“ease-elease is hard to beat as a method of managing your own business portfolio” Case Study Name: Rob Simcock Company: DMC Business Machines “The atmosphere is buoyant at DMC Business Machines as the company goes from strength to strength, partly,” says Sales Director Rob Simcock, “because of its willingness to embrace new web based solutions such as ease-elease from Siemens Financial Services.” “I can keep an eye on what the sales people are doing. If With strong sales and a 98% customer retention rate, DMC Business Machines were looking for ways to consolidate business growth and were keen to use Siemens Financial Services’ new web based leasing solution. Launched in February 2001, ease-elease has already created a thriving eBusiness community and has accurately processed more than £150 million of leasing applications to date. Rob Simcock, Sales Director of DMC, assesses its usefulness. there are weaknesses in anyone’s way of working, it’s very DMC Business Machines sells and leases digital photocopiers, networked digital imaging solutions, plasma screens and other office equipment to companies throughout the UK. Seventy percent of its business is backed by leasing agreements, principally with Siemens Financial Services (SFS). improvement. Nobody feels ‘big brother is watching you’. “SFS gets the first bite of the cherry” says Simcock, who heads up the company’s two direct sales teams, one in Manchester, the other in Croydon. “Their rates are extremely competitive and they also give us good service. But to be honest, we can get that from most finance houses. The difference is that SFS are now offering a fast, easy to use on-line leasing facility as well, and this is helping us to streamline the way we do business. Given the reluctance of some business equipment easy for me to spot. ease-elease can show us what people are attempting to do and why they’re not performing. There may be training issues to be addressed and if so, we can get onto that right away and identify strategies for That isn’t how we operate. We work as a team and we’re interested in increasing sales by all means possible.” suppliers to investigate how eBusiness solutions could grow sales, how would Simcock persuade others to get on-line? “It hasn’t been plain sailing in this industry, that’s true,” he says. “One of SFS’s competitors came up with an on-line “Until 8 months ago, we were putting proposals through one of their competitors. offering, but quite frankly it didn’t work. It took ages to In August SFS came back into the frame with a demonstration of ease-elease. We load and you had to key in all the information yourself. were convinced that it was the way forward and switched the bulk of our business ease-elease is a different story, you just put in the company to SFS straight away. We had been waiting for one of the leasing companies to name or the postcode, for example, and the system come up with an on-line offering and we were keen to get on board.” completes the rest of the information in seconds. It’s a Instant reporting means better portfolio management huge time saver. Training is not an issue. It only takes about 15 minutes to get the hang of it and it’s very While ease-elease offers a variety of different tools for finding, winning, writing intuitive. In terms of technical support, we’ve had very and managing business, Simcock singles out portfolio management as the most little call to contact either the on-line team or the telephone useful feature. helpdesk.” “ease-elease gives us immediate access to all our own data and you can come at it Information rich ease-elease has all the answers from so many different angles. It gives us a much better handle on the business “When we run a credit check, ease-elease can often give a as a whole. This is instant reporting - something we’ve never had before - and result within 90 seconds. That’s a real breakthrough in something you certainly can’t get on the phone.” terms of getting the proposal processed in record time. “I can see how many proposals we’ve made this month, how many have been accepted, who’s propped what, plus the total value – all at a glance. You get written confirmation by email immediately and if the answer is ‘no’, we can track the reason and see if it’s worth pursuing. If not, we say goodbye, and move on. It’s as simple as that.” I don’t have to issue a request and wait for people to get back to me. I can work at home in the ease-elease users can also explore the sales opportunities evening if I want to, which makes it doubly created by ease-elease’s new business prospecting tool, a convenient.” vast database containing around 2 million records of UK organisations, with a wide range of search criteria. Used When it comes to monitoring the performance to the full this facility can be ‘mined’ for valuable of individual team members, Simcock information and users can drill down for more also praises the new application. detail,whilst in the process of generating proposals. “Yes, of course, all this information is available elsewhere, but it wouldn’t necessarily be updated daily as this is and it certainly wouldn’t be free. We regard this part of the site as a valuable resource and will use it more in the months to come.” ease-elease community continues to grow ease-elease features Determined to provide a best in class eBusiness The ease-elease interface can be customised to suit your application, Siemens Financial Services are committed to a business, offering easy access to those business tools programme of continual improvement for ease-elease and which you will use most frequently. are making sure that it evolves in a way which will guarantee increased profitability • Secure and business efficiency for its users. To this end, all members of the development team are in regular contact with their on-line community to harness their ideas and implement suggestions on how the system can be • Proposal generation • Rate calculator • Automatic underwriting • Proposal tracking improved. “Obviously, there’s still work to be done,” says Simcock, “but the ease-elease team do listen to suggestions on how we can get the best out of the system. The system • Instant upgrade figures • Document printing • Email progress reports changes all the time and the company appears to value our input. Already, easeelease is a core part of our service to • Searchable database of UK companies customers and is certainly the best offering so far from a leasing company.” • Document library “At the end of the day,” concludes Simcock, “the price of • Training tools finance is important but it’s not the be all and end all. SFS have given us a useful additional tool with which to build our business in a manner that will be mutually rewarding. • Business links and resources At the moment they’re the only finance providers who have achieved this.” To find out more Siemens Financial Services Limited For further information Townsend House, E-mail: info@sfs-uk.com 160 Northolt Road, Harrow, Middlesex HA2 0PG Tel: 020 8422 7101 Fax: 020 8422 4402 www.siemensfinancialservices.co.uk or visit www.ease-elease.com