Komatsu Australia Corporate Finance Pty Ltd: Our users have found it easy to use

Data: 2024.03.29

James Dwyer,  managing director at Komatsu Australia Corporate Finance Pty Ltd (Komatsu Finance) has shared his insights on a recent project where they’ve implemented SOFT4Leasing software into their business. Read all about it in this short interview:

What is Komatsu?

Komatsu is a global manufacturer and distributor that provides essential earthmoving equipment, technologies and services to the construction, mining, energy, government, waste, and quarry industries. Komatsu creates value through manufacturing and technology innovation to empower a sustainable future where people, businesses and our planet thrive together.

Komatsu Finance is Komatsu’s in-house vendor finance business responsible for assisting customer finance the acquisition of new and used Komatsu equipment in Australia and New Zealand. Our business was created in 1996 and now has over AUD1billion in assets.

Komatsu Finance has been working with SOFT4Leasing since: 2023

You can read more about Komatsu at: https://www.komatsu.com.au/support/komatsu-finance

What kind of leasing operations are done by Komatsu Finance?

We provide finance for Komatsu earthmoving equipment in Australia and New Zealand.

The finance products we offer are: finance lease, operating lease, hire purchase, and chattel mortgages in Australia, and operating lease and hire purchase in New Zealand.

What was the reason for choosing new software to handle leasing operations?

The search for a new leasing system was precipitated by our previous vendor’s decision that the front and back-office leasing software packages that we were using were not part of their “go to market” product offering going forward and that, in time, the vendor was going to curtails support for the software products we were using.

What influenced your decision to choose SOFT4Leasing?

  • Value for money
  • Responsiveness
  • Level of engagement
  • Single database and ability to integrate with Business Central for accounting.

What about SOFT4Leasing do you like best? What business goals has it helped you achieve?

  • SOFT4Leasing and Business Central offered a single integrated platform to manage our business on
  • The developers at SOFT4 built almost everything that we specified.
  • Our users have found it easy to use.

What results were reached after the implementation?

The system went live on schedule and within the allocated budget. There was no interruption to our customers or business, and the data migration was reconciled error-free.

The acceptance of the new system by our internal users has been enthusiastic and quicker and smoother than we expected.

Komatsu Finance now runs its business on one integrated platform removing the need to interface between systems at the end of each month.