Lease Management Software

Leasing companies have traditionally been short-changed by big-name ERP systems, which have tended to cater to vendors rather than Leasing companies. That situation is now changing, at last giving leasing companies the ability to manage all of their operations through one standardized system
Leasing companies benefit not only from reduced costs and streamlined business processes, but are also in a far better position to comply with stringent new European and US accounting regulations that lease management software is designed to accomodate.
Until now, leasing companies could easily be forgiven for thinking that the ERP revolution of the 1990s and the e-business revolution that followed it had passed them by. Traditional ERP, with its focus on managing the manufacture and sale of goods, was less well suited to businesses based on long-term contracts in which products remain permanently on the books.
While manufacturers were able to implement comprehensive, off-the-shelf systems to manage the whole product lifecycle and everything else besides, Leasing companies had to choose between sticking with paper-based processes, building expensive bespoke systems or buying niche software applications.

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