Leasepath innovates with quarterly wave release

Leasepath, the provider of a cloud-first equipment finance lifecycle platform powered by Microsoft Dynamics 365 and the Power Platform, has announced the successful deployment of its latest quarterly release.

“At Leasepath, we are committed to continuously enhancing our platform to meet industry demands,” stated Jeffrey Bilbrey, CEO of Leasepath. “Our ‘No Customer Left Behind’ commitment ensures every client operates on the most current software version, keeping them at the forefront of industry standards. We are thrilled with the new features introduced in this update and remain focused on driving growth and innovation.”

Leasepath’s quarterly updates are delivered seamlessly through the cloud, allowing customers to benefit from the latest features without experiencing disruptions in their operations or additional costs. Each release is designed to enhance functionality and provide users with the tools they need to thrive in a rapidly evolving market.

The latest release includes a range of new features that streamline operations and offer greater flexibility for users:

• Enhanced Integrations: New features include postcode-based Google address search, a new Proof Remote Online Notarization (RON) API integration for seamless document management, and deed report verification through ATTOM for accurate KYC and credit review processes.
• Advanced Financial Management: Features such as interim rent functionality, syndications and bank loans, and IDC amortisation on amendments and IDC closure on payoff are designed to optimise financial operations.
• Operational Efficiency: The revamped amendment function and PayNet CMS export offer improved workflow efficiency, while the Great American Insurance Integration (GAIG CDT API, IDT, and PDT) provides enhanced insurance management.
• Tax and Accounting Enhancements: Vertex cloud rate file integration with best matching criteria for sales tax rates, NACHA bank return file processing and reconciliation, and summarised/detail general ledger in QuickBooks export file add robust support for tax and accounting processes.

“This release reflects our commitment to delivering substantial updates,” said Michael Baez, VP of Professional Services & Customer Strategy at Leasepath. “Each new feature deployed enhances our platform’s capabilities, underscoring our dedication to customer success. We are proud of the value we bring to our clients.”