FIS is excited to launch the fourth paper in a series of 4 articles produced in collaboration with Finativ.

The final paper focuses on the future of PPU in the Asset Finance Industry.

Some key takeaways

PPU adoption will take time:

• The adoption of PPU will take time due to the nature of sustainable solutions that meets the challenges it brings, namely, scale, costs, and technology
• One of the tricks is to deliberately start small to manage risk and control costs, allowing for retreat if necessary, but without a big loss of face.
• One area to trial is around customer retention, offering products on existing assets coming to the end of their primary lifecycle to generate additional revenue on a largely amortised asset.

Does your technology support PPU?

• A good platform will already have the building blocks in place to support the PPU offering. Combining the new usage data with data already residing in the digital ecosystem, the cost to support a PPU offering shouldn’t be high
• The cost of the platform to the PPU-provider should in some way reflect the success of the PPU product. Agile development and delivery is key, only paying for the incremental functionality that you require
• With a componentized model, FIS Asset Finance offers maximum flexibility through mobility financial products, low code tooling, open-APIs, a cloud platform and other innovative tools such as our Invoice Co-Pilot.

Please don’t hesitate to reach out if you would like to schedule a 30-minute introductory call so we can share how FIS has supported multiple clients just like you in their innovation journeys, including recent successful implementations of our PPU functionality in under 6 months.