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Leasepath Innovates with Successful Quarterly Wave Release

August 16, 2024, 07:18 AM
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Topic: Industry News

Leasepath, the provider of the cloud-first equipment finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform, announced its latest quarterly release. This update highlights Leasepath's dedication to innovation, delivering advanced features that empower global customers without additional costs or disruptions.
 
“At Leasepath, we are committed to continuously enhancing our platform to meet industry demands,” said Leasepath CEO Jeffrey Bilbrey. “Our 'No Customer Left Behind' commitment ensures every client operates on the most current software version, keeping them at the forefront of industry standards. We are thrilled with the new features introduced in this update and remain focused on driving growth and innovation.”
 
Leasepath delivers quarterly updates at no additional cost, integrating new features seamlessly via the cloud. This ensures flexibility and minimal disruption during implementation. With an expanding team of industry experts, each update introduces more significant advancements, underscoring Leasepath's commitment to continuous improvement. These enhancements not only improve functionality but also provide users with the tools to stay ahead in a rapidly evolving market.
 
This latest release introduces a suite of powerful enhancements designed to streamline operations and offer greater flexibility for users:

  • Enhanced Integrations: New features include postcode-based Google address search, a new Proof Remote Online Notarization (RON) API integration for seamless document management, and deed report verification through ATTOM for accurate KYC and credit review processes.
  • Advanced Financial Management: Features such as interim rent functionality, syndications and bank loans, and IDC amortization on amendments and IDC closure on payoff are designed to optimize financial operations.
  • Operational Efficiency: The revamped amendment function and PayNet CMS export offer improved workflow efficiency, while the Great American Insurance Integration (GAIG CDT API, IDT, and PDT) provides enhanced insurance management.
  • Tax and Accounting Enhancements: Vertex cloud rate file integration with best matching criteria for sales tax rates, NACHA bank return file processing and reconciliation, and summarized/detail general ledger in QuickBooks export file add robust support for tax and accounting processes.

“This release reflects our commitment to delivering substantial updates,” said Michael Baez, VP of Professional Services & Customer Strategy at Leasepath. “Each new feature deployed enhances our platform’s capabilities, underscoring our dedication to customer success. We are proud of the value we bring to our clients.”
 
Leasepath continues to set the standard by offering regular, cost-free updates, empowering clients with state-of-the-art tools to maintain and elevate their competitive edge in the equipment finance sector."

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