Solifi, a global fintech software provider for secured finance, has announced that Canadian Kawasaki Motors Finance Corporation (CKMFC) has successfully migrated its Canadian operations to Solifi Wholesale Finance. This move extends Solifi’s reach across North America.
The deployment follows the successful implementation of the same solution by KMFC US in 2021, which transitioned 1,700 dealers and 53,000 loans from a legacy mainframe to a modern SaaS platform. CKMFC observed the benefits achieved by the US branch, prompting the adoption of the same platform to enhance its services and relationships with dealers by offering more competitive rates.
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“It has been an absolute pleasure to help KMFC expand its usage of Solifi Wholesale Finance across North America following the favourable results of its US implementation,” said Bill Noel, Chief Product Officer at Solifi. “Our established relationship with KMFC meant we had a unique understanding of their business needs, implementing a solution that addresses key pain points and facilitates growth. We look forward to continuing to support KMFC’s expansion goals.”
The upgrade ensures full integration with CKMFC’s core enterprise resource planning (ERP) software, providing end-to-end visibility, enhanced order-processing procedures, new credit capabilities, and improved loan onboarding.
Octavio Villegas, Director of KMFC, stated, “We are pleased to have Solifi as a business partner and to be a key part of the expansion of our business and look forward to servicing our Canadian dealers.”
CKMFC’s dealers can now manage their loans through a self-service web portal, offering a better user experience and reducing the need for manual processing. This technological advancement enables CKMFC to concentrate on business growth, confident in the capabilities of Solifi’s platform.
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