Redefining industry standards for Originations and Lease and Loan Accounting with the first modern platform that manages and automates the entire equipment finance workflow.
Los Angeles, CA (October 3, 2023)
Leasepath, a leading software provider specializing in Commercial Equipment Finance Origination software, today announced the general availability of Leasepath Enterprise, the cloud-first equipment finance lifecycle management platform powered by Microsoft Dynamics 365 and the Power Platform. Leasepath Enterprise is the expansion of its award-winning flagship CRM and Origination platform, now aptly renamed Leasepath Originate, with the first complete Contract Management Solution (CMS) suite to be seamlessly offered in the single interface of Microsoft Dynamics 365. Leasepath Enterprise stands out as the sole software solution that delivers a truly integrated front and back office, constructed on a CRM (Microsoft Dynamics 365) and within the world’s leading low-code/no-code platform coupled with a world-leading workflow engine (Microsoft Power Platform). It ensures that finance companies maintain consistent, unparalleled interactions with their customers, thus setting a new paradigm in customer service.
Offering unrivaled efficiency, agility, and transparency across your business, Leasepath Enterprise empowers organizations to deliver customer servicing excellence at every stage of the leasing and lending journey within a single optimized user interface. Every department in the equipment finance journey, from Sales, Underwriting, Credit, Funding, Servicing, Accounting, Collections, and Asset Management is empowered with purpose-built solutions for their needs.
“Your Intelligent Workplace just got smarter,” stated Jeffrey Bilbrey, Leasepath CEO. “Leasepath Enterprise is a quantum leap forward, representing our unwavering commitment to innovation and our mission to empower finance companies with a truly cohesive view of their customer interactions.”
“We exercised immense caution and due diligence in developing this cutting-edge back-office capability. We formed a customer advisory board consisting of ten of our existing customers and met weekly for a year to gather the finest ideas for efficient portfolio servicing,” Jeffrey Bilbrey elaborated. “Following two additional years of meticulous development, refining those ideas, we have three customers live and already experiencing the transformative effects of Leasepath Enterprise. We decided to hold off on the public announcement of this new product until we could offer live, referenceable customers, substantiating the effectiveness and efficiency of our platform.”
“All of Leasepath Enterprise can be configured, from financial products and checklists to chart of accounts and booking process. It is configuration without the need to write code,” shared Leasepath Vice President Michael Baez. “This approach offers customers complete control over their platform and data, and the agility needed to make changes at the speed their business dictates.”
“Building our solutions in the Microsoft Power Platform has dramatically accelerated our pace of innovation and allows our team to roll out those new features seamlessly,” said Director of Product and co-founder Peter Sadgrove. “We have long believed in the power of Microsoft and its approach to cloud platform technology, and now that choice has proven very fortuitous.”
Leasepath emphasizes its dedication to its existing and prospective customers by continuing to offer Leasepath Originate on a standalone basis. Leasepath Originate is a world-class platform to drive sales and business development success for equipment finance brokers, independent finance, captives and funding institutions. “Leasepath remains the same trusted brand that has provided origination solutions to the equipment finance industry for more than a decade,” said Leasepath president and co-founder, Steven Sadgrove. “The introduction of Leasepath Enterprise is a testament to our commitment to providing diverse product offerings that enable true end-to-end Customer Servicing Excellence for equipment finance.”
“Leasepath Enterprise is a testament to our unwavering commitment to innovation in equipment finance.” Shared Bilbrey. By delivering customer servicing excellence, we are helping equipment finance organizations drive operational excellence while enhancing customer satisfaction.”
“The industry wanted the ability to leverage modern, intelligent technologies in a manner that empowers them to make smarter decisions and implement their own efficiencies,” said Leasepath Director of Sales Sean Scampton. “Leasepath Enterprise fills the gap of a truly centralized, true cloud end-to-end solution that helps business win fast, risk less, and profit more on their deals.”
Leasepath Enterprise is available for immediate deployment. Watch for more Leasepath announcements by following and engaging with the Leasepath LinkedIn. To experience the future of lease and loan management with Leasepath Enterprise and learn how modern Intelligent Workplace solutions can transform your equipment finance business, visit www.Leasepath.com/EnterpriseAnnouncement2023
Leasepath Enterprise is the Intelligent Workplace platform for Equipment Finance, driving customer servicing excellence from Sales through Contract Servicing and back again. Purpose-built exclusively for the equipment finance industry and serving Banks, Independent Finance, Captive Finance, and Brokers across North America, the United Kingdom, and Australia, Leasepath is powered by the Microsoft Power Platform to provide a proven, cloud-first solution complete with configurable, dynamic, automated solutions for pricing, amortization calculation, asset management, documentation, and integration with mission critical applications like Email, E-Signature, Internal Chat, Phone, and much more. Leasepath is the preferred choice to equipment finance businesses to Win Fast, Risk Less, and Profit More. Learn more about Leasepath by visiting www.leasepath.com.