Explore the new SOFT4Leasing release

Blog

Apr 17, 2025

After more than a decade of continuous development, SOFT4Leasing keeps evolving with market demands and customer expectations in mind. The latest release brings a suite of new features designed to streamline contract management, improve financial operations, and ensure compliance – all while enhancing user experience.

Here’s what’s new in SOFT4Leasing:

Asset Repurchase Management
Designate the party responsible for asset buyback at the end of an operating lease and automatically generate the repurchase invoice – ensuring a smooth and transparent end-of-term process.

Mileage Assessment
Periodically assess actual mileage to help customers avoid excess mileage charges or benefit from mid-contract mileage limit adjustments.

Enhanced Direct Debit Handling
Failed direct debit payments? Now, they’re automatically re-applied. Plus, you can split amounts into principal, interest, and more for better control.

Smarter Invoice Scheduling
Manual sales invoices are now included in the contract's direct debit schedule automatically – reducing manual work and risk of errors.

Service & Insurance Pricing Flexibility
Set prices as an annual percentage of the base asset price and manage mid-contract price changes – apply them retroactively or only to future periods.

Revenue Recognition Improvements
For operating leases with quarterly rental payments, revenue can now be recognized monthly using the revenue recognition schedule.

Preconfigured Mileage Options
Easily apply predefined mileage limits when creating a new contract, improving setup speed and consistency.

Full-Service Lease Accounting
Manage G/L accounting for financed services with service provisions and linear amortization across the contract term.

Budget Control & Purchase Management
Control contract service budgets directly on purchase documents and streamline data entry with a simplified purchase invoice sub-form.

Mid-Contract Flexibility
Update financed services or insurance mid-contract with ease, and reuse documents from past applications or contracts to save time.

Smarter System, Tailored to You
System layout adapts based on purchased modules, offering a cleaner, more intuitive interface using application area properties.

Risk & Compliance Enhancements

  • Exposure calculation for operating leases based on scheduled outstanding or asset book value

  • VAT Rate Change tool for easier compliance

  • Customer-level arrears aging buckets

  • Dedicated vendor posting groups per financial product

  • Assign regular installment payment terms at contract level

Faster Validation
Fix validation issues for quotes or applications directly on the validation page – no more jumping between screens.

With every release, SOFT4Leasing becomes an even more versatile and business-aligned solution – built to support the way you work.

Related articles

Explore the new SOFT4Leasing release

Blog

Apr 17, 2025

After more than a decade of continuous development, SOFT4Leasing keeps evolving with market demands and customer expectations in mind. The latest release brings a suite of new features designed to streamline contract management, improve financial operations, and ensure compliance – all while enhancing user experience.

Here’s what’s new in SOFT4Leasing:

Asset Repurchase Management
Designate the party responsible for asset buyback at the end of an operating lease and automatically generate the repurchase invoice – ensuring a smooth and transparent end-of-term process.

Mileage Assessment
Periodically assess actual mileage to help customers avoid excess mileage charges or benefit from mid-contract mileage limit adjustments.

Enhanced Direct Debit Handling
Failed direct debit payments? Now, they’re automatically re-applied. Plus, you can split amounts into principal, interest, and more for better control.

Smarter Invoice Scheduling
Manual sales invoices are now included in the contract's direct debit schedule automatically – reducing manual work and risk of errors.

Service & Insurance Pricing Flexibility
Set prices as an annual percentage of the base asset price and manage mid-contract price changes – apply them retroactively or only to future periods.

Revenue Recognition Improvements
For operating leases with quarterly rental payments, revenue can now be recognized monthly using the revenue recognition schedule.

Preconfigured Mileage Options
Easily apply predefined mileage limits when creating a new contract, improving setup speed and consistency.

Full-Service Lease Accounting
Manage G/L accounting for financed services with service provisions and linear amortization across the contract term.

Budget Control & Purchase Management
Control contract service budgets directly on purchase documents and streamline data entry with a simplified purchase invoice sub-form.

Mid-Contract Flexibility
Update financed services or insurance mid-contract with ease, and reuse documents from past applications or contracts to save time.

Smarter System, Tailored to You
System layout adapts based on purchased modules, offering a cleaner, more intuitive interface using application area properties.

Risk & Compliance Enhancements

  • Exposure calculation for operating leases based on scheduled outstanding or asset book value

  • VAT Rate Change tool for easier compliance

  • Customer-level arrears aging buckets

  • Dedicated vendor posting groups per financial product

  • Assign regular installment payment terms at contract level

Faster Validation
Fix validation issues for quotes or applications directly on the validation page – no more jumping between screens.

With every release, SOFT4Leasing becomes an even more versatile and business-aligned solution – built to support the way you work.

Related articles