Copernicus announced its “Solar” web software system provides flexible contract restructuring functionality for all contract types, including leases (finance and operating) and loans.

Solar’s functionality provides automated modification of the payment structure, with payment grace or interest only periods of any length, recalculation of future payments, increasing final payment or contract term extensions whilst maintaining or changing the yield as required, on a contract by contract basis.  Accounting adjustments to the balance sheet and run off are also calculated automatically.

And, in these difficult times, there is no requirement to purchase the software. The service can be provided simply and with remote working using a simple spreadsheet upload with results downloaded in any format required. The company will work with you to ensure your business can operate efficiently, accurately and effectively.

Founded in 1982, with customer installations in numerous countries, Copernicus provides end-to end functionality for the Global Finance and Leasing Industry using latest web native technology.