The Aspire42 company seamlessly adds new back-office servicing capabilities to its Leasepath platform already servicing front-office originations.
Westlake Village, California, USA (December, 15 2023) — Leasepath, the leading cloud-based software provider for the equipment finance industry, is proud to announce that MyMates Finance, an Aspire42 company, is the first customer in Australia to go live with Leasepath Enterprise, the new back-office solution purpose built for customer lifecycle and portfolio servicing. MyMates Finance is the first customer in Australia to launch Leasepath Enterprise, which is now generally available in that region.
Jeffrey Bilbrey, CEO of Leasepath, said: “We believe that everyone in equipment financing wants a system they love to use. Leasepath Enterprise enables its users to work in a truly Intelligent Workplace, and it is a gamechanger for the equipment finance industry. We are grateful for MyMates Finance trust and partnership being the first in Australia to take advantage of our innovative back-office solution and we look forward to supporting their continued growth and success.”
MyMates Finance has been a Leasepath customer for the past year, using Leasepath Originate to streamline their front-office originations for both commercial and consumer leases. When Leasepath Enterprise was launched, MyMates Finance saw the opportunity to integrate their back-office operations with the same platform and achieve a seamless end-to-end workflow. With the help of Leasepath’s dedicated implementation team, MyMates Finance was able to transition to Leasepath Enterprise in a remarkably short timeframe and without any disruption to their business.
Lorelle Tonna, Senior Technical Project Manager of Aspire42, said: “We are very happy with our decision to upgrade to Leasepath Enterprise and we are impressed by how smoothly and quickly the implementation went. Leasepath Enterprise has given us a competitive edge by allowing us to manage our entire portfolio on one system that is easy to use, reliable and scalable. We have seen significant improvements in our productivity, profitability and customer satisfaction since we switched to Leasepath Enterprise.”
By using Leasepath Enterprise, MyMates Finance has gained a comprehensive and flexible solution that can handle all their portfolio servicing needs, from contract management and billing to collections and accounting. Leasepath Enterprise has enabled MyMates Finance to automate their processes, reduce errors, improve accounting and compliance, and enhance customer service. As a result, MyMates Finance has increased their efficiency, accuracy and speed of portfolio servicing, while also reducing their operational costs.
About MyMates Finance
MyMates Finance fuels business growth with a unique finance solution to cater for all your business needs. MyMates Finance is powered by WalletPay, a flexible credit option offering a rolling line of credit. We also offer secured asset finance. MyMates Finance is an Aspire42 company. Aspire42 is an Australian company with a diversified portfolio of mutually beneficial entities across key industry sectors. It is focused on the development and operation of disruptive businesses models built on innovative IT platforms and brands.
Leasepath enables the Intelligent Workplace for Equipment Finance, driving customer servicing excellence from Sales through Contract Servicing. 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 structured pricing, underwriting, documentation, contract and portfolio management, accounting, payments, collections 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.