CEO Compagnie Generale D'Affacturage
Back in 1993, CGA was a small factoring company using an obsolete home-made IT system. Choosing iFactor from HPD was a strategic issue, allowing us to concentrate on our own business, not on technology, at a reasonable cost. This has proven to be a successful choice, CGA being now one of the top-four French factors, with an average annual growth rate regularly above 20% since 1999. In 2000, CGA decided that iFactor had to be replaced in the following years by another system that would support our evolving business needs and our growth for at least the next decade.
As professionals in our industry, we knew that delivering a state-of-the-art factoring system would require IT professional skills. Switching to Aquarius was the obvious choice, relying on HPD's functional and technical knowledge, and CGA bought a full Aquarius licence late in 2001.
Operations Director Leumi AB
The Beauty of HPD's hosted ASP system is that it grows with you, eliminating the need to invest huge sums of precious capital in systems which can quickly be outgrown
Former Managing Director AIB Commercial Services, Dublin
I have worked with HPD since 1984, when they began development of the first version of iFactor. As far as I am concerned, in its current form, it is still the best software for factoring and invoice discounting available in the market.
Managing Director Skipton Business Finance, Yorkshire
When we were planning the launch of the business, which was a major departure from the building society's traditional products, the choice of IT system was obviously a key component. The society has a tremendous reputation built up over many years, so we were concerned to obtain a well-tried and reliable solution, which would keep up the Society's image. We consulted with our in-house It department, who were very supportive of our choice of HPD and the ASP approach. The decision has paid off handsomely for us: our start up was low-cost, the system and the service has been excellent and we are ahead of our business plan in our first year of operation.
Responsable Département SOGEFACTORING, Pôle Réseau Société Générale Maroc
Launching a new Factoring business has many challenges. Our decision to implement the Aquarius system from HPD Software was an easy decision for us to make. HPD's reputation as leaders in the field of Factoring is well known and it was a real benefit to work with people who understood the business that we set out to implement for the bank. We have been very satisfied with the Aquarius product and believe is gives us an important edge in the Moroccan market. Our clients love the service we are able to provide and we look forward to launching new products and services plugged on Aquarius in the near future.
Managing Director PNC Business Credit
I have been an HPD iFactor User for approaching 20 years now, and have used iFactor for 3 new start ABL businesses, most recently using the hosted version, which has proved a very efficient and reliable method of accessing iFactor. Our business was recently sold from KBC Bank to PNC Bank, and the service we received both during the sale process, and more importantly at the completion to enable us to migrate the system to PNC was absolutely first class, and was delivered seamlessly. Our Clients have been very complimentary about the move; which is a positive reflection on the quality of our relationship with HPD Software.
Head of Business Development Nordea Finance
We underwent a thorough appraisal of the solutions available to factoring companies and, it was clear to us that, only HPD had the tools, the people and the experience to meet our needs. A common platform will support our wide range of factoring solutions
deputy managing director IFNGroup BV
Venture Finance PLC and the IFN Group are leaders in the growing and innovative area of Integrated Asset Finance, incorporating Asset Based Lending and receivables-based products. These financial facilities enable our clients to use all their business assets flexibly, easily and to their maximum effect in order to meet their specific financial needs. We therefore needed an IT solution that would manage and control the variety of business processes that are needed to underpin this important product sector and would provide the architecture that would allow the Group to continue to innovate future products in a very competitive marketplace. The IT environment also had to provide us with the essential security and functionality that will allow the business to view a consolidated financial position across the Group. These critical business objectives represented a significant challenge to any software system, but one that has been met by the technical solution provided by HPD with their Aquarius package
CEO Fortis Commercial Finance Holding NV
FCF is building one of the most sophisticated international factoring networks in Europe, capable of supporting the needs of multi-national businesses wherever they are. To do this requires an equally sophisticated IT solution. HPD's Aquarius software is the only product able to deliver what we want.
Pohjola Bank Corporate Financing Systems
Our aim is to provide more information and a better service to our clients and to make internal processes more efficient and streamlined. Aquarius will give us the ability to do this and more. We enjoy working with HPD and appreciate their skill and knowledge in our business, which they have put to very good use in the design of Aquarius. Additionally, the modern technology they have used fits in exactly with bank standards and allows us to move withthe greatest of ease to the hardware and database platforms of our choice."
COO,Close Invoice Finance Limited
Close Invoice Finance prides itself, as an independent company, in being able to build up long-term financial relationships with our clients, based on an open-minded and flexible approach. The HPD team and their iFactor software have played an important part in our successful implementation of this strategy and our strong growth since the mid-1980s and we both continue to evolve and innovate in our respective marketplaces. We aim to provide the best and we use the best.
Dyrektor Pionu Operacji i Informatyki PKO BP Faktoring, Polska
PKO BP Faktoring SA implements HPD's Aquarius software solution to be at the forefront of the Polish factoring industry. PKO BP Faktoring had a very tight time to market deadline, but with both partners working together we achieved a record time of 6 weeks from installation to going live.
Operations Director Santander Invoice Finance
Santander had been looking for an appropriate data extraction tool for some time, to enhance both its client user experience and bolster its risk management process. Partnering with HPD made eminent sense in view of our longstanding relationship and high levels of service enjoyed through the provision of iFactor to our business. Gemini has delivered fundamental control and transparency of our clients data whilst at the same time improving efficiency for both our clients and Santander.