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Diversified Financial Selects IDS Asset Finance Technology to Support Growth

Monday, June 24, 2019   (0 Comments)
Posted by: IDS | Asset Finance Technology
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Diversified Financial Selects IDS Asset Finance Technology to Support Growth

Leading Agricultural equipment finance company to implement IDS InfoLease® and Rapport® for end-to-end lease portfolio management

MINNEAPOLIS, MN, June 25, 2019 — IDS, a leading provider of asset finance and origination technology, announced today that Diversified Financial Services (”Diversified”) has selected IDS InfoLease portfolio management and Rapport origination platform to provide end-to-end management of their asset finance portfolio. A leading provider of leasing and loan solutions to the agricultural sector, DFS will leverage the IDS platform to support its ongoing strategy to provide personal, relationship driven support to customers.
 
“Diversified selected the IDS platform because it aligns with our mission – to provide efficient and timely processes and superior personal service to our customers”, commented Jeff Focht, Diversified President. “IDS demonstrated they could provide the scalability, reliability, and operational efficiency we need to support our growing business and to provide the right set of tools we need to support the needs of our customers”.

Headquartered in Omaha, Nebraska, Diversified Financial is a dynamic financial services company that provides retail financing, leasing, and insurance programs for the agricultural industry. For over 50 years, Diversified has focused on building long-term relationships with their customers in the agricultural industry.  Diversified has partnered with IDS to provide the underlying technology platform to support Diversified’s efficient and streamlined approach to delivering their lease and loan products from origination through the full lifecycle of the contract.

“Diversified’s focus on customer experience represents the type of mindset that drives our product innovation”, stated David Hamilton, IDS CEO. “Our ongoing innovation in building a world-class portfolio management and origination platform centers on supporting our customers’ current and future technology needs. We are excited to be working with a company who values customer relationships and has selected a technology platform to enable the efficient and timely delivery of financial solutions to their customers.”

IDS InfoLease is recognized globally as a leading solution for portfolio management. The product offers standard accounting formulas, calculations, and reports that have been perfected through decades of audit scrutiny. InfoLease supports all contract structures, including tax and non-tax leases, leveraged leases, loans, conditional sales contracts, floating rate, and revolving accounts. Key features — such as an open architecture, streamlined access to data and webservice based integrations to an ecosystem of third-party services— simplify compliance and help banks, captives, and independents of all sizes grow their enterprises and support the changing needs of their customers.

About IDS
Leading asset finance enterprises build their businesses on full lifecycle solutions from IDS. Our software streamlines the entire asset finance process from origination, to portfolio management, to end-of term. Our new cloud-based offerings integrate into any asset finance ecosystem. The scalability, flexibility, and economy of our cloud solution makes IDS best-in-class asset finance software accessible to banks, independents, and captives of all sizes. Headquartered in Minneapolis, MN, the company also has offices in the United Kingdom, Australia, Singapore and India. For additional information, visit www.idsgrp.com or email information@idsgrp.com.

Media Contact: Ray Wizbowski – rwizbowski@idsgrp.com


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