FUELLING GROWTH & ENABLING BUSINESS CONTINUITY

Sunil Kapoor, CEO of Siemens Financial Services, talks about why manufacturers should opt for smart financing solutions and how their schemes are helping businesses to achieve their goals in an interview with Nisha Shukla

- Nisha Shukla

How smart financing solutions accelerate growth in companies?

With manufacturing and construction sectors contributing significantly to global CO2 emissions, the need to adapt to changing market demands and CAPEX constraints while reducing environmental footprint is having a transformative effect on traditional manufacturing processes. With smart financing solutions by Siemens Financial Services, we understand technology, markets, applications, and operating pressures which enables our customers to achieve clearly identified and desired business outcomes. Our financing solutions help manufacturers upgrade, digitize, and stay competitive while streamlining operating costs in the 'new normal'.

Smart Financing solutions from Specialist financiers who understand the sector and its challenges, enable manufacturing companies to:

1. Acquire new generation technologies with quick turnarounds (with quick processing times and a digitalised documentation)

2. Improve working capital/cash flow management

3. Increase production capacity and/ or flexibility and increase operational efficiency by making it possible to acquire technologies even without ownership (via Leasing solutions)

All of these (individually or together) make it possible for manufacturing companies to become more competitive in the market and provides them with an edge to accelerate their growth with the assistance of digitalisation.

What are the key advantages of smart financing? How does it enable companies to garner ROI and maintain business continuity?

The key advantages of smart financing:

Easy and flexible - Allowing manufacturers to raise the finance they need, when they need it, on suitable terms as per their circumstances and supported by customer-focused processes.