19.11.2021

VIEWAPP is a premium partner of the "Vehicle Leasing and Special Vehicles" conference

The 7th annual conference "Vehicle Leasing and Special Vehicles - 2021" took place on 19 November, 2021 under the aegis of the United Leasing Association (OLA), a member of the European Confederation of Leasing Associations (Leaseurope).

OLA is the largest Russian professional association of leasing industry participants, whose business volume accounts for about 80% of all official leasing in Russia. One of the main objectives of the UNITED LEASING ASSOCIATION is to represent and defend the interests of the leasing industry including at the state level as well as to form common standards for doing leasing business.

The exclusive conference on prospects and trends of auto and leasing industry took place in online format, which became habitual and enabled representatives of more than 500 organisations from different fields related to leasing business to join discussions:

- Leasing companies themselves (more than 80 representatives);

- Suppliers, dealers as well as special equipment and vehicle manufacturers (60+);

- Users of car leasing (car sharing, taxi, transport, logistics companies);

- Companies associated with the formation of market infrastructure, etc.

Consolidation of the representatives of the leasing and car leasing industries allows to analyze the current situation in detail and make forecasts for 2022 based on key drivers of the market and strengthening trends of the future.

Alexander Fokin, co-founder of VIEWAPP and Head of Germany branch, was a speaker at the conference, presenting VIEWAPP's innovative technology for next generation leasing asset inspections - independent, remote, protected inspections with pre-defined scenarios, which go straight to the experts for further regulatory procedures.

The introduction of innovative VIEWAPP technology in the monitoring and evaluation of leasing objects correlates with one of the general aims of the UNITED LISING ASSOCIATION - the uniform standardisation of leasing transactions. The advantage of choosing VIEWAPP technology is that it is already well established in various leasing companies (e.g. Siemens Finance, Sber Leasing, Delta Leasing etc.) and has become the new service standard. VIEWAPP, as an emerging technology, has allowed firms to re-engineer their whole business through process redesign and optimisation as a result of the savings generated by the new technology.

With VIEWAPP there is no need for onsite specialist staff to monitor leases, and in-person inspections are a huge cost factor in running a business. Remote inspections, protected by photo and video, transform the inspection process into a fast, high-tech procedure with clear phases and control points, eliminating many redundant processes and digitizing the remaining ones.

The leasing industry is one of the most responsive and reactive industries, as it is already abundantly clear that the economic impact of digitalisation will not only allow it to stay afloat, but will also increase its efficiency and therefore its revenues many times over. This, in turn, means that the priority for development will shift to digitising processes as soon as possible, and the industry leaders already using advanced digital technologies, such as VIEWAPP, will soon be followed by everyone else.