Leasepath, a provider of commercial equipment finance platform technology, announced that Apex Commercial Capital has gone live with Leasepath Enterprise, Leasepath’s cloud-first equipment finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform.
Apex Commercial Capital, headquartered in Horsham, PA, is a commercial equipment financing provider for small businesses across the U.S. The company’s recent launch of Leasepath Enterprise is the culmination of various technological enhancements, all geared toward improving the user and customer experience. Leasepath further noted that Apex Commercial Capital is the first organization to deploy Leasepath Enterprise across its entire spectrum, spanning from sales to servicing.
“The team at Apex has proven themselves to be true visionaries in their drive to provide customer servicing excellence,” Jeffrey Bilbrey, CEO of Leasepath, said. “The Leasepath and Apex partnership has brought something exceptional to life, and we’re excited for what is to come.”
Apex Commercial Capital’s decision to partner with Leasepath was underpinned by Leasepath’s cloud-first architecture on Microsoft Dynamics 365 and the Power Platform, offering Apex the versatility to control its data while utilizing the infrastructure security and stability of Microsoft Azure.
Streamlined Processes and Automation Outcomes
Leasepath Enterprise creates a workflow that spans the entire contract lifecycle through a single intelligent user interface. This interface tailors information to specific roles, with the goal of delivering efficiency improvements throughout an organization while maintaining the flexibility to adapt to evolving opportunities. Since going live with Leasepath Enterprise, Apex Commercial Capital has achieved four times improvement in its time to decision. Additionally, it has redefined approval speeds and enhanced deal velocity by automating documentation procedures.
“Leasepath lets our teammates focus on human tasks that generate revenue or contribute to growing the relationships that we have with our customers,” Donald Wampler, managing director of equipment finance at Apex Commercial Capital, said.
Integrated Communications Elevate Customer Experience
With all team members using the same interface, Apex Commercial Capital aimed to centralize as much of its communications as possible to ensure that all users had access to the latest information. Leasepath’s foundation on the Microsoft Power Platform facilitated the integration of communication tools such as email, internal chat and phone systems.
“Everyone on our team having access to the same information provides a united understanding of our customers and products,” Jaime Weinstein, chief operating officer of Apex Commercial Capital, said. “Servicing can see customer communications and credit sees true payment history during originations, making it much easier to make smarter decisions and facilitate excellence in our customer servicing.”
Leasepath’s out-of-the-box integrations with Microsoft solutions like Outlook and Teams allowed Apex to centrally track, record and even automate customer communications. Moreover, through native integration with Microsoft’s conversational, AI Copilot, Apex Commercial Capital is also incorporating emerging technologies.
“We believe that by adopting this cutting-edge platform, we will not only meet the evolving needs of our clients but also catalyze significant business growth,” Wampler said.
“From the beginning, the clarity and transparency around planning, budgets, and expectations was amazing and refreshing,” Weinstein said of working with Leasepath. “We look forward to a long and continuously fruitful relationship.”
“Jaime and the whole Apex team made this a very special project to work together on,” Sean Scampton, director of sales and marketing at Leasepath, said. “We look forward to crossing many more finish lines as they boldly leap forward into the modern, forward-thinking platform that is Leasepath Enterprise.”
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