Winthrop Resources Corporation (”Winthrop”), a subsidiary of TCF Financial Corporation, has gone into production with LeaseWave™, the lease & asset management suite developed by Odessa Technologies, Inc. (”Odessa”). Winthrop will use the entire LeaseWave™ suite to comprehensively manage the lifecycle of both leases and assets, from origination through remarketing.

“For more than 25 years, Winthrop has built a strong reputation for providing value-added technology leasing combined with high quality customer service” stated Gary Anderson, SVP and CFO. “We uniquely allow our customers unparalleled flexibility to make necessary changes as their technology and business needs evolve in a dynamic and competitive environment. We chose LeaseWave™ because of its flexibility and true asset-based design. Throughout the implementation process, Odessa demonstrated a strong commitment and ability to understand our unique and complex processes to meet our needs.”

One of history’s most famous work flow systems was created by Henry Ford in 1903. Until then, cars were built one at a time, by hand. Ford revolutionized manufacturing and created the moving production line where workers at each point had a specific task to complete and each task was sequenced to make sure the entire process ran smoothly. The result was mass production of high quality cars at a low price. This unprecedented expediency and productivity was indeed a milestone in manufacturing. But the true power of the concept of workflow really lied in its sheer applicability. Any repetitive process regardless of the industry can benefit from an intelligent application of workflow.

LeaseWave, from its very first version, was always based on our core philosophy of a continuous and rapid improvement and was specifically engineered to be configured and customized to tailor-fit every leasing business. Perhaps the most significant improvement of LeaseWave 4.0 over previous versions is that the entire suite is workflow enabled, allowing customers to continuously engineer their business processes for maximizing security, efficiency and control.

LeaseWave WorkFlow is designed to automate all decision-making within the suite. As such, any decisioning that needs to be made within the system can be tracked automatically.A  Whether it’s getting the necessary approval for a pay-off or for a potential transaction with an existing customer wishing to roll-over assets, LW Workflow can be configured (with tied-in user-security) to automate business processes.

Welcome to the Odessa Technologies blog! It is intended to be a place to discuss innovative leasing software solutions for the leasing enterprise.

You will find here the latest information about LeaseWave : our signature lease & asset management software suite, customization case studies and up-to-date leasing industry news.

We hope you find this information helpful and we encourage you to subscribe to our blog.

About Us