Lease Administration software by Emric.

Available separately or combined, Lease Origination and Lease Administration are solutions that make it possible to automate the application and administration process for asset and equipment financing, hire purchases and rentals. For each product, there’s a choice of standard service level and delivery type: licence, software as service and FINANCIAL BPO by Emric. While leasing companies focus on core business, Emric takes care of the rest.

Multi-local Administration.

  • 1.
    YOUR CHALLENGE

    Difficulties to handle multi-currency and country

    2.
    OUR SOLUTION

    Autonomous and tailored solution to a wide range of market conditions, languages and currencies

    3.
    RESULT

    Centrally harmonized process, tailored to local markets and global needs

Lease Administration software at its best

Once the leasing contract has been signed, the process advances to the administration phase. Lease Administration is a back-office system that manages credit processing from first payment to final accounting. Leasing status updates are provided in real time with the maximum level of data security. The solution is completely autonomous and can be tailored to a wide range of market conditions, languages and currencies. Integral processes can be harmonized centrally while the software enables the solution to be tailored to country-specific regulations and laws. The latter supports compliance with the Generally Accepted Accounting Principles (GAAP) that apply – country by country at the same time as providing common central accounting and reporting. From this perspective, Emric offers a truly global solution.

Benefits
  • Centrally harmonized process, tailored to local markets
  • Support for a wide range of currencies and languages
  • Scalable and flexible
  • Flexible controlled administration
  • Capable of processing large volumes and small ticket handling as well as structured financing deals
  • Easy to link to numerous payment systems and large ERP systems for enterprise integration
Modules

Lease Administration modules include support for the following: multi-country, multi-currency, multi-GAAP, multi-collateral, complete AR and AP processing, additional services and job automation. By choosing to combine Lease Origination and Lease Administration software, asset finance companies can get end-to-end system support for credit processing. And both systems are available with a choice of standard sourcing option.

Sourcing Options

You can choose software licenses or let Emric take care of hosting with Software as a Service (SaaS). We can also supervise all or part of the origination and administration process with FINANCIAL BPO by Emric. Select the sourcing option that suits your business needs:

  • License
  • SaaS – purchase the software as a service with external hosting by Emric
  • FINANCIAL BPO by Emric – external process management for origination and/or administration. Emric can take care of the credit process from first application to final accounting. Standby services are also available for securitization programs.
Contact

Contact Emric for more information on our Lease Administration software.

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