Sydney, Australia: iasset.com, the leading provider of cloud-based automation solutions to IT channels, today announced that FlexiGroup has chosen its platform to help streamline its asset management within the FlexiCommercial Business Unit.
Since its inception, FlexiCommercial’s managed services offering has been growing exponentially. As the market shifts to an XaaS/“Everything as a Service” model, FlexiCommerical is in a unique position to captialise as one of the first movers within the industry. From IT or office equipment to machinery; hardware can be bundled with services on a consumption basis, allowing re-purchase whilst eliminating embedded leases and IFRS16 from the balance sheet.
Due to the sheer volume of devices FlexiCommercial could have funded for its customers at any point in time, it is critical that the company has a robust and scalable installed base management engine in place throughout the entire product lifecycle. iasset.com was the only solution of choice due to its flexibility, scalability, ease of use and ability to integrate into other internal systems.
Ken Richards form FlexiCommercial commented “When providing a funding solution behind a complex ‘PC as a Service’ or ‘Device as a Service’ offering from a hardware or equipment provider, it’s critical we have accurate and detailed asset tracking capabilities that not only serve our internal requirements, but provide solution providers and end users with accurate asset utilisation and cost data, which can also capture/manage data specific to their individual requirements – iasset.com allows us to do this in a detailed and granular manner with infinite scalability.”
With iasset.com, FlexiCommercial can now identify and track the location and history for every single asset with each customer, whilst also ensuring data integrity, auditing mechanisms and reporting for billing purposes. As a result, FlexiCommercial now has a thorough understanding of its portfolio of assets - no matter where they are within the product lifecycle; allowing the company to report back to its partners and service its customers more effectively.
Scott Frew, iasset.com CEO said: “We are extremely happy to have won FlexiGroup. This is our first customer engagement outside of the traditional IT channel, but proves the applicability of the iasset.com platform in any organisation managing vast amounts of individual product lifecycles amongst their customers.”
The two organisations are already exploring the possibility to further extend iasset.com’s offering to FlexiCommercial’s partners, allowing an end-to-end view for their entire ecosystem. FlexiGroup’s other Business Units may also benefit from iasset.com’s additional features in the near future.
iasset.com is the leader in revolutionizing IT channel efficiency. Its cloud-based platform automates and streamlines workflows and the management of data to reduce complexity and increase revenue for its customers. iasset.com empowers technology vendors, distributors/aggregators and value added resellers (VARs) with simplified processes and added intelligence to help achieve better business outcomes. Today, iasset.com manages over USD$10BN worth of hardware assets, software contracts and cloud contracts annually.
FlexiGroup Limited (ASX:FXL) is a diversified financial services group operating in Australia, New Zealand and Ireland. The Group offers a broad range of financial services including “no interest ever”, consumer and commercial leasing, vendor finance programs credit cards, buy now pay later and other finance solutions to consumers and businesses.
Through its network of over 24,000 merchant, vendor and retail partners the Group has extensive access to four key markets, Business to Consumer, Business to Business, Retail to Consumers (and small business customers) and online.