Organization:

TIP México

Industry:

Leasing

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TIP México optimizes its car leasing with Mifiel

In search of a successful transition to a fully digital car leasing model, TIP México found in Mifiel the comprehensive solution that met all its needs.

  • Issuance of Digital Promissory Notes: TIP México's primary need was to issue digital promissory notes with uniqueness and traceability, in strict compliance with the General Law of Credit Titles and Operations. Mifiel stood out by providing a specialized solution for digital promissory notes, ensuring the integrity and legal validity of each document.
  • Mifiel's Versatility: This feature was fundamental for TIP México, as Mifiel offered both advanced and simple electronic signatures. It provided flexible options without compromising legal robustness, allowing TIP México to tailor the solution to its specific needs.
  • Efficient Integration: The Mifiel API allowed for a customized integration of electronic signatures into TIP México's desired workflow. It facilitated an efficient implementation without disrupting daily operations, ensuring a smooth transition to the new system.

The decision to trust Mifiel was reinforced by learning about the platform's track record of success, with over $500 million in promissory notes issued and the trust of financial institutions like Goldman Sachs and JP Morgan. As a well-established solution in the market, they encountered little resistance when persuading their fiduciary banks to adopt it, as they were already familiar with the platform.

Since implementing digital promissory notes with Mifiel, TIP México has experienced a significant transformation in its processes. Automation has streamlined and standardized previously manual operations, optimizing the workflow. The successful collaboration between TIP México and Mifiel has been key to a successful transition toward a fully digital car leasing model.

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