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The Role of I.T. In Full Operational Leasing Shoaib Sheikh – European MD Bynx Europe Limited 23 rd October 2008

The Role of I.T. In Full Operational Leasing

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The Role of I.T. In Full Operational Leasing. Shoaib Sheikh – European MD Bynx Europe Limited 23 rd October 2008. Who are Bynx?. A leading business solutions and software supplier to the global automotive leasing sector. Romanian Development Centre. Mature Modular Product. CEE Presence. - PowerPoint PPT Presentation

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Page 1: The Role of I.T. In Full Operational Leasing

The Role of I.T.In Full Operational Leasing

Shoaib Sheikh – European MD

Bynx Europe Limited 23rd October 2008

Page 2: The Role of I.T. In Full Operational Leasing

Who are Bynx?

A leading business solutions and software supplier to the global automotive leasing

sector.Mature Modular Product Romanian Development Centre

Multi-lingual CEE Presence

Page 3: The Role of I.T. In Full Operational Leasing

Global Presence

USA

Australasia

Africa

Europe

United Kingdom

Deutschland

France

Nederland

Portugal

España

Slovensko

Sverige

Kypros

Ceska Republika

Italia

Polska

Sydney

Melbourne

Suid Afrika

Zimbabwe

Uganda

Kenya

Zambia

Cincinnatti

Page 4: The Role of I.T. In Full Operational Leasing

Agenda

• Current Situation• Key Performance Indicators (KPI’s)• Modern Software• Customer IT Transformations• Adoption of IT• Conclusion

Page 5: The Role of I.T. In Full Operational Leasing

Traditionally

• Legacy Systems– Grown up over time– Different technology– Duplication of data

• Heavily supported by spreadsheets

• Good ‘shop window’!• Activities in silo’s• People reliant

– High head count ratio.

Page 6: The Role of I.T. In Full Operational Leasing

KPI’s - In Today’s World

• Asset value under management

• Enquires/Quotes/Order• Ratio of vehicles per employee• Profit per contract/vehicle• Vehicle Residual Risk• Managing Resale Value• Whole Life Costs / TCO• What is my vehicle doing?

What is it costing me?

Page 7: The Role of I.T. In Full Operational Leasing

Benefits of IT – Modern Software

• Efficiency• Integration of Processes• Accessibility to 3rd Parties• New Products and Processes• Compliance• Reporting• Speed• In-life Management• Customer & Supplier Experience.

Page 8: The Role of I.T. In Full Operational Leasing

Reporting Dashboard

Through the use of a Portal or Portlets.Real-time accessto databases

Page 9: The Role of I.T. In Full Operational Leasing

Self-Service

Customers

New Business

Drivers

Suppliers

Customer Services

Account Handling

Call Centre

Fleet Administration

Vehicle Acquisition

Business Support

Systems

Finance

Risk

Product

BynxFleet - Total Solution

Page 10: The Role of I.T. In Full Operational Leasing

• Ability to win new business (1:8)• Quote to Order throughput (25k-2wks)• Cost efficiency – 35–50%• Contract Amendments – 2 days!• 160 quote turnaround (33%)• Transition from in-house to external • Multi-country & acquisitions• FSVL for LVC & HGV• 3 x Vehicle growth (500 > 2000)• Turnover 2m > 12m.

Customer IT Transformations

Page 11: The Role of I.T. In Full Operational Leasing

Adoption of I.T.

• Part Process– Front Office– Back Office

• In-House Servers / Hosting.

Page 12: The Role of I.T. In Full Operational Leasing

Conclusion

• New Product & Services• Scaleable• IT Liberates• Vision.