Societe Generale Equipment Finance Selects Odessa to Help Drive Continuous Innovation

June 1, 2023

Philadelphia, PA – Odessa, the leading provider of technology solutions for asset finance, today announced that Societe Generale Equipment Finance (SGEF) has selected the Odessa Platform delivered through Odessa’s full-service cloud solution to streamline operations and support continued global growth.

SGEF, headquartered in La Defense, France, offers customer-centric financing solutions globally, both directly and through vendor programs. As SGEF strives to constantly evolve and innovate, it requires a nimble system to manage enterprise leasing and streamline operations at scale. The Odessa solution will be implemented in several entities starting with the United Kingdom as a first phase to a larger global project, providing a modern technology foundation that supports SGEF’s ongoing business transformation initiatives.

With Odessa, SGEF will consolidate business teams in one adaptable system, providing greater insights, agility, and improved employee and customer experiences. This includes:

  • An intelligent data core combining organization insights to help inform decision making.
  • The ability to respond quickly to evolving market conditions and go to market with a competitive edge.
  • Streamlining the leasing lifecycle from servicing to remarketing.
  • The analytical foundation to ingest, process, and transform high volumes of operational activity.
  • Continued insight into its customer community, including omni-channel customer service.

“Technology is key in helping our customers drive outcomes with their customers. We apply the same mindset to our own technology strategy – focusing on innovative solutions that create an agile foundation for us to adapt and grow,” said Julien DEVAUX, Chief Operating Officer, SGEF. “Odessa will provide us with one, unified system for our business teams and data that we can configure to meet our needs and that will grow with us as our business continues to adapt.”

“As innovators in the industry, both SGEF and Odessa understand the value of technology in driving digital transformation as organizations adapt to keep pace in today’s dynamic environment,” said Alexandre Ellwood, SVP Business Development, Odessa. “SGEF’s use of the Odessa Platform underscores the power of a comprehensive digital backbone in navigating and bringing lease management and business insights together to drive growth.”

About Societe Generale Equipment Finance

Societe Generale Equipment Finance (SGEF) is the international equipment and vendor finance specialist of Societe Generale group. SGEF is a worldwide leading player and a key partner for manufacturers and vendors in Europe, Africa, Asia and the Americas. With 1,500* people in its network and operating in more than 35** countries, SGEF managed outstandings of €24bn and produced €10bn* in New Business Volumes thanks to its sound industry knowledge in the Transportation, Industrial Equipment, Technology and Healthcare & Green Energy markets.

*At 31/12/2022 including SG group leasing activities

** including partnerships

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