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PEAC Finance is an independent pan-European asset finance leasing company.
Working together with partners and brokers alike, they deliver innovative financial solutions funding a wide range of asset classes, from office technology and software to manufacturing and plant equipment.
How Alfa helped
Following PEAC’s acquisition by HPS Investment Partners in January 2016, PEAC needed to meet a challenging deadline of less than a year to identify, build and deliver a new contract management platform. The integration of Alfa Systems ensured PEAC’s unique business requirements ran effectively whilst eliminating several historical processes and technical system silos.
Over the course of the year-long project, a team of 12 Alfa staff worked in partnership with PEAC on site to design, configure, develop, test and implement its new asset finance platform.
Together Alfa and PEAC sought to understand how each of their core systems should integrate and function with the aim of streamlining PEAC’s business processes and delivering fast, efficient finance at point of sale for PEAC’s external partners.
Since go-live in May 2017, Alfa and PEAC have continued to work closely together to further develop a platform that works for PEAC’s ongoing needs. Alfa Systems seamlessly consolidated seven different operating systems with multiple logons into a single platform, with only one login required. Alfa supports all aspects of the PEAC contract lifecycle: on-boarding, operations and processing, as well as finance and analytics. Crucially, many of PEAC’s partners now use the same system as the internal sales support team to submit proposals via Alfa’s front-end Point of Sale system. This has not only made the originations process faster and more efficient, but has enabled external partners to receive credit decisions on-line within a matter of seconds.