K&B Global to Deploy ProFinance to Automate Equipment Financing Transactions

K&B Global has been named a North American trusted deployment partner for TietoEvry ProFinance, a leasing platform designed to automate the increasing complexity of equipment financing transactions.

K&B Global will provide governance and delivery assurance for optimal deployment of the ProFinance platform, which aims to solve many of the gaps in current leasing infrastructure technologies, including inefficient workflows, API connectivity, insufficient reporting and inadequate data management and analysis capabilities.

“I am very familiar with the pain points around leasing processes and technologies having deployed a new tech stack in my prior role,” Nicole Torraco, chief revenue and strategy officer of K&B, and former president of FITTLE, the leasing arm of Xerox, said. “With this experience, I identified the need for a new innovative global leasing solution and am excited to partner with TietoEvry to deliver on this vision.”

“We’re excited about the upcoming journey with K&B, as it paves the way for our expansion into the North American market and reinforces our commitment to being at the forefront of global leasing solutions,” Ognjen Radovic, head of leasing and factoring solutions at Tietoevry, said. “With a proven history of successful implementations and a broad global reach, we anticipate swiftly making a significant impact in North America together with K&B.”

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