Simmons First National Bank selected the LeaseWave platform from Odessa Technologies to administer and streamline all of its lease management processes.

Simmons will also be implementing the LW Customer Portal to bring immediate value to customers and to strengthen its long-term relationship with the bank.

“Simmons provides the market with innovative leasing products and creative solutions to assist new and existing businesses in financing their growth,” said Michael Childers, VP of Equipment Finance at Simmons Bank. “LeaseWave will allow us to replace our legacy platforms with state of the art technology, providing increased automation for our organization and improved service for our customers.”

“Through LeaseWave, Simmons will be able to modernize their systems and enjoy new operational efficiencies very quickly. It’s always exciting for us to see the tangible value we immediately add when replacing legacy platforms that were built for a completely different and long gone era,” said Lisa Rafter, SVP of Sales at Odessa Technologies. “LeaseWave’s cutting-edge technology combined with mature functionality and workflow-based design will enable Simmons to realize significant efficiency gains and build reliable business controls across their operations.”

Simmons First National Corporation is an Arkansas-based financial holding company conducting financial operations throughout Arkansas, Kansas, Missouri and Tennessee.