Germany joins Belgium and the Netherlands in adopting SOFICO’s Miles Enterprise at BMW Financial Services
The platform’s unique single-template design ensures rapid deployment across multiple markets, delivering consistency, compliance, and operational efficiency. This translates into tangible customer benefits: instant credit decisions, fully paperless processes, and seamless, 24/7 digital interactions – reducing approval times for contracts from days to minutes. Implementation officially kicked off on July 1, 2025, with the first phase of the joint project.
Wim De Bruyne, CEO of SOFICO, stated: “We’re proud to extend our collaboration with BMW Financial Services into the German market. With our single-template approach, BMW Financial Services Germany will be able to streamline dealer and retail operations, improve process consistency, and swiftly introduce new service bundles. This partnership reflects our shared commitment to customer-centric innovation and operational excellence.”
” With our single-template approach, BMW Financial Services Germany will be able to streamline dealer and retail operations, improve process consistency, and swiftly introduce new service bundles. “
With the new partnership, SOFICO Miles Enterprise supports BMW Financial Services Germany’s strategic response to rapidly evolving customer expectations, rising demand for comprehensive digital services, and the need to achieve greater cost efficiency through increased automation. Following successful deployments in Belgium and the Netherlands, Germany is now the third BMW Financial Services market to implement SOFICO Miles Enterprise.
About BMW Financial Services
BMW Financial Services operates in over 50 countries worldwide through subsidiaries and partnerships with local financial institutions and importers. With nearly 8,500 employees, it is one of the leading financial service providers in the automotive sector. In 2024, the Financial Services segment achieved a pre-tax profit of €2.53 billion. Nearly every second a new BMW and MINI vehicle is financed or leased through BMW Group Financial Services.
