Asset finance software solutions provider LTi Technology Solutions, an international provider of asset finance software solutions, is introducing its ASPIRE cloud-based system to Propel, one of the UK’s largest independent finance houses.
Using the technology enables Propel to drive operational efficiencies and meet future growth objectives.
Propel, formerly Henry Howard Finance Group, will automate core business processes and improve decision-making through real-time insights and reporting.
During its 20-year history, Propel has supported more than 40,000 customers, providing asset finance for business-critical equipment.
Anne Williams, chief operating officer of Propel, said: “We were seeking a pioneering lease administration system that was configurable and scalable, and would provide the agility to serve our business for many years to come.
“We selected ASPIRE both as a result of these key advantages and the dedication and commitment of LTi’s team in creating the optimal solution for us over the long-term.”
LTi Technology Solutions provides software and services to equipment finance companies throughout North America and the UK from its US headquarters.
Bryan Hunt, senior vice-president and CRO of LTi, said: “Propel understands that agility and efficient operations are linked to business growth. This is especially important in the asset finance industry with constant market changes and the need to react quickly.
“ASPIRE in the LTiCloud provides Propel with the foundation to expand and focus on operational excellence. We are excited to continue our partnership with Propel and support its digital transformation.”
