Leasing and Finance
NetSol provides to the Leasing and Finance industry through one of its primary products LeaseSoft. LeaseSoft is an end to end solution catering to the needs of Retail and Wholesale Finance businesses. LeaseSoft is designed to be completely malleable in accordance with industry change, and is capable of dealing with multi-asset and multi-company environments. LeaseSoft provides you cost effective and efficient financial solutions.
LeaseSoft is a result of more than six years of effort resulting in over 60 modules grouped in three comprehensive applications. These three applications are complete systems in themselves and can be used independently to address specific sub-domains of the leasing/financing cycle. If used together they fully automate the entire leasing/financing cycle.
The constituent software applications are:
1. Credit Application Processing System (CAP)
Automated robust credit application processing: The system is equipped with strong workflow management, integrated link to credit rating agencies, automated point scoring strategy for automatic approval/rejection/referral. Moreover, it can be customized for linking with any point of sale system.
2. Contract Activation & Management System (CMS)
Automated comprehensive contract management throughout the life of the loan / lease: System provides comprehensive business functionality that enables its users to effectively and smoothly manage and maintain a contract with the most comprehensive details throughout its life cycle. It also provides interfaces with the companys banks and accounting systems. System also effectively maintains details of all business stakeholders, e.g., customers, dealers, debtors, guarantors, insurance companies, banks, etc.
3. Wholesale Finance System (WFS)
Automate and manage wholesale finance activities: The system covers credit limit requests, payment of loan, billing, settlement, auditing of stocks, agent/dealer information and ultimately the pay-off function. A Dealer Access System enables dealers/agents and auditors to connect with the system, see relevant information and carry out transactions.
For more information on LeaseSoft, please visit the LeaseSoft Product website: www.leasesoft.biz
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