Vendor finance has grown more complex, yet the systems used to support this business are often fragmented, outdated and unable to support innovation. Working with disparate systems leads to disjointed processes and reporting capabilities.
Many vendor finance organizations have created their own solutions or joined together inherited legacy systems hoping to minimize the amount of manual processing required. This can lead to problems, such as poor visibility and a high level of operational and credit risk. Organizations looking to improve operational efficiency, while still driving their businesses forward, therefore have technology at the heart of their objectives.
SunGard can help. When it comes to managing an asset from origination through to the end of the contract, SunGard’s Ambit Asset Finance solution understands that each business is unique. The Ambit Asset Finance solution is an intelligent, single-platform software solution which provides a holistic approach to all of your vendor finance activities.