Leading UK provider of asset finance solutions adopts the Intelligent Workplace from Leasepath.
London UK (May 16, 2023) —Leasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for asset finance, today announces a successful implementation with Kennet Equipment Leasing, a leading name in equipment finance for UK businesses since 1991. Part of the Star Asset Finance network, Kennet has adopted the true cloud Leasepath platform across the entire enterprise, giving them a centralized hub to empower their teams to deliver quickly and consistently for their customers.
Kennet previously experienced significant bottlenecks in their origination workflow due to a variety of factors, including that their CRM and lease origination solutions were not integrated. As a result, goals for the project were to simplify key business processes, modernize core systems, and align disconnected business units by centralizing all data into a single cloud solution.
“Our goal was to provide our customers and sales teams the best possible experience when applying for equipment finance. Leasepath will allow us to streamline our processes to provide an even better experience to our customers.” said Tim Tainty, Operations Director with Kennet.
Leasepath and Kennet partnered to configure the platform to drive faster processing of applications even while maintaining Kennet’s unique team-based selling and shared services approach. Other benefits of the implementation included more immediate customer service, better informed decisions, and more opportunity for Kennet teammates to focus on their customers. With Leasepath, operations from sales through credit are streamlined, with key business processes automated to reduce manual effort and eliminate human error. And with the full power of the Microsoft Power Platform and Microsoft Dynamics 365 for Sales included as a part of the Leasepath suite, Kennet has the ability to self-direct their workflows and even build new capabilities alongside Leasepath.
“Kennet wants to provide the best tools to enable our team to do their best work,” said Paul Slapa, Group Commercial Director with Star Asset Finance. “Leasepath allows us to innovate and explore new opportunities for growth, giving us a head-start on adopting new practices, ideas, and technologies that could benefit our customers.”
“It was a pleasure working with the excellent teams at Kennet to bring the core tenets of an Intelligent Workplace to life, including a digitized, modernized, and simplified operating environment supported by great technology,” said Jeffrey Bilbrey, Leasepath CEO. “Moving off a vanilla Salesforce solution to the more powerful Microsoft Dynamics environment tailored specifically for asset finance needs by Leasepath means more efficiency for not only Kennet, but for their customers and business partners too.”
About Kennet Equipment Leasing
Part of the Star Asset Finance Group, Kennet Equipment Leasing has been providing business equipment finance for UK companies since 1991. Thanks to our own significant resources, as well as access to many of the top lenders we have been able to successfully fund business equipment purchases for a wide range of businesses of all types and sizes over the last 30 years. Whether you are looking to buy equipment for your own business, or seeking an affordable finance solution for your customers, Kennet Equipment Asset and Finance Leasing will give any business the power to grow. Learn more at www.kennet-leasing.co.uk
About Star Asset Finance Network
The STAR Asset Finance Group has brought together a group of leading independent asset finance businesses, with unrivalled knowledge of their markets, combining the genuine local service valued so highly by local SMEs, with the many benefits of national scale. The STAR Asset Finance Group has brought together a group of leading independent asset finance businesses, with unrivalled knowledge of their markets, combining the genuine local service valued so highly by local SMEs, with the many benefits of national scale. For more information, see www.starassetfinance.com
About Leasepath
Leasepath is the Intelligent Workplace platform for Customer Engagement (CRM) and Origination (LOS), purpose-built exclusively for the equipment finance industry. Leasepath is powered by the Microsoft Power Platform to provide a proven, cloud-first solution complete with configurable, dynamic, automated solutions for pricing, amortization calculation, asset management, tax, documentation, and integration with mission critical applications like e-mail, e-signature, and KYC credit and data providers. Leasepath is the preferred choice for equipment finance businesses to win more deals, risk less, and profit more. One of the Inc. 5000’s fastest growing companies in the US, Leasepath serves Banks, Independent Finance, Captive Finance, and Brokers across North America, the United Kingdom, and Australia. Learn more about Leasepath by visiting www.leasepath.com.
