Usually when auto and tools lenders and lessors embark on a journey to standardize their processes, they make the error of letting standardization be a aim unto itself. Nevertheless, it is very important think about whether or not there actually is worth in standardizing throughout each geography—maybe there are vital the reason why processes are executed otherwise, similar to to adjust to regional rules or legal guidelines.
All the time ask: why are we standardizing? Generally a course of doesn’t should be standardized. For instance, think about whether or not you want a lien on a chunk of kit like a printer or copier. Is the merchandise helpful sufficient to make the price of submitting a lien worthwhile?