EQUIPMENT LEASING FUNDER CASE STUDY

Client Profile
Equipment leasing funder to owner based businesses primarily in the agricultural sector.

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Client Location, Areas Served
Central Canada serving primarily central, western provinces.

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Conversion From
Mix of manual, Word document templates and Excel spreadsheets to store record lease inventory and consolidate lease payment schedules and calculations

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Problems to Resolve
Although the “home-grown” system was intelligently organized and structured for minimizing error and re-entry, the client understood that it would become unmanageable under the current and rapid growth rate.The high priority issues to resolve included:

✓ Being ahead of the curve and become proactive instead of reactive for key lease dates
✓ Achieve both time and efficiency gains through payment tracking and posting automation
✓ Obtain consolidated and detailed portfolio management information
✓ Streamline data entry from reapplication of repeat business data
✓ Obtain collection and delinquency visibility

 

Ryznware™ Results and Benefits

✓ Track and manage in-house versus securitized leases
✓ Streamline overall lease administration operations
✓ Ability to provide custom lease configurations
✓ Obtain real-time cash results and projections for customer payment inflows vs funder outflows
✓ Gain back valuable time from mundane data entry tasks

✓ Strategic gains from external funder participation resulting in 200% portfolio growth