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.

While it may seem that Workflow would intuitively cater to the lease application process, it can be also applied to ongoing decisions on a given lease after it has been incepted. As such, the system allows for:

• Application / automated credit decisioning
• A/P workflow decisioning and
• Any/all lease management-related decisioning (as I mentioned above: approval of payoff quotes / restructures / rollovers etc).

Philosophically, Workflow is modeled for continued refining of business processes as organizations change and bottlenecks, whether new or old, are eliminated. By allowing for desired levels of automation and objectively tracking performance metrics, the system continuously improves efficiency.

As you see, with LeaseWave Workflow, managing and performing the front-end procedures unique to the lease industry becomes as automated and effortless as the user desires.