The solution? Seamless, end-to-end servicing through Genpact's cloud-based asset finance servicing platform, which uses advanced technologies such as generative artificial intelligence (gen AI).
Challenge
New, digital-native entrants to the asset financing market are nibbling at what used to be a traditionally stable business. These nimble, cost-effective challengers tend to offer more diversity in products, simpler models of financing, and enhanced customer care. For traditional asset financiers, the kind of change required to stay relevant can feel like a tall order.
To compete, asset financers must address a range of issues, such as:
Solution
Genpact's asset finance-as-a-service solution creates a strategic, value-based partnership between lenders, investors, and funding partners. Using our advanced technology solutions embedded with generative AI, we optimize servicing and collections and elevate customer experience.
Traditional asset financers trust Genpact to:
This means lenders and investors can focus on growth, credit, and expansion to new markets and product lines.
The foundation of our solution consists of:
Working across all stakeholders in the asset finance ecosystem, the solution monitors and manages:
Impact
Genpact's solution has an immediate and significant impact. First, clients avoid the burden of huge, fixed costs from making large initial outlays for in-house technology. Second, they can rest easy knowing that Genpact's share of revenue is linked to the volume of assets financed and therefore tethered to their growth, with no surprise charges in store.
The proof is in the pudding:
For companies looking to start lending or improve their operations, Genpact's asset finance-as-a-service solution offers an immediate, intelligent, scalable, and cost-effective response.