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Red Socks versus Redbirds
World Series opens
at Fenway on Saturday; Sox face St. Louis
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Your One stop solution for training and reference material for the Leasing Professional
|
Friday,
October 22,2004
Headlines---
Classified
Ads---Asset Management
Pictures
from the Past—December, 1978-Fred Shieman
The
30 Year History of UAEL---Part IV
IPA
Names Nation’s Best-Managed Accounting Firms
Cyence
Solutions Offer Electronic Signature
Online
Invoicing Services from IDS and Avolent
Golden
West Financial Services
Changing
of the Guard at Bank of the West
Preferred
Capital/American Lease Insurance
######## surrounding the article denotes it is a “press
release”
-------------------------------------------------------------------------------
Classified
Ads---Asset Management
Austin, TX.
20+ years exper. lease/finance. P & L responsibility, strong credit & collection management, re- marketing& accounting. Computers, construction, auto & transportation. Both commercial/ consumer portfolios.
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MI.
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20+ years experience in equipment financing. Last five years in Asset Management including remarketing, end of lease negotiations, equipment and market evaluations
E-mail: bgaffrey@earthlink.net
92 “Job Wanted” ads at:
http://64.125.68.90/LeasingNews/JobPostings.htm
-------------------------------------------------------------------------------
Pictures
from the Past—December, 1978-Fred Shieman
“Western Association
of Equipment Lessors elected a new slate
of officers for 1979
at the Maui Conference. The
income president is Fred Shieman of California Group Services in San
Francisco. Shieman has been active in WAEL since its early formative
days, and served the association as vice president for 1978 and earlier
as secretary treasurer.
“WAEL’s new president
started his firm, a real estate financing development operation, in
1971. IN the early years the firm concentrated in construction equipment,
leasing and conditional sales contracts.
They developed some combination types of financing of real estate
and equipment along with concurrent equipment leasing, and later provided
some leasing services for manufacturers and equipment
“Fred graduated from
the University of California, Berkeley, and reports he has one wife,
two children. They live in Walnut
Creek, and Fred
While flying by himself,
Shieman’s plane crashed due to bad weather conditions. According to Duane Russell, CLP, who submitted
the above poem for the February, 1990 UAEL Newsline, “Fred died doing
what he loved. He loved flying.”
High Flight
A poem by John Gillespie Magee, Jr.
Oh, I have slipped the surly bonds of earth
And danced the skies on laughter-silvered wings;
Sunward I've climbed and joined the tumbling mirth
Of sun-split clouds—and done a hundred things
You have not dreamed of—wheeled and soared and swung
High in the sunlit silence, hov'ring there,
I've chased the shouting wind along and flung
My eager craft through footless halls of air
Up, up the long, delirious, burning blue
I've topped the windswept heights with easy grace
Where never lark or even eagle flew.
And, while with silent, lifting mind I've trod
The high, un-trespassed sanctity of space,
Put out my hand and touched the face of God.
At the time of his
departure, Fred D. Shieman was chairman of the board, Matsco Financial
Corp., Walnut Creek, California. His son
that market.”
• Practice acquisition
& start-ups
• Expansion and improvement
projects
• Equipment purchases
• Commercial real
estate purchases
• Business refinancing
& lines of credit
“Matsco is the only
practice financing company endorsed by American Dental Association Member
Advantage.”
Fred would be very
proud of his son Matt and the solid company
he has built to carry
on the Shieman tradition of leadership
and personal involvement
in the industry and society.
-------------------------------------------------------------------------------
 |
The
30 Year History of UAEL---Part IV
by
Kit Menkin
“UAEL ANNOUNCEMENT
Date: December 29, 2000
To: Members of UAEL
This announcement
is made with great pleasure; Joan Dalton is appointed Managing Director
of United Association of Equipment Leasing, effective January 1, 2001.
Travis
Foxx, Merchant Capital, with United Association of
Equipment
Leasing’s always effervescent Joanie Dalton.
“In assuming this
new assignment, Joanie replaces Dr. Raymond Williams, Ph.D., CAE whose
resignation was announced in October.
While Joanie's assignment
will embrace many functions, her greatest contribution will come from
these three areas:
a.. Involvement -
Getting our members active on committees
b.. Networking - Bringing members together through regional events,
conferences and online
c.. Education - Providing current and timely topics Joanie is a native
of San Francisco and continues to live in the City with her husband
and two daughters.
UAEL - United Association
of Equipment Leasing
IT'S ALL ABOUT SUCCESS: Involvement * Networking * Education”
### Press Release
######################
November 20,2001
Ex-WAEL Prez to Be New Chief Executive Officer
Joe Woodley, CLP, is the new full-time United Association of Equipment Leasing ( UAEL )Chief Executive Officer. He will continue at Westover Financial. Steve Jones is the president of Westover. He
was president of the organization in 1987, when it was the Western Association
of Equipment Lessors
( WAEL )..
Joanie Dalton, former executive former meeting planner, executive director, has been elevated to
Chief Operating Officer.
“ This is a very,
very positive move for our association, “ Joanie Dalton said.“ It is
also both very positive for me personally and professionally…to have
a mentor such as Joe Woodley is perfect.
We can provide more benefits to our members. 2002 will be an
exciting year for UAEL.”
Bill Grohe, who was president of the organization in 1991 when it was WAEL, remains as
membership director.
Since the departure
of long time executive vice-president Dr. Raymond Williams, CAE, Joanie Dalton along with the executive committee,
utilized “outsourcing” to keep the budget in line.
2001 president Chuck Brazier, CLP, Centerpoint Financial,
says it is “ time
to get the executive committee out of running the office and to spend
more time with members, listening to them, providing solutions, and
being more active.
“This will provide
consistent leadership, giving Joanie more time to run the office, work
on conferences. It will give
management more time to work with members, plus give time to the executive
committee to meet with committees, make committees work, and bring balance
back to our organization.”
Brazier said the 2001 UAEL board meeting along with the
2001 UAEL
Board UAEL board
meeting in Hilton Head, South Carolina produced many positive changes....
“ We need to get
the executive board and board back to member services, “ he said. “
Joe is doing this job out of the love for the association, as Bill Grohe
is doing…not for the money.”
### Press Release
##############
RE: Appointment
of Joe Woodley, CLP as CEO
TO: Kit Menkin
FROM: President Chuck
Brazier, CLP.
Vice-President Bob
Fisher, CLP
Secretary-Treasurer
Bette Kerhoulas, CLP
Immediate Past President
Bob Rodi, CLP
2002 Secretary-Treasurer
Elect Jim Coston
The UAEL Board of
Director's selection of Joe Woodley, CLP is part of UAEL's continued
thrust to provide its membership with the best possible leadership and
is but one piece of a full revitalization of UAEL beginning during the
end of 2000.
At the end of 2000,
we empowered a search committee to find a Managing Director. Joanie
Dalton stepped up and won the support of the committee as well as support
of the Board of Director's. Now we have the opportunity to tap the experience
of a long-time member and Past President in the newly appointed position
of CEO to further develop not only the UAEL focus but also the staff.
Joe Woodley, CLP has the full support of the staff and the Board of Directors. The members who know him personally know he will do the job successfully. He will make a tremendous difference in 2002. Also, this will allow the Board of Directors more time to communicate with and be involved in the
membership needs.
As incoming President,
Bob Fisher, CLP said in Leasing News; "Challenges are met with
action and not fear of the future." While he was not writing about
this subject, his statement clearly explains the fundamentals of why
we chose a person with such rich leasing experience as Joe Woodley,
CLP.
During my tenure,
we worked diligently to build a more stable UAEL foundation. Now, with
Bob Fisher, CLP as President, Joe Woodley, CLP as Chief Executive Officer,
Joanie Dalton as Chief Operating Officer and Bill Grohe as Director
of Membership, the members will reap the rewards of the experience and
history they each have to offer.
UAEL has been very
successful offering the best education, the development of the CLP Program,
and providing a forum where each member firm has the right to vote on
issues. UAEL will continue this success because of the strong foundation
that has been established which allows the Executive Committee and Board
of Directors more time to develop new and exciting educational events,
networking opportunities and ways for members to get involved. Remember,
"It's All About Success: Education, Networking and Involvement".
### Press Release
############
1986 Western Association
of Equipment Lessors President Ted Parker, Charter Equipment Leasing
(left) admonishes 1987 President-elect Joe Woodley, Westover Financial,
IN. to “ talk softly and carry a big stick” as he passes the gavel.
Joe Woodley turns
gavel over to Ben Millerbus,1998 President
November, 1987 WAEL
Newsline
December, 1985 WAEL
Newsline introduced 1986 officers: “WAEL
Vice-President Joe
Woodley, is president of Westover Financial, Inc., San Clemente, CA. He served as WAEL’s 1985 Secretary/Treasurer
and a member of the Executive Committee.
“Joe has been active in the leasing industry for 15 years, starting
with a position with the Burroughs Corporation after his graduation
from the University of Albuquerque. He was involved in private leasing
in 1972 and 1975-77, spending the interim years with St. Paul Leasing. He was Vice President/Marketing at Colonial
Pacific Leasing Company from 1977-85.
“ Joe has been on the WAEL Board of Directors since 1982, and was
Program Chairman for the Spring Conference in 1985. He served as Board Liaison to the Brokers Committee in 1983, and
the Membership
Committee in 1984,
and was Chairman of the Management Review Committee and Government Affairs
Task Force.
“His special responsibility
for 1986 will be the WAEL Local Meetings, for which he will supervise
and assist the 11 Regional Chairpersons in program planning and development.”
June 26,2002 Joan
Dalton “leaves”
" United Association
of Equipment Leasing Executive Committee, Bob Fisher, CLP President;
Bette Kerhoulas, CLP Vice President; James Coston, Secretary/Treasurer
and Chick Brazier, CLP Immediate Past President, along with Joe Woodley,
CEO of UAEL announced today that Joanie Dalton, COO of UAEL has submitted
her resignation effective July 3rd, 2002.
Joanie has been with
UAEL since March of 1999. Mrs.
Dalton has decided to pursue another opportunity outside the non-profit
Association arena.
The Officers, Board
of Directors and Staff of UAEL wish her success in her new endeavor."
Bob Fisher, CLP
CEO
UAEL Elects First Female President
Oren Hall, emeritus
member, former president of the United Association of Equipment Leasing
(UAEL), made the motion from the floor, and President Bob Fisher, CLP,
made the announcement, “ In the first 26 years of our association, we now have a female president, Bette Kerhoulas,
CLP.
2000
Bette Kerhoulas, CLP
Pacifica Capital
(“Winner of Closest to the Pin”)
“As this years UAEL
President I am genuinely excited about the entire 2003 Board and its
composition, “ then UAEL President Bob. Fisher, CLP added in the announcement.
“. Bette heads into 2003 with
a solid board with a broad cross section of UAEL member’s interests
represented. I have know Bette since the mid 1980’s and
have found her to be a true leader within our industry and a successful
business owner with a pulse on the industry as well as a solid, professional
reputation.”
The choice of the
Oakland office came from former executive director Jon Bednerik, who
lived on a boat in the marina near Jack London Square in Oakland, California. With Joan Dalton gone, Joe Woodley commuting
from Southern California, the best prerogative was to
change the location.
“The move of the
UAEL office was determined to be feasible when the Landlord agreed to
allow UAEL to terminate its lease.
The Landlord found a new tenant to occupy the facility without
any penalty to UAEL. The savings to UAEL will be substantial; the
new lease is 2/3's per month less than the old lease. The phones were to have been live, Azin is to handle incoming calls.
Bill Grohe is settled in his home office ( in San Francisco )and continues
to handle business.
“The economic benefit to the membership should be immediate!”
Bob Fisher, CLP
CEO
Jim McCommon, CLP,
UAEL Media Representative, issued a press release on behalf of the board
of directors that the move would be made by December 1,2002.
(I had planned to
up-date from the 30th Anniversary Conference,
In the interim, here
are:
UAEL 2005 Board of
Directors Nominating Committee
Chair: Bette Kerhoulas,
CLP—Past President—Pacifica Capital
Chris Jupka, CLP—Montana
Commercial Credit, LLC
Stephanie Manganaro—LeaseTeam,
Inc.
Mohammed Ahsan—Quail
Capital, Corp.
2004 Board of Directors
President Jim Coston,
CLP
Coston, Fioretti
& Lichtman
407 S. Dearborn #600
Chicago, IL 60605
Phone: 312-427-1930
Fax: 312-427-7356
Email: jcoston@costonlaw.com
Immediate
Past President Bette
Kerhoulas, CLP
Pacifica Capital
8105 Irvine Center
Drive
Irvine, CA 92618
Phone: 949-727-3711
x227
Fax: 949-727-3722
Email: bettek@pacifica-capital.com
Vice President Terey
Jennings, CLP
Financial Pacific
Leasing, LLC
3455 S. 344th Way
Federal Way, WA 98001
Phone: 888-239-8338
Fax: 800-447-7106
Email: tereyj@finpac.com
Secretary/Treasurer
Victor Harris
Law Offices of Victor
Harris
1050 Northgate Drive,
#360
San Rafael, CA 94903
Phone: 415-479-8000
Fax: 415-479-8111
Email: vhlaw@prodigy.net
Board Members Bob
Baker, CLP
Wildwood Financial
Group, Ltd.
16292 Westwoods Business
Park
Ellisville, MO 63021
Phone: 800-373-3581
Fax: 877-235-0808
Email: baker@wildwoodfinancial.com
John Donohue
Direct Capital Corporation
215 Commerce Way
Portsmouth, NH 03801
Phone: 603-431-3335
Fax: 603-430-9701
Email: jdonohue@directcapital.com
Randy Haug
LeaseTeam, Inc.
11510 Blondo Street,
Suite 200
Omaha, NE 68116
Phone: 402-493-3445
Fax: 402-493-3433
Email: randy@leaseteam.com
Marci Kimball-Slagle,
CLP
Jim Lahti, CLP
Heritage Affiliated
Corporate Services, LLC
401 East Corporate
Drive, Suite 250
Lewisville, TX 75057
Phone: 972-221-7335
Fax: 972-221-7336
Email: jrl@acsitx.com
Ron Lear
PFF Bank & Trust
6731 Brentwood Drive
Huntington Beach,
CA 92648
Phone: 714-960-7837
Fax: 714-960-6427
Email: learlease@aol.com
Jim McCommon, CLP
McCommon Leasing
Company
2800 Northup Way,
Suite 205
Bellevue, WA 98004
Phone: 425-827-7345
Fax: 425-827-6386
Email: jim@2lease.com
Paul Menzel, CLP
Santa Barbara Bank
& Trust
PO Box 60607
Santa Barbara, CA
93160-0607
Phone: 800-653-2737
x1650
Fax: 800-350-1600
Email: paulm@sbbt.com
Tom Mulally
Szabo, Spencer &
Mulally
14156 Magnolia Boulevard
Sherman Oaks, CA
91423
Phone: 818-784-8700
Fax: 818-784-5406
Email: tom@ssmlaw.com
Brad Peterson
Manifest Funding
Services
1450 Channel Parkway
Marshall, MN 56258
Phone: 507-532-7194
Fax: 800-433-6185
Email: jb.peterson@themanifestgroup.com
Rudy Trebels, CLP
IFC Credit Corp.
8700 Waukegan Rd,
Suite 100
Morton Grove, IL
60053
Phone: 847-663-6710
Fax: 847-663-6704
Email: rtrebels@ifccredit.com
UAEL Staff Joe Woodley,
CLP
Executive Director
78120 Call Estado,
Suite 201
La Quinta, CA 92253
Phone: 760-564-2227
Fax: 760-564-2206
Email: jwoodley@uael.org
Bill Grohe
Director of Marketing
189 Galewood Circle
San Francisco, CA
94131
Phone: 415-681-2234
Fax: 415-681-0113
Email: bill@uael.org
Mike Wood
General Manager
78120 Calle Estado,
Suite 201
La Quinta, CA 92253
Phone: 760-564-2227
Fax: 760-564-2206
Email: mike@uael.org
--------------------------------------------------------------------------------------------------------
IPA Names Nation’s Best-Managed Accounting
Firms
AccountingWEB.com --
INSIDE Public Accounting named 25 public accounting firms from across
the country as the nation’s best-managed accounting firms for 2004,
based on fiscal and management performance. (See list below.)
The firms, featured in
the October 2004 issue of INSIDE Public Accounting, range in size from
$267 million to less than $2 million in net revenue. They cover diverse
geographic locations, stretching from New England to the Pacific coast.
Size and geographic location are not criteria for inclusion on the list.
IPA’s best-managed accounting
firms are selected from the hundreds of firms that participate in the
publication’s annual survey of accounting firms. The selections are
based on more than 30 criteria that serve as commonly accepted indicators
of great management of accounting firms. They include (but aren’t limited
to) revenue growth, profitability and profitability growth, human resources
and staff issues, management of resources and rewards to owners.
IPA selects the nation’s
25 best-managed accounting firms annually and refers to them as IPA’s
“Best of the Best.” The publication also selected 25 firms as “Best
Of The Best Honorable Mentions,” which serve as runners-up and complete
IPA’s 2004 list of the 50 best managed firms in the nation. The full
list of IPA’s “Best of the Best” can be found at www.hudsonsawyer.com.
“We use a rigorous process
for selecting the 25 best-managed accounting firms. This designation
is one of the most elite honors an accounting firm can receive, because
it’s based entirely on fiscal and operational performance,” said Julie
Lindy, editor of INSIDE Public Accounting. Added Martha Sawyer, publisher
of INSIDE Public Accounting, “The management standards and performance
of these 25 firms are second to none among accounting firms nationwide.
It’s our pleasure to bestow this distinctive and prestigious honor on
each of them. They truly represent the best of the best in the realm
of accounting firm management.”
2004 Best of The Best
America’s Best Firms Based on Fiscal and
Management Performance
http://leasingnews.org/PDF/IPA_names2.pdf
2004 Best of The Best Honorable Mentions
America’s Best Firms Based on Fiscal and
Management Performance
http://leasingnews.org/PDF/IPA_names3.pdf
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### Press Release
##############################
Dan
Stone receives ‘Ebby’ for service to leasing industry and The OVLA
COLUMBUS – A former
president of The Ohio Vehicle Leasing Association and long-time leasing
activist was awarded The OVLA’s Edward L. Glockner Award or “Ebby” at
the Association’s 48th year Fall Leasing Conference here Thursday, Oct.
21.
Dana H. (Dan) Stone,
OCLC, the owner-president of Stone Leasing Inc., Columbus, received
the award in recognition of his years of service to the vehicle leasing
industry and The OVLA.
Stone joined The
OVLA in 1977 and after holding several offices served as president of
the largest and oldest state association representing the vehicle leasing
industry in the nation in 1997 through 1998. He currently is the Association’s
secretary-treasurer.
He earned his Ohio
Certified Lease Consultant or OCLC designation with the first class
in 1997. The 16-hour education program was initiated “. . . to provide
a cadre of well-trained lease consultants who can, together with their
employers, prosper, while separating the professional from the ordinary
through the attainment of knowledge and a high standard of conduct.”
Stone and his wife
Jane reside in the Columbus suburb of Upper Arlington and have two daughters
and two grandsons.
Nominations from
members are sought by The OVLA for the “The Ebby” which was created
by the Board of Directors in 1994 to recognize individual effort and
is named for Edward L. (Ebby) Glockner, the retired owner of Quality
Car & Truck Leasing Inc. and Glockner dealerships, Portsmouth.
Glockner served CATRALA
of Ohio Inc., the parent organization of The OVLA, and the Car Renting
and Leasing Conference of Ohio, a predecessor to The OVLA in a number
of capacities from 1977-89.
One of Glockner’s
last jobs was to assist with the transformation of Car Conference into
The OVLA in 1989. He attended the 48th year Fall Conference Thursday
as well as the 48th year Convention last May.
Previous Glockner
Award Winners:
1994 – Louis N. Vitale
and Gary Huff of Bank One Acceptance Corp., Columbus
1995 – Robert L.
Geier of CalCorpCo, Solon
1996 – Jeffrey S.
Larger of NFS-QAL Sales & Leasing Services, Columbus
1997 – Mark VanNest
of MotorWerks Inc., Dayton
Contact: Dick Lightner
at 1.800.369.5633 or
ovla @uautolease.com
###
Press Release #######################
Repo
Trends Vary By Industry, Business Quarter
ROSLYN
HEIGHTS, NY., —Nassau Asset Management’s NasTrac Quarterly Index (NQI)
indicates that repossessions of tractor-trailer trucks declined 70
percent in the third quarter (Q3) compared with the same time frame
in 2003--welcome news for lenders and truckers following an upswing
in repos mid-year.
“This
summer truck repossessions climbed 33 percent between first and second
quarter, when truckers were battling rising fuel and insurance costs,”
says Edward Castagna, senior executive vice president of Nassau. “What
we saw in Q3 was in line with the overall decline in equipment repossessions
that began in 2003.”
Repossessions
of machine tools, a closely watched barometer of economic activity,
dropped 72 percent in Q3. This finding correlates with other indicators
within the manufacturing industry. In August, U.S. machine tool consumption
to date in 2004 was up 38.4 percent compared with 2003, according
to the Association for Manufacturing Technology and the American Machine
Tool Distributors Association.
Repossessions
of medical devices in Q3 declined by 15 percent, a nominal change,
according to Castagna. However, other sectors experienced significant
fluctuations over the summer:
Repossessions of printing presses were up 88
percent compared with Q3 2003, plus have risen consistently over all
three quarters of 2004. Castagna says this trend may be partly due
to consolidation taking place within the industry, as noted in the
National Association for Printing Leadership’s November 2003 report,
“Economic Recovery No Cure-All."
Repossessions
of construction equipment increased by 57 percent compared with Q3
2003. Castagna says this is the first time in 2004
that construction repos have risen compared with 2003. When comparing
each of the three quarters to date in 2004, in fact, construction
repos have actually declined or flattened .
Other economic indicators show that construction spending in
2004 as of August was up 9.4 percent over 2003, according to the U.S.
Commerce Department’s Census Bureau.
Nassau is watching the construction sector closely to determine
if the Q3 increase was due to greater front-end volume or an early
indication that construction businesses are responding to economic
pressure.
The
current NQI reports on the top five repossessed capital assets in
Q3 2004, which include trucks/trailers, printing presses, medical
devices, machine tools and construction equipment, according to Nassau’s
internal records on liquidations. Readers should keep in mind that
results must be viewed over several quarters to establish long-term
trends since all industries experience cyclical changes.
Nassau
also tracks many other equipment types as a function of its nationwide
remarketing operation, which liquidates all types of assets. Finance
companies and industry analysts can contract with Nassau to dig deeper
into the numbers, determining the root causes for trends and researching
specific equipment types. Companies
can use their private reports to help mitigate risk in portfolios
and/or provide useful economic indicators to their own clients.
About
Nassau
Nassau Asset Management of Roslyn Heights, NY, has been providing full-service asset management, including large-scale end-of-term fleet liquidations, full plant liquidations, asset recovery, collections, remarketing, and appraisals for more than 25 years to the equipment leasing and finance industry.
For more information, please visit
www.nasset.com or call
1-800-4.NASSAU.
###
Press Release #######################
Cyence
Solutions Offer Electronic Signature
No
more faxing, overnight couriers, and imaging systems
St.
Petersburg, FL,—Cyence International customers have yet another way
to reduce transaction time and cost in loan and lease processing. Electronic signature capability is now available
in the ExpressOS™ and Express CS™ solutions, thanks to the company’s
new alliance with Seattle-based DocuSign Inc.
“DocuSign
Express™ software gives Cyence ExpressOS™ and Express CS™ users a
simple, secure service for document signing,” says Cyence COO Greg
McIntosh. “Documents can be delivered for certified delivery
or electronic signatures to anyone who has email and a browser. No hardware is required at the point of signature,
and identities can be easily verified.”
“DocuSign’s
patented technology is like a digital overnight express envelope,”
says Court Lorenzini, CEO of DocuSign.
“Our architecture is designed for the seamless delivery and
signing of any document from any application, so it easily integrates
with current business processes.” The recipient only needs email and
a browser to securely sign online.
According
to Lorenzini, senders simply print documents into a DocuSign Express™
“Instant Envelope.” From there, they place Stick-eTabs™ wherever the
recipient’s signature or initials are needed.
When the document is sent, its contents are encrypted and stored
in a secure repository on a central server. Recipients then receive
email invitations to authenticate, review, and sign the documents
using a unique DocuSign Electronic Signature, which the system creates
and secures for each signer.
DocuSign
Express fully complies with all requirements of the Electronic Signatures
in Global and National (ESIGN) Commerce Act of 2000, federal legislation
mandating that online signing provides the same legal effect as paper-based
signatures, and is a fully legal alternative to traditional pen-and-ink
signatures.
“Electronic signature is not only many times
more efficient than the traditional use of paper and costly delivery
services,” says McIntosh. “It
also enables the rapid completion of contracts for our customers—bringing
faster deployment, healthier margins, and potentially higher revenues. We look forward to providing the many benefits of the e-signature
service as part of the Cyence collaborative solution sets.”
About
Cyence International Inc.:
Cyence International Inc. is a leading provider of Web Services software solutions for the world's banking, manufacturing, and equipment finance markets. Its software solutions, ExpressOS™ and ExpressCS™, imbed industry best practices and enable real-time, online collaboration in the end-to-end
finance
process.
From Origination to Credit Adjudication, Document Management to Auditing, Funding, and Booking, the Cyence solution has everything needed to streamline financial transactions and achieve operational excellence. For more information,
visit
www.cyence.com.
About
DocuSign Inc.
DocuSign
Inc. was founded in 2003 with the fundamental goal of enabling any
document to be sent for electronic signature as easily as it could
be printed. During 2003, DocuSign acquired the assets of
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###
Press Release ##########################
Lessors Can Now Offer Online Invoicing Services with
Integrated
Solutions from IDS and Avolent
Equipment
finance companies using IDS lease/loan accounting solutions can now
reduce administrative costs with online invoice distribution, reconciliation,
and payment.
SAN
FRANCISCO, / -- Avolent, Inc., the leading provider of Financial Relationship
Management (FRM) software, has announced the ability to integrate
its BizCast solution with lease/loan solutions from International
Decision Systems, Inc. (IDS), the global leader in comprehensive software
and services for the equipment finance industry.
Seamless integration with Avolent's BizCast enables IDS clients
using InfoLease or ProFinia to increase online customer self-service
functionality without making any changes to their existing systems.
As
competition continues to increase in the leasing environment, lessors
are demanding new ways to improve service to their customers and differentiate
their offerings from those of lower-cost providers. When integrated with BizCast, IDS solutions enable lessees to view,
pay, and manage invoices through a secure online portal. Sophisticated
reports from BizCast provide advanced analytics, including insight
into which assets are coming off lease, upcoming payments, and which
accounts are past due. Lessors
who provide this level of control to lessees will greatly improve
customer satisfaction and lower the overall costs of managing customer
relationships.
"We
are always looking for new and innovative ways to help our clients
build complete solutions," said Gary Rose, Product Marketing
Manager at IDS. "With Avolent's BizCast, we help companies using
ProFinia and InfoLease by allowing greater automation and enabling
better efficiencies. Simplifying the leasing process for lessees
is crucial to their success. We
are excited about partnering with Avolent because it helps our clients
compete more effectively."
Using
web applications provides flexibility to the leasing process. BizCast
allows dynamic grouping and consolidation of charges by asset or sub-
account, tools to easily design custom invoicing templates for private
labeling and the most demanding customers, and the ability to initiate
and resolve disputes and adjustments associated with individual assets
or line items. This level of detail and flexibility is a first
in the industry. The ability to integrate BizCast seamlessly with
InfoLease and ProFinia allows IDS clients to introduce this advanced
level of self-service quickly and cost effectively.
"We
are thrilled to be working with IDS to provide self-service capabilities
across the entire lease lifecycle," states Scott Dunlap, VP of
Marketing at Avolent. "Lessors
can now differentiate themselves through exceptional customer service
while also reducing their costs of operations."