WebcastsWhen, how and why should auto and equipment finance lenders deploy AI? Tuesday 27th May 2025 1:00pm UK Time
Webcast ReviewsStimulating demand for BEVs in the UK and Europe: a complex challenge of cost, confidence and consistency
Corporate Member AppointmentsTime Finance appoints Head of Sales (South) for invoice finance division
Technology Sponsored by Technology Novuna Business Finance solves the automated feed conundrum Published: 21st October 2022 Share Novuna Business Finance has started using Workato, an enterprise automation and integration platform to solve its automated feed cycle conundrum. This relates to the receiving of customers stock inventory information, in particular data formats, and allows Novuna Business Finance to simultaneously improve controls, data security and customer support. By embracing Workato’s automation features, Novuna Business Finance can offer an automated feed solution to its customers that works in parallel with Sopra Financing Platform’s wholesale solution. The integration of Workato delivers: A ‘one-stop-shop’ feed design and set-up Quicker implementation times – from signed deal to live facility Manipulation and formatting tools which make the upload and transfer of data much simpler for the customer, removing the need to involve external feed design parties The flexibility to securely receive data in a variety of formatting – data can be received, split, compared, verified, re-ordered, collated and uploaded. Once the required information is included, the data can then be transformed into the format uniquely required for each customer’s funding to be processed Enhanced support capabilities as Novuna Business Finance have full visibility of the data received and can request what changes need to be made to the data directly Chris Powell, Sales Manager – Manufacturer and Dealer commented: “As a business, customer service is at the heart of what we do. We are always looking for developments that are going to improve our products and Workato was a fitting choice due to their extensive experience with the Sopra SFP-Wholesale platform, manufacturer and dealer systems, and the automated funding process overall. “Our investment in the Workato enterprise automation platform means we can enhance our offering to our current customers but also open up opportunities for our prospective customers.” Lisa Laverick Editor - Asset Finance Connect Sign up to our newsletter Featured Stories Technology78% of global businesses turn to AI to strengthen fraud defences, new report finds Corporate Member TechnologyLloyds chooses Moneyhub for data categorisation Corporate Member TechnologyAllica Bank signs up to Acquis Lumia