DaaS often involves financing, including leasing or block financing, which comes with complex processes that must be seamlessly integrated into the customer journey.
Our proven 6-step DaaS strategy ensures a smooth, fully integrated experience, helping you build a successful and scalable DaaS offering.
Bringing a DaaS solution to market shouldn’t take years—but in the Equipment Finance industry, system releases typically take 24 to 60 months..
Why? Few standard systems support lessor needs, and those that do are slow to deploy and costly. As a result, DaaS providers often get locked into rigid, monolithic, or in-house legacy systems that stifle innovation.
Faastech takes a different approach. We’ve developed a suite of independent, interoperable applications and services—free from monolithic constraints. With open and secure APIs, our solutions enable rapid deployment of new services, accelerating your time to market.
Building a successful DaaS solution starts with designing around the DaaS customer journey, along with the product and business processes it requires. Traditional financing systems, processes, and organisational structures were likely never built for DaaS, which can create costly delays.
By breaking free from legacy systems and rigid routines, your company can move faster and more efficiently. With our standard modules, your team can interact with customers, partners, and funders in real time—ensuring seamless integration.
Your priority should be the rapid integration of FaaS into the DaaS customer journey, independent of outdated systems and processes..
The FaaS/DaaS customer journey begins the moment a product appears in an onboarding, offboarding, webshop, or other e-commerce platform. To become the preferred choice, your company must market DaaS effectively—offering a seamless, consumer-grade user experience.
Traditionally, monthly payments or lease options are displayed using rate cards distributed to vendors and partners. However, this method is flawed. It’s difficult to trace the original rate, residual value, or other key factors. Over time, managing hundreds—or even thousands—of rate cards becomes an administrative burden.
Our ultra-scalable Faastech Price Engine© eliminates this complexity. It integrates directly into webshops, point-of-sale (POS) systems, asset management platforms, and onboarding/offboarding solutions. With built-in credit approval, frame agreements, and e-signing, financing becomes a seamless part of the DaaS customer journey.
Faastech is built for a multicultural world. In Europe alone, there are 24 official languages and 29 currencies. We streamline financial operations by using the Euro as a base currency while also storing local currencies for each market. Exchange rates are updated daily from the European Central Bank, and you can simply enable the currencies you need.
Designed for seamless global deployment, Faastech operates in any market. Instead of a rigid monolithic system, we use modular components that work together—making it easy to create localized versions or launch new applications as needed.
This approach allows you to offer a consistent product across markets while retaining the flexibility to adapt to local regulations, variations, and customer demands. Plus, our platform can be translated into any language you require.
At Faastech, we are true Equipment Finance experts, with experience at leading companies such as DECLease, Leasetec International, Key Equipment Finance, SEB, DnB, Nordea, and Danske Bank.
Financing and leasing are fundamentally driven by the Time Value of Money (TVM)—which is why we’ve embedded TVM at the core of our systems. Our lease calculations can involve over 200 variables, and we understand the critical distinctions between lease contracts, frame agreements, credit lines, and acceptance of deliveries. We also have deep expertise in financial formulas like PMT() and RATE(), ensuring precise, reliable financial modeling.
Our solution is designed for multi-funding, allowing lessors and vendors to manage multiple funder scenarios—including multiple funders per deal in each market.
With built-in syndication and automation, you can set multi-funding rules that automatically route credit applications to multiple funders via API integrations, incorporating autoscore models as needed. Plus, all contracts and Delivery of Acceptance (DoA) can be signed electronically for a seamless, fully digital process.
Once the customer journey is successfully established and running, integration with existing lease administration, lease accounting, asset management, or legacy systems can begin seamlessly.
With Faastech Data Factory©, you can integrate with over 90 standard systems—right out of the box. This includes all major databases and CRM platforms such as Dynamics 365, Salesforce, Oracle, and SAP.
We help automate manual processes, optimize workflows, and re-engineer business operations—gradually transforming your DaaS model into a self-sustaining, highly efficient DaaS factory. Through orchestration and automation, you can streamline operations, reduce costs, and create a perfectly optimized business model.
