Xerox Holdings Corporation announced on February 25, 2025, its selection of BearingPoint's leasing solution as part of its global enterprise architecture transformation. This initiative is a key component of Xerox's 'Reinvention' strategy, which aims to reshape revenue streams and ensure sustainable profitability by shifting to a services-led, software-enabled organization.
By integrating BearingPoint's Lease&Rent and Assets&Funding solutions to complement SAP S/4HANA Cloud, Xerox intends to reduce IT costs, standardize global processes, and significantly simplify its application landscape. This transformation is expected to enable Xerox to respond faster to the growing demand for leasing offerings in the market.
Mirlanda Gecaj, Chief Financial Officer at Xerox, stated that this partnership is a significant step in the company's Reinvention, helping to streamline processes and enhance global operations. The solution will provide key functionalities such as a Leasing Pricing Engine, Leasing Contract Lifecycle Management, and Asset-Based Funding Management.
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