DLL
Dutch banking giant De Lage Landen (DLL) has implemented
financial systems provider APAK’s WFS stock funding system, which
will fully replace current third party software over the next three
months.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The wholesale and inventory finance application will fully
automate DLL’s stock funding operations across specialised
industries such as agriculture, office equipment, construction,
healthcare, and transportation in over 30 countries.
Peter Johnstone, DLL’s general manager of Commercial Finance for
Europe, praised WFS’ “multi-national functionality” for giving DLL
the ability “to support local dealers’ specific country
requirements for floorplanning and inventory finance throughout
Europe”.
The software is designed for facilitating high volume unit
processing, and should reduce overheads involved in providing
dealers with stock funding services.
DLL’s UK offices are already running WFS, and it will soon be
implemented in Germany and Spain. Following DLL’s implementation
APAK now has live operations in Denmark, Finland, Germany, Norway
and the Republic of Ireland, as well as the UK.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
