Banque PSA Finance, the finance arm of PSA Peugeot Citroën, is implementing the Miles software solution from Sofico in four countries to future-proof the services it provides to fleet customers and dealers.
The Miles application has initially been integrated into Banque PSA Finance’s IT landscape in France, with a roll-out into the Benelux – Belgium, Luxembourg and Netherlands – expected to start shortly.
Go deeper with GlobalData
According to the company, it decided to migrate to the new generation Miles solution because of the changing financial and service requirements of its fleet and dealer customers. It also needed to meet new reporting requirements, including financial accounting, following its joint venture with Spanish financial institution, Santander.
Gémar Hompes, managing director at Sofico, said: "Naturally, we are delighted to welcome Banque PSA Finance to those of our European fleet customers who have successfully migrated to Miles.
"The implementation presented a number of challenges and represented a great team effort from our new French division, which we formed specifically for this purpose following the acquisition of Car Systems last year. We now fully expect to carry out more implementations with customers in the region as a result."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
