How a premium automotive brand simplified finance and lease calculation across channels

A globally recognized premium automotive brand with operations in over 20 countries wanted to make finance and lease pricing more consistent across customer touchpoints. As it moved from a traditional dealership model to an agency model, it saw an opportunity to harmonize finance and lease calculation across regions and channels from a single platform.

To support this shift, the brand built a global platform to standardize how vehicles are configured and how calculations are delivered. It then needed a partner to connect that platform with local financial services operations in Belgium and the Netherlands in a way that would support a more consistent customer experience across app, web, and showroom journeys.

The brand’s transition to an agency model required a significant update to its IT landscape. It needed a reliable way to connect its global vehicle configurator with local financial services systems, while keeping finance and lease calculations aligned across app, web, and showroom journeys.

SOFICO was selected for its expertise in connecting global and local systems, and in supporting finance and lease calculations across multiple sales channels. By building on the capabilities of SOFICO Miles Dealer Point of Sale, SOFICO helped create a more consistent and scalable setup for local financial services companies in Belgium and the Netherlands.

SOFICO helped make that possible by enabling a more standardized calculation flow between the brand’s global platform and local financial services companies in Belgium and the Netherlands through SOFICO Miles Dealer Point of Sale.

“It’s an omni-channel calculation mechanism that can be implemented in many different points of sale. Whether you are configuring a vehicle on your smartphone app, or you’re doing it on the website, or the dealer is doing it in his dedicated configuration tool; any one of these access points will be branched through that calculation mechanism” — Dominic Steur, SOFICO

The integration ensures that customers and brokers in these markets have access to consistent finance and lease calculations across app, web, and showroom journeys.

The integration between the brand’s global platform and local financial services companies helped reduce complexity across markets. By creating a more standardized way of working, it reduced reliance on market-specific calculation solutions and made it easier to align finance and lease calculations across app, web and showroom journeys.

It also makes it easier to roll out solutions from one market to another, helping the brand move faster as it continues to scale its approach.

Following the successful rollout of the initial scope, SOFICO continues to support the financial services groups in Belgium and the Netherlands, with ongoing work on features such as down payment variations, discounts, and mileage-adjusted leasing.

The solution also creates a stronger foundation for rollout into additional markets. By helping connect global and local systems in a more standardized way, SOFICO supports finance and lease calculations across channels, while making it easier to scale from one market to another.