Sany Capital USA (a subsidiary of Sany Group) recently selected IDS, a provider of asset finance and origination technology, for its IDScloud platform for asset finance. Sany, the 5th largest heavy equipment manufacturer globally, selected IDScloud based on both the functional strength of the solution and the ability to move quickly from their existing asset finance accounting system. With IDScloud, Sany now has the ability to streamline portfolio management operations, respond to new market opportunities, and accelerate their business plans.

"We needed to move quickly to ensure we had the right system in place to support our aggressive growth goals," said Dean Waters, president of Sany Capital USA. "After looking at our options, IDScloud was the only system which met our functional needs, both now and as we expand, and could deploy quickly. Now that we are live, the IDS team provides ongoing comprehensive management of the system allowing my team to focus on what we do best — growing our business."

"The strength of IDScloud is its ability to support the entire spectrum of asset and equipment financing firms, including high-growth companies like Sany," said David Hamilton, CEO of IDS. "We value the opportunity to partner with Sany to quickly migrate their portfolio to our SaaS solution and to provide them with a system designed to scale with their business. Implementing Sany in just 10 weeks demonstrates the power of the IDScloud platform and our ability to provide unparalleled time-to-value to our customers."

IDScloud is a 100 percent SaaS solution which offers the full capability of IDS' market leading Rapport origination and InfoLease portfolio management solutions along with integrations to an ecosystem of leading third-party services including credit bureaus, e-signature, CRM, sales tax, insurance and payments. In addition to onboarding new customers in a short amount of time, the solution is highly configurable and allows customers to adapt quickly to changing sales and servicing needs in their front, middle and back office. IDScloud provides comprehensive support for a full range of asset classes, deal sizes and deal types. With IDScloud, customers only pay for what they use, enabling the solution to scale in line with customer growth and as their business requirements change.

For more information on ISDcloud, visit www.idsgrp.com.

Today's top stories

Florida's Sarasota Bradenton International Airport Sees $105M Terminal Expansion

Louisville Pump Station Receives $230M Update

Rokbak Haul Track Telematics Boost Uptime With Proactive Maintenance

SISO Air, InTerra Form Strategic Reseller Agreement

Hitachi Construction Machinery Wins Silver in 2024 Anthem Award

Balfour Beatty's Carolinas Operations Selected for Over $36M in Special Project Works

Caterpillar to Spotlight 'Next 100 Years' at CES 2025

Liebherr to Exhibit at World of Concrete 2025