Software products in the equipment finance industry are typically stitched together by integrations and data feeds. Front-office systems (sales, origination, credit) are separate from back-office systems (booking, servicing) creating silos that impede fluid, company-wide collaboration. With LeaseWave, this division is a thing of the past. On our platform, there is no front-office or back-office. There’s just one powerful leasing system, built ground-up to manage the full lease, loan and asset lifecycles using a singular database and on the same development technology. This makes LeaseWave easier to maintain, easier to collaborate, easier to integrate and easier scale, all while offering your end-users a consistent software experience.
The one certainty about your business environment is that it will change. Alterations to processes and go-to-market strategies, acquisitions, regulatory requirements and accounting conventions are just some of the drivers. LeaseWave was designed specifically to help you thrive in this dynamic world. Configurable parameters exist at every layer of the system. The UI can be modified by adding new fields and screens and by altering the layout of any screen. Workflows that manage the most complex decision-making and operational process can be created through visually rendered design. Internal IT can even extend functionality of the base system by leveraging the very platform on which LeaseWave was built. This is what true configurability means. With LeaseWave, you don’t simply adapt to change. You use change to leave your competition behind.
LeaseWave is built for performance, no matter the size of your leasing company. LeaseWave’s world class technology stack in combination with its robust architectural design will let you manage our industry’s largest asset base or even its greatest number of users without skipping a beat. The user interface is wholly browser-based, light-weight and responsive. The middle tier is loosely coupled with cleanly isolated layers (both logically and physically) letting you scale both up and out. The database is carefully modeled using industry-standard normalization patterns with de-normalization principles applied selectively for performance reasons. And bringing all this together, LeaseWave is rigorously volume-and-load-tested to eliminate even the smallest of bottlenecks and to maximize even the remotest of opportunities. We squeeze every bit of performance out of a system that cuts no corners in its technological design. You’ll feel it when you get behind the wheel.
The use of standard technologies is a core design principle that Odessa has stayed true to since 1998. Continuing our commitment, the latest version of LeaseWave runs on .NET 4.5, IIS 7.5+ and SQL Server 2014, a technology stack that is both road-tested and industry standard. Every line of code that our platform runs on today, including its connectors and APIs is non-proprietary. All this makes our overall system maintenance more efficient at multiple levels. Recruiting for standard IT-skillsets, upgrading the hardware and software infrastructure, building extensions and controlling system behavior is all more easily done. And best of all you’ll find your IT staff focusing on more value-added work.
LeaseWave’s solution layer is separated from its technology layer. This means we can flexibly enhance our technology without affecting functionality. We keep pace with advances in technology, without having to rebuild the entire system. Similarly, we can also enhance our functionality without affecting the underlying technology. We incrementally enhance our core offering with functionality contributed from every new project.
So when we talk about our Product Roadmap, it is not a theoretical exercise or a future promise. It is an 18-year track record of progressively keeping pace with Microsoft technologies, without any gaps, exceptions or anomalies along the way. It is an 18-year track record of continuously adding to our end-to-end functional offering. It is the clear and predictable trajectory that this track record represents.
Like going to the dentist, making investment decisions on technology can be a time consuming and painful experience. If the process of building consensus on a business case and analyzing all the vendors and products available in the marketplace takes too long, the business runs the risk that by the time a decision is ...Read Full Article