Blog Archives

Leasing portfolio management of vehicles and equipment is evolving rapidly, with complex portfolios for the lessors, increased regulation, and greater customer demands. However, some still employ historic finance systems unable to accommodate demand.

Many lessors’ lease operations are based on legacy systems. These types of systems are typically used for lease contract management, billing schedules, accounting entries, and customer interactions.

Introduction
Collections are a critical part of every leasing business. It starts with sending timely invoices to your customers. Spreadsheets can help with simple leases.

Introduction
Operating leases have been a vital component of equipment and vehicle leasing. Organizations may require access to specialized assets for specific projects or assignments

Introduction: KYC’s Relevance in Leasing Today If you lease equipment or vehicles, you must have heard KYC several times. KYC, however, is not just another regulatory box for you to check. KYC, which stands for Know Your Customer, is an

Introduction Cloud-based financial systems address these issues by integrating all financial aspects into a comprehensive platform. This unification gives all departments , finance, accounting, operations, and sales, the same data, eliminating inconsistencies and optimizing efficiency. One of the key benefits

Lessors have been subject to increased scrutiny since the collapse of Enron and WorldCom at the turn of this century. Additionally, changes to lease accounting rules by US GAAP and IFRS have tightened regulations. Lessors need help managing current accounting

Introduction The legal framework that supports every transaction, whether you’re leasing expensive industrial equipment or entire fleets of cars, safeguards your company to resolve any disputes. Having contracts on file is only one aspect of that structure. Making sure those

Introduction In equipment leasing, success is not the number of assets on the books, but by how successfully a lessor can control growth, profitability, and risk. For lease financiers, this translates to tracking performance at each stage of the lease