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.