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Xpertek mid-year update - three new clients, three different businesses


Johannesburg, 25 Jun 2014

Scania Finance Southern Africa, a division within the Scania Group, has signed a deal with Xpertek to implement an automated sales process for its branch network in SA, Namibia, Botswana and Tanzania.

Scania Finance is committed to offering its southern African clients competitive finance for approved Scania vehicles and related equipment.

Xpertek's offering will integrate to fleet management software, Fleetactiv, and streamline the referrals and sales process by pre-populating existing customer data, producing customer quotes and creating deals. Incidents will be diarised and a reporting tool will be available.

Finance house, Babereki Investments, based in Botswana, expects that Xpertek's automated end-to-end loan administration system will reduce deal application turnaround time and create a competitive advantage in customer service in its loan environment.

Xpertek's loan offering will replace Babereki's legacy system, which had a strong manual dependence.

Babereki has three branches and plans for future expansion, so requires a centralised and automated system for better management control and cash control within its branches.

The new system will incorporate receipting, insurance, settlement and arrears management, and will integrate to the ITC credit bureau. In future, it will cater for new products such as a savings component.

IP Solutions SA is the latest subscriber to Xpertek's Software as a Service (SaaS).

From its offices in Johannesburg and Cape Town, IP Solutions strives to provide businesses with cost-effective financing solutions for telecommunication devices essential to any business.

By signing up for Xpertek's SaaS service, the company will enjoy access to Acquire, Xpertek's lending technology, which will be managed and supported by an experienced team from Xpertek. The SaaS model offers an affordable and flexible solution to leasing, asset finance and loan companies.

These new Xpertek deals illustrate the versatility of the Acquire product and how it can be used in any business for any type of loan.

Xpertek's loan finance solution, Acquire, manages in excess of R5.8 billion worth of loans across its client base, is a centralised Web-based solution, which can be hosted or on-premises. Xpertek's loan finance clients include lenders in the vehicle finance, home loan and asset finance/rental market.

For further information about Xpertek's solutions and services, kindly contact Barry Leonard, CEO of Xpertek, on (011) 519 3000 or log on at www.xpertek.co.za.

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Editorial contacts

Barry Leonard
Xpertek Group
barry.leonard@xpertek.co.za