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Odessa Technologies, Inc.
One Commerce Square, Suite 1020
Philadelphia, PA 19103
888-683-2484 | 215-231-9848 fax
email: info@odessatech.com
website:
www.odessatech.com
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General Information
Type of Business: Lease Management Software
In Business Since: 1998
Trade Associations: ELFA
Description:
Odessa Technologies, Inc. is the maker of
LeaseWaveTM, a completely Internet-based lease
operations management system for the lessor. LeaseWave-technology, at its core,
comprehensively handles lease accounting and asset management with full GL interface.
In addition, it provides a complete eCommerce solution and interactive interfaces
for lessees, funding sources, potential customers, vendors and other third parties.
Through its Internet-driven interfaces, it facilitates and streamlines interaction
between parties in the leasing process, allowing lessors to maximize - as opposed to
just maintain - their "back-end" data. The technology aims to bring the entire
leasing operation online, allowing lessors to conduct business in a friction free,
real-time environment. LeaseWave is deployed as a fully licensed system residing on
the lessor's servers; it is also available as a subscription service.
LeaseWave is designed to be easily customized to fit the exact requirements of a
business model. This is unlike traditional software systems that force users to
shape requirements around the limitations of their products; this is an inherent
limitation of a one-size-fits-all approach. LeaseWave, on the other hand, was built
with a core system that is common to all businesses but with an interface that can
be easily customized to fit even unique requirements. No two businesses are exactly
alike. Obviously, the software that drives them shouldn't be either.
Salient Features
- Comprehensively manages lease accounting on the Web
- Reliably covers asset management needs
- Includes extensive portfolio management functionality:
- Tracks and manages Assets throughout their life
- Handles complex Discounting Trx, Securitization, Pay Offs, Collections
- Manages full Sales Tax interfaces, Invoicing, GL Interface, Reports, etc.
- Interfaces with all industry-standard 3rd party systems
- Securely interfaces lessor and its various business partners online
- Allows lessees to logon use exclusive website to get account information
- Also allows lessees to run reports, d/l invoices, and manage accounts
- Provides vendors, funding sources, etc. access to custom-built websites
- Offers a scalable solution that grows with the business
- Works as both an Internet-based or as a traditional client-server solution
- Adapts easily to international accounting and legal requirements
No two businesses are exactly alike. Obviously, the software that drives them
shouldn't be either. In keeping with this philosophy, LeaseWave's reporting
capabilities are completely customizable. By seamlessly integrating with Crystal
ReportsTM, LeaseWave had already leveraged its
powerful platform for all its reporting needs. Now users can customize their own
reports, beyond the more than 180 reports that come standard, in a user friendly,
Crystal driven environment.
LeaseWave is itself built so that it can be easily customized as required by each
business. Now, more than ever before, this idea has been put to work throughout
LeaseWave's many enhancements. Users can decide on screen layouts, information entry
and maintenance, and much more. Lessees not only access lease information, but
their access can be customized and controlled by the user. Lessees can even interact
with the system in various ways, including requesting changes in asset locations,
pending Lessor-approval. Everything from automated email generation, based on the
occurance of certain events, to the eInvoice and asset filetering functionalities
of the system have been enhanced with an eye to increasing efficiency and saving
costs.
By the very nature of their technology, traditional systems typically just crunch
numbers and maintain information. LeaseWave, on the other hand, maximizes the value
of that data, in addition to maintaining it; this translates into a direct value-add
for the lessor's operational efficiency driven off a data-rich back-end. This view
of "back-office" information - and the leverage it creates for the lessor's business
relationships -- forms the foundation of LeaseWave.
Traditional software systems take the the one-size-fits-all approach to software.
LeaseWave, however, recognizes that today's leasing companies and their customers
have unique and specific needs. While LeaseWave has an evolved and mature core that
comprehensively covers leasing functionalities, the system is itself built to
accommodate customization easily; the leasing company's business model no longer
has to mold around the limitations of the software driving it. And what's more, all
this is done using the latest and most cutting-edge technologies available today.
When this is combined with the stability of a mature product, backed by years of
hands-on leasing experience, it begs us to ask some basic questions:
- Are you unwilling to box yourself into a cookie-cutter product?
- Are you shaping your system around your unique needs?
- Are you living your tomorrow?
- Are you riding the LeaseWave?
LeaseWave is platform independent (all you need are computers with standard browsers)
Database: Microsoft SQLTM
Reporting: Crystal ReportsTM
Development Platform: Microsoft .NETTM
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