Why You Need Leasing Software (Infographic)

By Ryan Hendrie | 2nd December 2014 | 1 min read

If your company leases a lot of business assets, you really should invest in some leasing software.

Equipment leasing is an important part of many businesses procurement and operational processes. However, many of these companies that rely on this source of asset financing do not have a formal system of lease portfolio management in place.

If you want to maximise your equipment leases, locate money-saving opportunities and ensure IFRS compliance and control over your lease documents and accounting, you should really consider investing in some leasing software.

We've put together this handy infographic on some of the reasons why leasing software is something you should be considering, especially with the IFRS new lease accounting standard soon to make an organised lease portfolio a necessity!

Clearly leasing software has its benefits:

Reduce costs with leasing
Full audit trails
Tailored reporting on asset management and lease savings
Better control of lease portfolio management

To find out how Innervision's own specialised lease management software, LOIS, can help save your company money and maximise your leasing ahead of the new lease accounting regulations (which the IASB predicts for 2015), give us a call on: +44 (0) 20 7283 9422