Itasca, 60143, IL,
United States
Engs Commercial Finance Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Engs Commercial Finance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 170 Engs Commercial Finance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Engs Commercial Finance has purchased the following applications: LTi ASPIRE Platform for Lease Management in 2013, LiveChat for Chatbots and Conversational AI in 2017, CallRail Call Tracking for Call Tracking and Recording in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Engs Commercial Finance is running and its propensity to invest more and deepen its relationship with LTi Technology Solutions , LeasePlus GROUP , LiveChat, Inc. or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Engs Commercial Finance revenues, which have grown to $42.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Engs Commercial Finance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| LTi Technology Solutions | Legacy | LTi ASPIRE Platform | Lease Management | ERP Services and Operations | n/a | 2013 | 2013 |
In 2013, Engs Commercial Finance implemented the LTi ASPIRE Platform in a Lease Management deployment to support its expanding commercial transportation finance operations. The implementation was driven by rapid organic growth and acquisitions, and included a time sensitive requirement to begin servicing a purchased portfolio within 30 days.
The LTi ASPIRE Platform deployment delivered an end to end lease and loan management solution, configured to automate core workflows across dealer application intake, credit underwriting, funding and booking of transactions. Configuration work emphasized customizable automation and business rules, using ASPIRE’s configurable architecture to map Engs Commercial Finance business processes and scale underwriting throughput. Functional capabilities implemented included workflow automation, portfolio servicing, transaction booking and configurable underwriting rules aligned to the Lease Management category.
Operational scope covered nationwide commercial transportation financing sourced through equipment vendors, manufacturers and direct end users, and impacted finance, operations and underwriting teams. The vendor provided implementation support to accelerate onboarding and to meet the thirty day portfolio servicing milestone, and the platform was configured around Engs unique business requirements to enable rapid transaction processing across the company’s dealer and vendor channels.
Governance and rollout focused on operationalizing automated workflows and centralizing transaction lifecycle controls, enabling Engs to accommodate high growth and acquisition activity. Outcomes reported by the company and vendor included improved scalability and process efficiencies, plus the ability to maintain customer satisfaction while expanding a nationwide network, all delivered through the LTi ASPIRE Platform in the Lease Management category.
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Lease Management | ERP Services and Operations |
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2017 | 2017 |
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AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| LiveChat, Inc. | Legacy | LiveChat | Chatbots and Conversational AI | AI-Powered Application | n/a | 2017 | 2017 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| CallRail | Legacy | CallRail Call Tracking | Call Tracking and Recording | CRM | n/a | 2017 | 2017 |
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Marketing Automation | CRM |
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2016 | 2016 |
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Marketing Automation | CRM |
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2019 | 2019 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2020 | 2020 |
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Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Portfolio and Investment Management | Investment Management |
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2018 | 2018 |
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SPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Incentive Compensation Management | SPM |
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2017 | 2017 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2016 | 2016 |
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Application Hosting and Computing Services | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2019 | 2019 |
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