Solutions For Lessees
Serving Senior Financial Executives
Your management team has enough things to worry about - equipment leasing shouldn't be one of them
In this era of Sarbanes-Oxley, the complexities of equipment finance can make your equipment financing process dangerously cumbersome, time-consuming, and opaque. Poor visibility and accounting, decentralized transaction management, fractured processes, and incomplete systems can lead to costly financial mistakes and a variety of control and compliance problems.
That's why Ecologic Leasing Services provides leasing operations, lease accounting, and asset management services to lessees on an outsourced basis. To grow your leasing volume to capture the financial benefits, like improved working capital, you need an operations team with the expertise, financing network of over 200 funders waiting to compete for your business, documented processes, and software platform. Your success depends on having the confidence that the team is carefully managing the leasing business to your standards everyday while giving you the meaningful insights you need to measure performance, make decisions, and advise the executive team. Meeting these needs is the purpose of our company.
As a senior finance executive, here is what you can expect to get from Ecologic's services...
- Controls and compliance you can demonstrate to any authority. Ensure compliance by consistently executing accounting processes and controls that seamlessly integrate with your internal processes and systems. Get the processes, procedures, documentation and technology for compliance to Sarbanes-Oxley, SEC, FASB, and IRS and other important standards.
- The confidence to sign a public disclosure that requires data about your leasing portfolio.
- The visibility into your lease portfolio when you need it through reporting that measures performance and value. Our reporting dashboard brings you the data you want to see, when you want to see it, and it is data you can trust. At your fingertips, you have the insight to make decisions and advise the executive team.
- Financings you can prove are transparent, competitive and shrewd. We compete multiple funders and manage their performance to ensure the best available pricing and terms on an ongoing basis. Our software services automates the process of issuing solicitations (Requests for Proposals) to lessors, capturing the lessors proposals, and analyzing the proposals on an apples-to-apples basis. We have over 200 lessors registered and waiting to compete for your business. We only work for you and only get paid by you through our outsourcing agreement - so there is no conflict of interest, unlike relationships with leasing companies and brokers. We present the data to you in an easy to compare format, make recommendations, and you make the decisions.
- Closed-loop, asset-based lease accounting with step-by-step line item reconciliation - that's the key to compliance and performance. We capture, reconcile, and link required documents, data, event and authority information for a complete audit trail for each transaction.
- Lease invoice consolidation and reconciliation
services that eliminate accounting problems and payment delays and makes the leasing process easier for your Accounts Payable team, your lessors, and you.
- Manage all dimensions of your global lease and asset portfolio throughout their lifecycles. We develop and manage a single, centralized and up-to-date database of all of your lease transactions and related lease and asset portfolios. We adapt our services to meet the needs of your distributed workflow and business processes for requesting, ordering, receiving, testing, and deploying equipment, paying invoices, and making timely end-of-term decisions and returns. Using Ecologic's software and services, this multi-department, highly distributed and collaborative process becomes easier for everyone - and you get centralized controls and visibility.
- Integrated, adaptable software services. We deploy software services to automate your leasing processes and lease accounting. And we integrate these services with your internal and external systems. This brings improved productivity for your finance team so they can focus on higher-impact work that is strategic to your business performance.
- Environmentally-safe asset disposition
that generates cash and eliminates your liabilities related to the waste stream.
Here is the bottom-line : As an Ecologic Leasing Services client, you will gain the savings, greater visibility, deeper insight, stricter controls, more effective change management, greater compliance assurance, and more stakeholder fulfillment in your equipment finance operations. Why? Because you can leverage our leasing operations platform, expertise, and technology to scale in a more effective and economic manner than any other alternative. We will show you how.
In this way, our services help our clients drive company performance while continually meeting related corporate objectives. It's a win-win relationship and that's the point.
