Sofico, global software provider to the automotive finance, leasing, fleet and mobility industry, has completed its 30th Miles implementation project.
Miles, its software platform, is now in production at 30 different sites in 18 countries around the world, which puts the number of vehicle contracts managed by Miles on the 1.25 million mark for the first time – a milestone it has achieved in just 11 years since its first Miles implementation.
The company first launched Miles with Auto-Interleasing AG in Switzerland in 2005, and it has just seen the latest series of system implementations go live in Italy, France and Belgium with major leasing company customers, both independents and captives.
There are another 11 implementation projects currently ongoing with automotive clients in Europe, Australia, Japan and Thailand.
To support its global expansion path, the company is continuously looking for new talent from within the automotive finance sector with an affinity for IT, and has recently taken on its 200th employee.
Gémar Hompes, managing director of Sofico, said: “Obviously, we are delighted to hit some of these latest milestones in our ongoing development.
“We believe Miles offers a unique proposition as a hybrid fleet and retail management system, perfected to meet the needs of our customers and their own customers’ expectations as the automotive market continues to grow and develop.
“We’re working hard to attract talented people to strengthen our teams in Belgium, France, Japan and Australia and help us to continue our current success."