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CIT’s FlexAbility Solution Integration Brings New Capabilities for Dealers

July 19, 2018, 07:15 AM
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Topic: Industry News

CIT Group Inc. announced the integration of its FlexAbility solution with ECi’s e-automate software product.

CIT’s FlexAbility solution gives manufacturers and dealers the ability to structure what they sell, how they charge for it, how invoices are presented and how data is exchanged with CIT from credit application through account servicing.

For office imaging dealers on ECi’s e-automate platform who finance customer purchases through CIT, the integration means their software now can automatically communicate data for accounts receivables, usage billing and periodic maintenance charges.

“We are seeing very strong demand from dealers for technology integration with ECI’s e-automate,” said Michael D’Errico, CIT commercial leader for the Office Imaging team in CIT’s Equipment Finance unit. “Integration lowers the dealers’ operating expenses and, more importantly, it improves customer experience, particularly for managed print and cost per copy deals powered by our FlexAbility offering.”

Nearly 100,000 commercial financing customers, including customers of vendors in the technology and industrial markets, are serviced through the FlexAbility solution.

The Equipment Finance unit is part of CIT's Business Capital division and works with manufacturers, franchisors, distributors, resellers, dealers and systems integrators to finance their equipment, software and services to commercial customers.

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