“Leasing needs to develop a more transparent, customer centric approach as digitisation, regulation and changing customer approaches to finance reinvent, or disrupt, depending upon your view, the leasing landscape. New technology needs to help the leasing sector to bridge the experiential gap that exists in large parts of the market,” this is the view of fintech software experts Copernicus’ MD Allen Jones.
Leasing has become increasingly popular over recent years with the rapid expansion of SME businesses viewing it as a smart funding option, now joined by a growing number of consumers switching to leasing their cars as part of the trend to usage of their cars, rather than ownership. However, right across the industry, the customer buying experience falls short of the type of accessibility and transparency available in personal loans, Hire Purchase and Personal Contract Purchase.
Copernicus which has forged a strong reputation for its smart, plain English tech over the last 36 years, has developed what Jones sees as an ideal way to bridge the gap as he reflects;
“Whether as a business or as a consumer, customers want ease, speed and transparency. An inability to provide a full and accurate leasing quote in seconds creates a sub-optimal customer experience, that often sees a sale stall before it has ever really started. JukiAPI bridges this GAP. It is an elegantly simple ‘plug & play solution, that in installation and affordability is as true as the offer that it provides leasing providers; it is easy and affordable.”