has placed products focused on front-end origination processes high
on its agenda.
specialises in asset finance pricing and quotation solutions, has
introduced a new suite of services for business origination.
One of these, FieldEPOS, is a new
browser-based Electronic Point of Sale (EPOS) solution which
provides an access-anywhere mobile capability for capturing
proposal data for submission. These can be submitted either to
Field Solutions’ new proposal management system, or to any
third-party system, according to the company’s managing director,
The other key product, FieldNet, is
an upgrade of the lease software company’s previous BrokaNet
functionality, and will provide a new generic proposal management
Both FieldEPOS and FieldNet are to
be used by vendors and brokers when proposing finance deals to
Field Solutions is also enhancing
its pricing tools – in which it has 15 years experience – with the
introduction of FieldCell.
This is a subset of the company’s
flagship Freehand functionality, a heavily used pricing tool for
the asset finance market which has some 10,000 users and 130
customers, including banks, lenders and brokers.
According to Booth, FieldCell will
offer a similar functionality to Freehand, but be delivered via a
The pricing tools are also being
modelled to account for recent changes in consumer credit
legislation, corporation tax and capital allowances.
Meanwhile, Booth said that the new
framework aims to increase the scope of its products offered.
“We have recognised that we have a
mature business on one side, which is pricing, and a very new
growing business on the other, which is dealing with proposal
management front-end distributive system,” Booth added.
Field Solutions is investing in the
proposal management area as it expects this to grow considerably in
the next years, while “the pricing side of the business is a very
mature market or even a shrinking market today, as banks fold up or
join together”, Booth said.