Leasing Software Companies

Apak Group Financial Computer Systems, Inc. SAP
Better Programs Integrated Financial Services Senour Designs, Inc
Capital Stream International Decision Systems Shaw Systems
CHP Consulting Ivory Consulting Summit National
Cornerstone Software Lease Team Systems for Financial Accntng
Cyence International LiveCapital Tax Compliance, Inc.
Dominion Leasing Software McCue Systems Taxware, LLP
eCredit Myrrdin Thoughtworks
eFinance NetSol Technologies, Inc. UCC Direct
Experian - scorex Odessa Technology Vision Commerce
FinanceEdge Software, LLC Preferred Business Solutions White Clarke North American

Top eLeasing software companies, as ranked by employees.

Rank

Company Name
Year Founded
Website

Employees
CEO
Additional Services
Offered
Yearly
Volume
Major Clients
1
NetSol Technologies, Inc.
1996
Corporate Headquarters
23901 Calabasas Road, Suite 2072
Calabasas, CA 91302
USA
Tel: + 1 818-222-9195
Fax: + 1 818-222-9197
info@netsoltek.com
www.netsoltek.com
581
(worldwide)
Najeeb Ghauri
Chairman, Founder, Director
Naeem Ghauri
CEO, Director
Salim Ghauri
CEO, Director, NetSol Technologies, LTD (Lahore, Pakistan based subsidiary)

LeaseSoft, a suite of four software applications, end-to-end solution; consulting and other services available

 

NASDAQ:NTWK
DaimlerChrysler Services
Finlease Company, Ltd
Mercedes-Benz Finance
UMF Leasing
Yamaha Motors Finance
2
International Decision Systems (f)
1974
80 South Eigth Street, Suite 1500
Minneapolis, MN 55402
612.851.3200
612.521.3207 - fax
www.idsgrp.com
301
(Worldwide)
203 US/North America
34 Asia/Pacific
64 UK

Todd Davis, CEO.,
Michael Mehr,
VP of Fin / Admin.,
Ronald
Dolan, Global
VP of Sales,
and David Nash,VP of Prof Srvcs.

Rapport & ProFinia
Privately Held
Wells Fargo
Daimler Chrysler Corp.
3
Shaw Systems
www.shawsystems.com
1967
808 Moorefield Park Drive, Suite 210
Richmond, VA 23236
(804) 272-3800
sales@shawsystems.com
192
Cyndy Stone
Consulting
Internet Enabled Applications
Lease Accounting
Consumer Loan Accounting
Commercial Loan Accounting
Loan Tracking
Collections/Customer Service
N/R
28 of the top US Banks and 7 top captive automotive finance companies run Shaw applications.
4

White Clarke North American (e)
www.whiteclarkenorthamerica.com
1992

Contact Information: Lisa Campbell Marketing Manager
White Clarke North America
150 Ferrand Drive, Suite 1101
Toronto, ON M3C 3E5
Phone: 416 467 1900
Fax: 416 467 9094
Email: lisa.campbell@na.whiteclarkegroup.com

175
Debbie Carroll
N/R
Privately held

ADP Credit Corp.
Canadian Remarketing Group,
Fair Isaac & Co.
First National Equipment Finance,
Ford Credit - Europe, Latin America, Asia Pacific, UK,
John Deere Credit,

5

CHP Consulting
401 North Michigan Avenue Center
401 North Michigan Avenue
Suite 1200
Chicago, IL 60611
info@chpconsulting.com

www.chpconsulting.com
Year founded 1990

160

Steve LeBarron
VP of Marketing, North America

 

CHP Consulting has been delivering system solutions to leading asset and motor finance companies worldwide for since 1990. CHP has in depth industry expertise in leasing and asset finance, with an exceptional delivery record.

- Proven end-to-end functionality.
- Adapts to specific business requirements.
- One system to handle both lease and loans.
- Rapid product time to market.
- Responsive, local support services.
- Exceptional delivery record.
- Over 30 live sites.

Privately held

Abbey National, Alliance & Leicester, Asset Advantage, Bank of America, Barclays Asset Finance, Barclays Technology Finance, Capital Finance, CitiBank, Clydesdale Bank Asset Finance Ltd, Co-operative Bank, Commonwealth Bank of Australia (CBA), Deutsche Bank, Dresdner Kleinwort Wasserstein (DrKW), GE Capital Key Lease, HBOS, HSBC Asset Finance UK, HSBC Rail, Hitachi Capital, IBM Financial Services, ING Lease, Investec, Leasedrive, Lloyds TSB Asset Finance Group, Lloyds TSB Structured Asset Finance, Lombard Business Finance, Lombard Corporate Finance, Lombard Technology Services, Lombard Vehicle Management, National Australia Bank, National Irish Bank, Nissan Finance (GB), Northern Bank, SEB Finans, Société Générale Equipment Finance, Textron Financial Corporation, Virtual Lease Services, Yorkshire Bank

6

Apak Group
www.apakgroup.com
1977


APAK Group plc, APAK House, Badminton Court, Station Road, Yate, BRISTOL, BS37 5HZ, United Kingdom +44 (0) 1454 871000 enquiries@apakgroup.com

155
Tony Bracey
Wholesale Finance WFSv5 - integrated stock finance and loans administration system. Ecommerce financial proposal systems EPS. Core Banking Software and services.
Varied
Union Energy,
MTC Leasing Inc., Finning, Koch Industries, Wittern Group,
Patterson Dental Supply, Inc., Neon,
Cessna Aircraft Corp., NatWest Group Plc, American Express, Bank of Scotland, Toyota Financial Services (UK),
7

Taxware, LLP
N/A
www.taxware.com
401 Edgewater Place
Suite 260
Wakefield, MA 01880
USA
780-557-2600
781-557-2609 - Fax
Anna Kobierski - Tax Counsel
Email: amy.kobierski@taxware.com

150
N/A
N/R
N/R
N/R
8
Capital Stream (b)
1995
www.capitalstream.com
866.779.4733 or 949.448.4683
info@capitalstream.com
100
Kevin Riegelsberger
Installed at 9 of the top 40 US Banks. Leading provider of front office automation software for equipment finance, small business lending, commercial lending and CRE lending.
Privately Held

Major Clients:
AgStar Financial Services,
Arrow Capital,
Bank of America ,
De Lage Landen,
Koch Financial,
McKesson Capital Group,
Siemens Financial Services,
TCF Leasing,
Raymond Leasing

9
Cyence International (g)
Year Founded 1996
www.cyence.com
81
Peter Hyne

 

n/a
Major Clients: Pitney Bowes Global Credit Services, Volvo Commercial Finance, VFC Inc., MTC Leasing Inc., Relational Funding, Comark and others.
10
eCredit
www.ecredit.com
1993
75
Deepak Verma
nFusion - Web-based credit processing
-We don't disclose this
CIT Group,
CitiCapital ,
Textron Financial, Ryder System, XTRALease, Xerox
11

LeaseTeam
4139 S. 143rd Circle
Omaha, NE 68137
800.531.5086
leaseteam@leasteam.com
www.leaseteam.com
1989

60
Russ Hallberg, President
Randy Haug, Senior Vice President
See footnote (a)
N/R

All Points Capital, Americorp Financial, LLC, Balboa Capital, IFC Credit, The Matsco Companies, Popular Leasing & Raymond Leasing.

(over 250)

12
McCue Systems
A subsidiary of NetSol Technology

McCue.com

1973
66
John McCue
LeasePak Lease/Loan Management System / Lease enterprise consulting / System implementation, integration, and training / Customized development
Confidential
KeyBank / Volkswagen Credit / ORIX AUS / BancOne / MC Leasing / Bank of Tokyo - Mitsubishi
13

Tax Compliance, Inc.
10200-A Willow Creek Road
San Diego, CA 92131
P: 858.547.5100 x316
F: 858.547.410
www.taxcomp.com
2003

50
Scott Strauss
Exec. VP
sstraus@taxcomp.com
Personal and Real Property Tax software, compatible with most accounting softwares.
N/R
N/R
14
LiveCapital
www.livecapital.com
1996
45
Mike Grossman
LiveCapital Solution for Lease Origination
N/R
Siemens, Waste Management, US Steel, Kubota Tractor, PC Connection
15
30
Karen Wendel
N/R
N/R
ADP,
eScout,
NEC,
HP,
Navidec
16
Vision Commerce (c)
www.visioncommerce.com
13
Steve Lundergan
N/R
N/R
Hitachi Credit America All Points Capital Firerock Capital
Thalman Financial Services BSBLeasing/Procure Financial Services
17
Dominion Leasing Software (d)
Lease Complete©

P.O. Box 550, Powhatan, VA 23139
804 403 3710
Founded 2003
www.dominionls.com

11

David F. Hill VP Sales & Marketing
X715

Please read Note d, below for information about LeaseComlete.
Privately held
Diverse client group including commercial banks, credit unions, and independent leasing companies.
18
FinanceEdge Software, LLC
2006
5959 Central Ave. Suite 103
Saint Petersburg, FL 33710
United States
877-360-7855
727-381-6937 - Fax
financeedgesoftware.com
8
Cha Loh, COO
N/R
N/R
N/R
19

Litehaus Systems
2003
Corporate Headquarters
2040 7445 132 nd Street Surrey, BC V3W 1J1 , Canada
Tel: + 1 604-594-0044
Fax: + 1 604-594-0021
info@litehaus360.com
www.litehaus360.com

8

Anthony Carrol
Founder, Director
CFO, Director
John Kos  

Litehaus complete end to end lease management solutions for small to mid size brokers, Lessor,  consulting, customization, Lease training and other services available

Privately Held

N/R
20

Senour Designs, Inc
(800) 473-5358 or
(866) SDI-FITS
www.senourdesigns.com
Founded 1991
info@senourdesigns.com

8

Jane Lentz Jones

SDI F.I.T.S. – End-to-End Lease/Loan origination and accounting software.

N/R
N/R
21

Better Programs www.betterprograms.com
1985

Chad W. Russell Vice President
Better Programs, Inc.
5852 West Pacific Circle
Denver, CO 80227
Phone: 303 986 1969
Fax: (610) 602-5400
Email: crussell@betterprograms.com

5
Charles R. Oleson
See description (i)
Privately Held
Large user base across the U.S. and Canada.
22
Preferred Business Solutions www.pbs4u.com
2001
5
Jim Buckles
Support and Sales of Advantage (upgrade from System 1 (2.5) program). Support and sales of alaQuote, web based lease payment calculator, quote and on-line application tool. Custom report writing, template creation & web development.
25 - 30 new clients
N/R
23
Cornerstone Software www.cornerstonesoftware.com
N/R
N/R
N/R
N/R
N/R
24
Experian-scorex
www.experian-scorex.com
N/R
N/R
N/R
N/R
N/R
25
Financial Computer Systems, Inc.
1975
196 Danbury Road
Wilton, CT 06897
Tel. (203) 761-7915
www.ez13.com

sales@ez13.com
N/R
CEO: A. George Hill, Jr.
EZ13: lessee lease accounting software ComplyPak: accounting service for lessee, lessor, and subleases, leasehold improvements, foreign currency translation, and more
Privately held
Clients: Chain stores & restaurants, telecommunications firms, manufacturers, and others 
26
Integrated Financial Services www.ifsleaseworks.com
N/R
N/R
N/R
N/R
N/R
27
Ivory Consulting
www.ivorycc.com
N/R
N/R
N/R
N/R
N/R
28
N/R
N/R
N/R
N/R
N/R
29
Odessa Technology
www.odessatech.com
N/R
N/R
N/R
N/R
N/R
30
N/R
N/R
N/R
N/R
N/R
31
Summit National (h)
www.summitnational.com
N/R
N/R
N/R
N/R
N/R
32
Systems for FinancialAccounting www.sffainc.com
N/R
N/R
N/R
N/R
N/R
33
Thoughtworks
www.thoughtworks.com
N/R
N/R
N/R
N/R
N/R
34
UCC Direct
www.uccdirect.com
N/R
N/R
N/R
N/R
N/R

N/R No Response
*as reported by receptionist.

(a) LeaseTeam - Additional Services offered: American Lease Insurance, ClearView Portfolio Manager, Crystal Reports, Dun & Bradstreet, ECS Financial Services, Fair Isaac LiquidCredit, MelissaData, MicroBilt, Microsift Dynamics GP, PayNet, Premier Lease & Loan Services, Property Tax Management Systems (PTMS), Report Distribution Manager, Reporting Database System, Taxware, UCC Direct, UCC Tracking and Vertex. LeaseTeam is a Microsoft Gold Certified Partner.

(b) WiredCapital/CapitalStream
October ,2001,WiredCapital and Capital Stream "merged" and the corporate officers of WiredCapital kept the name but took over management.
http://www.leasingnews.org/archives/October2002/10-31-2002.htm#takeover

One of the cofounders, John Kruse, resigned January 1, 2003.
http://www.leasingnews.org/archives/Januray%202003/1_07_03.htm#john

They "integrated" with Ivory Consulting Partners in early March.
http://www.leasingnews.org/archives/March%202003/03-03-03.htm#capital

(c) Description of Services: Vision Commerce delivers unparalleled front-end e-commerce solutions to the Equipment Leasing and Finance Industries. Vision Commerce provides a front-end solution for proposal delivery, processing credit applications, status reporting and documentation via the Internet. We offer a suite of technology solutions. Vision Commerce delivers its lease origination and marketing system through an Application Service Provider (ASP) model, hosted solution or as an in-house solution. The ASP offering allows us to provide rapid and economical solutions to Subscribers. Vision Commerce has all the technical capabilities to securely support thousands of simultaneous users processing quotes and applications through the Internet. Software enhancements are applied regularly to the ASP solution at no additional cost to Subscribers.

Vision provides typical origination, workflow, decisioning, and documentation capabilities. Our product is differentiated from the rest by its marketing and co-branding capabilities. Vision Commerce hosts hundreds of private-label or custom program leasing sites supporting more than 2000 users. With Vision, our subscribers can quickly and economically deploy solutions that meet the individual requirements of vendors, manufacturers, distributors, brokers, funding sources, and partners. We understand that each relationship is different, and we have constructed our product to adapt to changing business rules.

Vision is a single solution that allows internal staff to collaboratively originate, score, price, and document in one integrated platform.

Developed using the Microsoft .NET framework, Vision showcases the versatility of the latest Internet development tools. This industry leading technology is a secure and reliable solution now and a robust foundation for enhancements planned to extend support to the leasing and finance industries.

Recent Enhancements: In February 2003, Vision Commerce, Inc. released its Vision Framework. The new framework supports the ASP, Hosted and In-House solutions all with the same degree of flexibility, scalability and configurability.

Linda Lundergan
Vision Commerce, Inc.
866-707-9929
636-669-1400
linda@visioncommerce.com

(d) LeaseComplete© is a comprehensive lease accounting and asset management solution that is widely recognized as the premier custom solution for both equipment and vehicle lease portfolios. Our value-added approach to system design provides features that allow you to add services for your customers that both garner repeat business and provide additional revenue sources for your company.  For more information, please visit our website where you can take a virtual tour of the System and schedule your own private web-based demonstration. http://www.dominionls.com/ .

Thank you.
David Hill
Dominion Leasing Software, LLC
david.hill@dominionls.com

(e) White Clark - Consulting Services
WCNA offers a portfolio of consulting and implementation services including feasibility studies, process analysis and design, system requirements, project rescue, compliance requirements (Basel II, Sarbanes Oxley, Patriot Act), securitization and interim management.

Products

CALMS (Credit Adjudication and Lending Management System), is automates front office processes with proven, reliable systems that meet your priorities and support the way you do business. CALMS components (Application Generator, Deal Structuring System, Decision System, Document Management System, Asset Inspection System, Auction & Remarketing System) offer best of breed technology that directly improve business performance.

(f) International Decision Systems
Fortune 500 Global Companies Select Rapport™ from International Decision Systems, Release 5.5 Now Available

(g) Cyence - ExpressOS TM is an enterprise-wide software solution based on Microsoft's .NET platform, providing end-to-end business process automation in the areas of sales force automation, deal originations, transaction structuring, credit adjudication, documentation and auditing for all types of commercial and consumer financing transactions.


ISIS is a multi-tiered application suite built on the Windows operating system platform. It consists of a client side application, ISIS Desktop Client, a server side application, ISIS Data Engine, and an assortment of specialized clients for interfacing with outside systems to support functions such as Lease Accounting, Credit Scoring and UCC filing.

(h) Summit National, Inc. is a leading global provider of lease accounting software and services for the equipment, computer, and automobile leasing industry. Our suite of systems include: AP 2000, MILLENNIA, OPTIMA, & MAXXUM. Summit also offers Application Service Provider and Outsourcing services.

Summit's 350+ client/user base include 18 of the Monitor 100. Summit also provides software and services for leading small and mid-range banks, leasing companies, and other captives.

April 5, 2005 Summit National filed for bankruptcy.

http://www.leasingnews.org/Conscious-Top%20Stories/Summit_nat.htm

Ken Duffy, Sr., President of Summit National, requested that we put his company back on the Leasing News list of companies that specialize in leasing software:

"We have not sought publicity in this matter but our exclusion from the vendor list deserves a response. United Airlines (and other well known entities) are also in CH11 but they're not out of business. Nor are we. As your research of court docs should have revealed, SNI was forced to take the protective CH11 action due to an unfriendly takeover attempt. In fact the party attempting the takeover tried to have the CH11 dismissed in order to pursue their objective. The Court in Chicago(05-B15565) issued its opinion dismissing their motion on 7/19. On 8/18 the 6th Court of Appeal in Cincinnati(03-1796) affirmed SNI's summary judgment and permanent injunction for breach of contract against this same party granted by the Federal District Court in Detroit(02-71871). The jury trial for damages to SNI under the judgment is scheduled for 11/01/05 in Detroit. I think you have drawn an improper conclusion and I would like you to correct it. We have been friends for a long time and !

" I trust this exclusion was simply an innocent misunderstanding of the facts. Please restore our listing as it has been in the past."

Leasing News has included the company back on the list, but footnotes its present condition.

(i) Better Programs - TURBO-Lease is a lease accounting software capable of processing all types of equipment and vehicle lease portfolios. The system is easy to use, yet its power, flexibility, and completeness surpass those costing many times its price.

TURBO-Lease offers complete receivable administration including billing, ACH processing and aging of lease payments, late charges, property taxes, insurance charges, and sales and use taxes. Monthly accounting reports provide accurate totals of cash receipts, account balances, FASB 13 income, initial direct costs, residual income, and equipment depreciation including alternative minimum tax. Management reports provide summaries of new business activity, lease expirations, residuals due, insurance expirations, location and ranking. The system handles complex irregular payment structures such as skip, step, variable, quarterly, and annual. All reports can be sent to printer, screen or MS-Excel to provide valuable flexibility in data analysis.

Other features include, delinquency reporting and a collection module to schedule and track collection activity; forecasting including income, depreciation and discounted cash flows of payments and residuals; payoffs; on-line viewing of payments, charges and past due payments. Complementing TURBO-Lease are easily added modules for loan accounting, notes payable, ACH processing, asset tracking, and an interface to popular general ledger packages. Interfaces are available to front office automation systems, sales tax rate services, property tax and insurance processing. See our web site for more details. www.betterprograms.com


 



www.leasingnews.org
Leasing News, Inc.
Saratoga, California
kitmenkin@leasingnews.org