Overview
For over 30 years, LeasePak has been the lease, loan, and asset solution for leading banks, equipment lessors, commercial loan companies, and vehicle lessors throughout North America. With its unparalleled functional depth, bank-level security, triple audit controls, scalable components, and flexible implementations, LeasePak is a key component to NetSol Financial Suite's end-to-end lifecycle solution.
Contact us for more information on LeasePak.
Industries
Finance and Leasing
Specifications
Whether you need streamlined automation or full manual control, LeasePak offers features that handle every aspect of the lease or loan lifecycle, origination, booking, payments, customer service, collections, midterm adjustments, and end-of-term options. LeasePak provides tracking modules to manage critical stages of the lifecycle, allowing users to process work using fully customizable queues. And LeasePak includes an extension collection of reports including origination and portfolio management; transaction, general ledger, and detail balance accounting; property, sales, and use tax; and asset financial management.
Specialized features include:
Application Entry Interface
Employs Web services to provide user-invisible interface to clients' existing application entry/origination systems.
Asset Focus
Provides asset-based accounting, income recognition, payment tracking, and end-of-term options for lease portfolios.
Batch Input Processing
Adds functionality for processing applications, payments, and assessments through batch input files to interface with a variety of third-party systems.
Cost Per Use
Provides lease and asset-level meter tracking, rates management, and both interactive and batch assessments for cost-per-use, metered, and other iteration agreements.
Electronic Payment Processing
Supports American, Canadian, and Australian formats for processing direct payments from customer or to vendor accounts.
Leveraged Leasing
Adds functionality where the lessor can use external data to supply the information needed to accommodate the additional accounting requirements of leveraged leases, employing pricing tools such as Interet Corporation's LEASE, Ivory Consulting's SuperTRUMP, and Warren & Selbert's ABC, or any other program that produces leveraged lease pricing and financial modeling.
Vehicle Leasing
Provides functionality for lessors and financers to record and track vehicle and consumer loan-related information, including customer service and recovery.
Benefits
- Reliability
- Trust LeasePak to provide the tools you need to maintain the security and accuracy of your lease and loan portfolios
- Scalability
- Not only do we offer scalable solutions to fit every size and budget, but using LeasePak's modular construction, you can begin with the base system, then add additional modules to suit your business types and needs.
- Flexibility
- LeasePak demonstrates powerful flexibility with accounting for operating and finance leases, fixed and floating rate loans, and leases containing individually tracked assets
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