Articles

Introduction While sending invoices does seem simple enough, many lessors struggle. Spreadsheets can help organize information, but spreadsheets are unsuitable for automated lease invoicing. Manually handling lease terms, due dates, and lease payment tracking can lead to errors and friction.

Introduction For lessors, it’s not just about offering the best lease rates, rather, it’s about creating seamless and reliable experiences from start to finish. Unfortunately, during regular lease management, inefficiencies are introduced that frustrate customers and drive up churn. Equipment

Introduction Lease management is one of the essential components of the leasing industry. However, several companies deal with inefficiencies that slow down their operations. Using manual processes, keeping track of things, and following rules can create bottlenecks, which in turn

Introduction: A New Way to Pay The digital economy has reshaped how consumers shop, budget, and manage their finances. Amidst this evolution, one payment method has risen spectacularly across e-commerce platforms, point-of-sale terminals, and mobile applications: Buy Now, Pay Later

Introduction Access to the right equipment or fleet is essential for businesses across nearly every sector. Whether it’s a construction company requiring excavators, a logistics provider building out its vehicle fleet, a manufacturer upgrading machinery, or a small business adding

Introduction: A Changing Automotive Landscape The global automotive landscape is experiencing its most profound transformation in decades, driven by the accelerating shift toward electric mobility. What started as a push for cleaner energy has evolved into a sweeping technological and

In today’s rapidly evolving leasing landscape, a growing segment of lessees
is shifting its focus from traditional financing arrangements to comprehensive
asset management solutions. Instead of merely seeking funding to acquire
equipment, many organizations now prioritize flexibility, lifecycle
management, and operational efficiency. To address these changing
expectations, lessors increasingly rely on operating leases as a strategic
offering. An operating lease not only provides customers with access to
critical equipment but also facilitates asset deployment, maintenance, and
end-of-life management.

  Introduction The vehicle and equipment leasing industry is growing rapidly, driven by changes in government policies relating to lending by banks. Compliance remains a challenge with the introduction of accounting standards ASC 842 and IFRS 16. Manual processes are

There has been tremendous growth in vehicle and equipment leasing. Allied Market
Research reported the global equipment leasing market value as $1.2 trillion in 2022,
projected to reach $3.1 trillion by 2032, growing at a compound annual growth rate (CAGR)
of 9.7%. Asset rental finance makes high-value equipment and vehicles available to users
without capital outlay. The focus changes towards managing these assets efficiently.

Most businesses require equipment and vehicles to run their core operations. To procure these assets without incurring capital expenditure is a tool organizations adopt. Lessors are providing equipment and vehicles on lease programs to address this need.
Financial and regulatory compliance is increasing for both lessors and lessees. New accounting standards IFRS 16 and ASC 842, have made compliance mandatory regarding recognition on the balance sheet