Create quotes, do instalment calculation, create applications, prepare instalment schedule, activate Lease Contract, keep track of contract balances, terminate, and close the contract.
Work with several functionalities related to the lease/loan origination process: prepare disbursement schedules, vetting checks, use special approval conditions, track customers via source of access.
Have multiple applicants or parties involved in a single application (e.g. co-applicants, guarantors, directors, partners, next of kin, etc.). The system will customize the lease processes accordingly.
List each unit on the lease application, identify with it with a unique ID, set the attributes of the asset (e.g. new or used, starting mileage, colour, etc.). You can have multiple assets on a single contract.
Automate customer credit score calculate and set credit rating. Uses highly configurable scorecard tree. The score can be dependent on any attribute of applicant/asset/application.
Automate credit decision process: when new application submitted, system runs Decision Tree logic, which gives one of three results: auto-approved, auto-declined, referred to credit officer.
Self service portal for dealers and brokers to log in and create quotes with their own logo and details. Dealers and brokers submit quotes/applications directly from portal for approval together with necessary documents uploaded from portal.
Real time updates where brokers and dealers can keep track of progress status and activities.
Create, store and distribute documents throughout lease process. Configure document templates and map to data in the system (e.g. automate Lease Contract form with data fields filled in)
Sign lease agreements/credit contracts and other related documents (direct debit mandate, etc.) electronically. The functionality allows for multiple signer (borrower, co-borrower, guarantors, lessor).
Soft4Leasing uses the power of Microsoft platform and is fully integrated with Microsoft products such as Excel and Word. Integration to Microsoft CRM and other Microsoft products are also available.
Soft4Leasing allows flexible rescheduling of contracts, by assets, by interest rate, by cashflows, by period and much more.