Articles

Introduction: A Changing Landscape for Lessors
Leasing has become a balancing act. Balancing across managing risk, customer experience, organizational profitability, and regulatory compliance. Regulations have become more stringent and complex over time………

Introduction: A Changing Landscape for Lessors
Leasing has become a balancing act. Balancing across managing risk, customer experience, organizational profitability, and regulatory compliance. Regulations have become more stringent and complex over time………

Lease agreements are a legal document that describes how the lease will operate during the lease term, and the first step is to define the lessor’s and lessee’s relationship. Vehicle and equipment lessors must have clear, detailed, and flexible leases to protect their assets and ensure all leases run smoothly from the start to the end of the lease term.

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