Leasepath, a cloud-based software provider for the equipment finance industry, announced that MyMates Finance, an Aspire42 company, is the first customer in Australia to go live with Leasepath Enterprise, Leasepath’s new back-office solution built for customer lifecycle and portfolio servicing.

“We believe that everyone in equipment financing wants a system they love to use,” Jeffrey Bilbrey, CEO of Leasepath, said. “Leasepath Enterprise enables its users to work in a truly intelligent workplace and it is a gamechanger for the equipment finance industry. We are grateful for MyMates Finance’s trust and partnership being the first in Australia to take advantage of our innovative back-office solution, and we look forward to supporting their continued growth and success.”

MyMates Finance has been a Leasepath customer for the past year, using Leasepath Originate to streamline its front-office originations for both commercial and consumer leases. When Leasepath Enterprise was launched, MyMates Finance saw the opportunity to integrate its back-office operations with the same platform and achieve a seamless end-to-end workflow. With the help of Leasepath’s dedicated implementation team, MyMates Finance was able to transition to Leasepath Enterprise in a short timeframe and without any disruption to its business.

“We are very happy with our decision to upgrade to Leasepath Enterprise and we are impressed by how smoothly and quickly the implementation went,” Lorelle Tonna, senior technical project manager of Aspire42, said. “Leasepath Enterprise has given us a competitive edge by allowing us to manage our entire portfolio on one system that is easy to use, reliable and scalable. We have seen significant improvements in our productivity, profitability and customer satisfaction since we switched to Leasepath Enterprise.”

By using Leasepath Enterprise, MyMates Finance has gained a solution that can handle all its portfolio servicing needs, from contract management and billing to collections and accounting.