Essential Ingredients of a Modern Leasing Platform
Shifting financial regulations and rising expectations from a new breed of digitally savvy customers have brought many leasing companies to a crossroads. Lessors that choose the path of progress have an opportunity to expand their businesses.This white paper describes a new type of cloud-based technology that can enable leasing companies to process leases faster, even as they reduce costs, minimize back-office chaos, and improve the customer experience with financial technology (FinTech). Many of today’s emerging FinTech companies have been founded with the express purpose of disrupting incumbent financial systems and the established companies that use them. Leveraging the cloud can empower your firm to outflank competitors and grow market share by making the most of these opportunities.It’s no wonder that dissatisfaction with leasing systems is at an all time high. Smart lessors realize the urgency of modernizing. It’s time to catch up or get left behind as competitors start leveraging new types of ﬁnancial technology (FinTech).