Asset leasing software, also referred to as equipment leasing software, manages all activities within leasing lifecycle management, from ordination through end-of-lease activities. Companies use this type of software to track their equipment leasing operations, documents and contracts, and pricing, as well as billing and collections. This type of software also helps with compliance and tax management. Asset leasing software is mostly used by asset managers and finance professionals, while its reporting features are critical for executives who make decisions regarding their company’s portfolio of assets.
Asset leasing software is delivered as a standalone solution or within a package of multiple products. This type of software needs to integrate with CMMS and enterprise asset management software, as well as with accounting software and ERP systems.
To qualify for inclusion in the Asset Leasing category, a product must:
LTi's ASPIRE is a comprehensive end-to-end management of leases and loans in a single platform environment. ASPIRE is a highly configurable equipment leasing software solution for the entire transaction lifecycle. A configuration-first approach means that you don’t have to change the way you conduct business to fit the limitations of an application. Instead, ASPIRE is flexible enough to fit the way you run your business. Our customers are empowered to effectively scale their business by drastically reducing time spent on contract management tasks, increasing productivity, and boosting ROI.
Alfa has been delivering systems and consultancy services to the global asset and automotive finance industry since 1990. Our best practice methodologies and specialised knowledge of asset finance mean that we deliver the largest system implementations and most complex business change projects. With an excellent delivery history over our 27 years in the industry, Alfa's track record is unrivalled. Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to consolidate multiple client systems on a single platform. Alfa Systems supports both retail and corporate business for auto, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling. With over 40 clients in 18 countries, Alfa has offices all over Europe, Asia-Pacific and the United States. For more information, visit alfasystems.com.