The LeaseWave® WorkFlow lease management software system helps automate the decision making process to the extent needed for each given lease-related decision. This workflow management system helps create control and efficiency through a series of conditions and requirements - criteria that the user can set up at every stage in an overall decision-making process. The LeaseWave® WorkFlow system accommodates for any lease analysis decision, from the approval of the initial lease application to the modification of an ongoing lease or lease termination (or even “installation” leading to lease-inception).
After a lease is booked into the LeaseWave® lease management software system, there are on-going decisions that need to be made on it. Whether the lessee wants to restructure their leases, pay each off partially, engage in lease termination options, buy out some or all assets, roll given assets into a new lease or request an adjustment to their line of credit, decisions have to be analyzed, evaluated and finalized. While decisions can potentially be subjective, there are different factors that dictate them, unique to each business. This high-level decisioning is elegantly handled by the workflow management components of the LeaseWave® WorkFlow leasing analysis software system.