Under the wave of digitalization, how can financial leasing companies quickly transform with the help of AIoT?
In today's digital era, the financial leasing industry is facing many challenges and opportunities. In order to promote the innovation and application of the industry model, on December 6, the Guangdong Financial Leasing Association held a forum on the transformation and development of digital construction empowering financial leasing with the theme of "Technology Empowerment and Data Driven". Tongshu Cloud was invited to participate in this event, and brought AIoT (Intelligent Internet of Things) technology to bring a new perspective of digital transformation to the transformation of the field of equipment rental management.
At the meeting, Wang Jianzheng, product director of Tongcheng Digital, delivered a speech on the theme of "AIoT Helps the Transformation of Financial Leasing", which elaborated on the difficulties of the transformation of financial leasing companies, the application and value of AIoT in equipment leasing management, and the case application of Tongshu Cloud.
The Internet of Things opens the door to "true rental".
At present, financial leasing, platform leasing, industrial leasing, and third-party leasing are all emphasizing transformation, but at the same time, they are also facing different transformation pressures. The external pressure is mainly concentrated in the aspects of high regulatory pressure and fierce market competition, and the internal pressure is mainly concentrated in the difficulty of asset management, difficulty in obtaining customers, high concentration of assets, and fierce homogeneous competition.
In the face of the pressure of transformation of different leases, Wang Jianzheng emphasized"The Internet of Things and financial leasing have the attributes of things, and naturally have the genes that are combined with each other, which can effectively endow movable property with the attributes of real estate, help financial leasing companies realize the perception of "leased things", better carry out financial leasing business, eliminate the problems encountered in the current leasing business, and open the door to "real leasing". ”
AIoT can effectively promote the construction of a dynamic equipment supervision system, realize scene verification, digital asset management, and asset penetration, and achieve one-stop asset management.
AIoT is of great significance to the transformation of financial leasing business, which is mainly reflected in three aspects: financial leasing companies, industrial customers and regulators. The intelligent Internet of Things will help financial leasing institutions reshape their business models, help realize the linkage between industry and finance, and better serve entities.
The role of AIoT for equipment leasing
AIoT plays an important role in the field of direct equipment leasing, especially in post-lease management and data extension applications.
In terms of post-lease management, AIoT has changed the traditional post-lease management method that relies on offline personnel to actively inspect and use the Internet of Things to understand the status of leased properties in real time, thereby improving the efficiency of asset management. In terms of data extension application, the Internet of Things technology can not only improve the efficiency of post-lease asset management, but also give full play to the data value of the Internet of Things data, and use data to empower the business development of financial leasing companies.
Take, for example, operating leases. As we all know, an operating lease is a special form of financial lease in which the lessor bears the risk of residual value and is not fully repaid. Operating lease is an innovation in financial leasing, which can break through the three rigid requirements of traditional financial leasing, namely the minimum down payment of 20%, the principal of 100%** and the lease maturity customer must purchaseRealize the advanced stage of financial leasing development, that is, low down payment (0 down payment), non-full repayment of principal (low rent), optional retention and purchase at maturity, surrender and lease renewal, etc.
The focus of operating leasing is to penetrate the management of assets, build an innovative model base through AIoT, form a closed loop of assets and risk control, and become an excellent risk control grasp.
However, as operating leases unfold, stringent regulatory policies will become a challenge for leasing companies. According to the regulatory requirements for the eligibility of leased properties in Circular No. 8 of the Financial Regulation, financial leasing companies can use AIoT to achieve effective response to technology-enabled supervision, mainly by collecting data to the company's financial Internet of Things platform and giving it to a unified regulatory authority for information disposal, so as to improve the coordination efficiency between regulators and regulators of leasing companies.
Application and value of AIoT in financial leasing
At present, the Internet of Things technology is widely used in the management of financial leasing and post-lease assets. There are mature solutions in the fields of auto finance, small and micro equipment leasing, distributed photovoltaic leasing, construction machinery leasing, animal husbandry, building materials leasing, scientific instruments, medical cosmetology and other fields, effectively helping leasing companies to better manage assets.
For example, in the small and micro leasing scenario, many commercial rental and leasing companies will use physical equipment such as equipment bracelets and Gongzhibao to collect data information such as injection molding machines and placement machines and conduct integrated analysis to understand the operation status and operating rate of the entire leased property, and build an industry data model, so as to continuously optimize the risk control for the entire financial leasing.
In the field of building materials leasing, there are many difficulties in the warehouse inventory of many building materials, such as many types of components, inconsistent specifications, or large quantities, disorderly stacking, and difficult to count. Through the means of the Internet of Things, combined with intelligent hardware cloud services and offline services covering the whole country, the inventory efficiency of the entire building materials leasing can be improved.
In the vehicle inventory financing scenario, a complete set of comprehensive vehicle depot financing supervision solutions can be formed by installing GPS and Bluetooth tags on the vehicle, installing smart vehicle barriers at the entrances and exits, and setting up smart cameras.
Through AIoT technology, financial leasing companies can realize multifaceted value:The first is to reduce the cost of post-lease managementFor example, from offline manual inspections once every three months, to sending people to inspect after the system triggers risk alarmsThe second is to greatly save labor costsMany account managers can free up their time and energy from post-lease management to develop their business and increase productivity per capitaThird, the data generated by all equipment can be continuously and effectively precipitated, providing scientific decision-making guidance for the company.
At the forum, Wang Jianzheng also shared AIoT's innovative practices in other fields. He mentioned: "Tongshu Cloud, a subsidiary of Tongcheng Group, is a financial IoT platform that has successfully provided customized solutions for multiple industries. We hope to jointly promote the development of the financial leasing industry through in-depth cooperation with various industries. ”
In the future, Tongshu Cloud will continue to deepen the field of AIoT and provide more intelligent, efficient and reliable solutions for various industries. Through continuous technological innovation and meticulous services, Tongshu Cloud will work with partners to promote the process of digital transformation and create greater value for the financial leasing industry.