One of the key factors in sales is to be quick, at least compared to your competitors. The old joke says, “you don’t have to outrun the bear – you just have to outrun other campers”. So when trying to outrun their competitors, businesses need to constantly improve the process and measure it. Let’s take a look at leasing software tools that can help you to evaluate operational KPIs in lease origination.
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Are you from the equipment or automotive asset finance business? Join our webinar where we will discuss operational KPI’s such as Time-to-Approval, Time-to-Documentation, Withdrawal rate and more.
Another year has come bringing its unique challenges and opportunities for the global financing industry. Starting out as any other year, the economy felt is first shock at the beginning of March with coronavirus spreading all over the world. It’s clear that economies will be affected, but to what extent is the question. What factors are believed will shape the US financing industry in 2020?
One of the first features that our customers request in our Soft4Leasing implementation projects is, “do you have an interface to credit bureau?” It is then followed by – “can you automate the approval process?”. The first answer is easy – Yes, we do. The technical part of the interface is not a big deal and, of course, it needs to be configured depending on which credit bureau, which country, what services required. The most commonly used services are Experian, Equifax, TransUnion, Creditinfo, Creditsafe.
The World Leasing Yearbook is the leading guide for asset finance and leasing companies. It comprises valuable leasing industry research, insights, and the Leasing Software Report featuring Soft4Leasing.
EV’s are slowly becoming the #1 choice for environmentally-conscious consumers looking to reduce their carbon footprint. With rising demand comes leasing as the preferred method of obtaining an EV, seeing as the cost to buy one cash would be unaffordable for many. Also, FleetEurope.com mentions that EV cars will depreciate in value faster than ICE cars, meaning customers will want to upgrade their EV models more regularly.
Even though servitization (conscious strategy to merge manufacturing and integrated services offerings to provide value-driven outcomes that are scalable and resilient) is not well recognized in the automotive and equipment finance industry yet.
Introducing the newest features and advanced functionality released with the latest version Soft4Leasing August ’19. The end-users will be able to enjoy new enhancements such as Decision Tree functionality, Novated Lease module, Penalty Interest Invoicing DD Rule and more.
Soft4Lessor is a software package for business which has small to medium volume of leases (from 1 to 1’000 leases) and requires a lease contract management system with comprehensive accounting in compliance with US GAAP ASC842, or IASB IFRS16, or equivalent local GAAP
Are you planning to grow your leasing business in hundreds or even thousands of leasing contracts per year? But you are using separate software solutions for the accounting and lease management and it slows your business and customer service?