SaudiArabiaPR.com, Online Press Release from Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina
 
Business, Banking and Investments(Banking & Investments)
Filter PR by
  
Saudi Arabia's AutoWorld Goes Live with Infor CloudSuite Equipment
 

Auto-leasing pioneer standardizes business functions to tap $560 million market with the help of Infor Consulting Services
 
 
 DUBAI, UAE – November 4, 2021 – Infor, the industry cloud company, today announced that Al-Jazira Equipment Co. Ltd., (commercially known as AutoWorld), and part of SEDCO Holding, a pioneer in auto leasing in the Kingdom of Saudi Arabia, has completed its deployment of Infor CloudSuite Equipment and Infor People Solutions to help spearhead its digital transformation supported by Infor Consulting Services and running on Amazon Web Services (AWS).
 
 
Infor CloudSuite Equipment will help support AutoWorld’s new digital transformation project, SWITCH, which is designed to accelerate the digitization of its business processes, particularly those related to operational leasing and maintenance of its fleet of vehicles, to achieve best practices across the board. AutoWorld will now use Infor’s solution to get an intuitive and streamlined approach to leasing management, such as a single entry point to manage the complete leasing flow: from quotations through to contract, vehicle dispatch, return, and invoicing — with built-in support for complex pricing, discount scenarios, bulk leasing, and more.
 
Moreover, AutoWorld will use Infor’s solution to standardize key business functions across its operations in Saudi Arabia with the aim of building a more effective workforce and delivering enhanced customer acquisition and retention.
 
This multi-tenant cloud deployment, running on AWS, is important in Saudi Arabia’s fast-growing auto sector, where the value of the vehicle rental market is expected to reach $641 million in 2023 from $560 million in 2020, according to research from Statista. The auto market is also experiencing significant expansion following the country’s decision in 2018 to allow women to drive. 
 
AutoWorld is headquartered in Al-Khobar and has offices throughout Saudi Arabia, covering all major commercial and industrial cities.  
 
“We’re focused on digitizing our business in line with Saudi Vision 2030 and the National Digital Transformation Program, with the aim of simplifying, standardizing, and transforming our business practices to deliver best-in-class services to our clients as highlighted in our recently developed business strategy, Shift 2025,” said Tariq Khoshhal, CEO of AutoWorld. “The depth and breadth of Infor's CloudSuite Equipment solution will help us become even more competitive through the increased visibility of critical business information, the smooth flow of data between departments, and streamlined business processes across all of our offices. This September we launched operational leasing to individuals and now Infor CloudSuite Equipment will support us in this B2C business as well.”
 
“AutoWorld is looking to transform several client service areas including improved after-sales service and customer care to provide an edge in an increasingly competitive market, but which also holds immense growth potential,” said Amel Gardner, VP and general manager, Infor Middle East & Africa. “Infor's CloudSuite Equipment solution helps provide flexibility to manage mix-mode and complex environments, while also giving the agility and scalability required to prosper in Saudi Arabia's thriving private sector.”

 


Posted by : Saudi Arabia,Riyadh, Jeddah, Dammam, Meccca and Medina PR Network Editorial Team
Viewed 14384 times
PR Category : Banking & Investments
Posted on : Thursday, November 4, 2021  12:28:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of SaudiArabiaPR.com.
Previous Story : New Executive Report from IDC Examines the Progress Being Ma...
Next Story : Illegal Data Collection and Financial Data Theft are Major W...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Big Crown Pointer Date Calibre 403 [7726-Views]
Pandora and World-Renowned Author, Nadia Owusu, Release a Collection of Festive Stories to Celebrate... [7250-Views]
The Trendiest Eyewear Gifts This Festive Season [7096-Views]
The Art of Ceramic [7077-Views]
ASTRONEF is a New mechanical Masterpiece Presented by Ateliers Louis Moinet [7049-Views]
Mouawad Launches Festive Season Campaign Featuring the Mouawad Timeless Collection [6537-Views]
LG Honored With 24 Awards for Innovation Ahead of CES 2022 [6472-Views]
Follow Your Own Style Direction: Star Wars™ x Pandora [6374-Views]
A Sparkling Statement for Every Loved One from Pandora [5992-Views]
Oris Celebrates the Festive Season with Rectangular Classic [5885-Views]
Bedecked with Opulence, Encrusted with Elegance and Glazed with Sophistication [4629-Views]
Pat McGrath Labs Inspiration. Innovation. Obsession. [4398-Views]
Oris- The Right Angle [3557-Views]
Tata Communications and Zain KSA to bring Smart City Solutions to Saudi Arabia [3243-Views]
First Technology Event in 2022 in Dubai Opens with a Resounding Success [2909-Views]
Smart Technologies Signs Partnership Accord With Saudi Arabia's TETCO to Drive Kingdom's EdTech Digi... [2343-Views]
@HACK, The Region's Biggest ever Cybersecurity Event, makes Saudi Arabia The Centre of ICT Security [2261-Views]
LG'S GAMING COMEPTITION CONCLUDES WITH ULTIMATE GRAND PRIZE WINNER [2259-Views]
Shaza Riyadh Welcomes Families with Exciting Staycation and Vacation Offers [2220-Views]
Shenzhen Brand Products Exhibition Come to Dubai Physically on January 2022 [2089-Views]
 
RSS Facebook Twitter LinkedDin SaudiArabiaPR.com on Instagram
 
Top Sections
 
Top Stories