Canon Financial Services (CFS) says it has achieved its strongest new business year, crediting a software partnership with asset finance technology provider Odessa as a key driver of its success.
CFS, which provides financing for businesses and local governments across the U.S., offers competitive financing programmes to manufacturers, distributors, and equipment dealers. These efforts aim to enhance inventory levels and sales opportunities. The partnership with Odessa enabled CFS to streamline its operations by integrating originations, servicing, and remarketing into a single platform, improving overall business performance.
Go deeper with GlobalData
“The selection of Odessa has really been a game-changer for CFS,” said CFS President Dominic Janney. “Projects that would have taken six months prior to our conversion to Odessa now take six weeks. Strategically, a lot of the things we’re thinking about today wouldn’t be possible without Odessa. Odessa helps enable us to control our destiny.”
Thanks to the Odessa partnership, CFS attributed much of its recent success to the new markets it could enter.
Odessa CEO Eric Bernstein commented, “We congratulate CFS on their great year. We appreciate Dominic’s kind words and admire Canon’s strategy of embracing change to drive its business forward. We’re glad to contribute to their success in any way we can.”
Canon Financial Services is a subsidiary fully owned by Canon U.S.A., Inc. It was established in 1979.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
