Unlocking Success with the SieSmart API¶
Discover how Siemens Financial Services (SFS) customers are benefiting from a seamless integration with the SieSmart API.
Bluestone 
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Bluestone is an independent broker and provider of asset finance to UK organisations in both the private and public sectors.
Challenge: As a highly consultative business, Bluestone faced a challenge: losing commodity transactions in the £5,000-£50,000 range to competitors. To gain a competitive edge, they sought a revolutionary end-to-end online portal that would match customers with funders seamlessly.
Solution: As a pioneer in auto-decisioning, SFS partnered with Bluestone to integrate the SieSmart API into Bluestone’s new portal, connecting it to SFS’ automated credit quotation and decision system. The result was an ‘always-on’ facility, enabling swift and automatic decision-making for deals in the £5,000-£50,000 range.
Benefits: The API connection enables Bluestone to close more business, with high acceptance rates among customers using the portal. Auto-decisioning provides financing decisions in seconds. Bluestone’s portal aligns with their strategic growth strategy, allowing scalable expansion without a significant increase in costly human resources.
“As the largest auto acceptance player of any funder in the market, Siemens Financial Services were the ideal collaborator. They've got the greatest appetite, and their speed of service is second to none.”
Mark Hargreaves, Finance Director at Bluestone.