Portfolio Servicing

By: Leaseteam  09-12-2011
Keywords: management software, portfolio management, General Ledger

Portfolio Servicing

LeaseTeam products provide users with the tools they need

to service their portfolio. Whether you need to change contract terms, apply cash, or generate invoices, your employees will have the tools at their disposal to efficiently service all of your portfolios.

Available functionality includes:

The Usage Based Invoicing tool automates invoicing when the charge is based on any type of measurable usage. Examples include cost per copy, cost per procedure and cost per unit produced.

LeaseTeam's system also allows you to combine secondary charges, such as insurance or maintenance, in with primary charges for invoice presentation purposes. While the customer sees two charges combined, your general ledger account will show two separate transactions.

Customers with multiple schedules can receive a combined statement with all deals; one with each deal invoiced separately; or one with their different deals combined on the same invoice based on the borrower P.O. number.

Our portfolio management software provides a wide variety of invoice and statement formats. Invoices typically show one charge and do not contain any prior balance information, while statements include a prior balance and also shows any other charges during the time frame specified for the customer.


Interim billings can be automatically calculated and invoiced through the system's Invoice Generate functionality. You enter basic information into the interim schedule (much of the required information is defaulted in for you), and the interim amount is automatically calculated.


Our Collections Management tool, CollectionsPlus, will allow your collectors to call borrowers just once, regardless of how many contracts are delinquent. It will also give the user access to all the necessary records and track actions taken so that you can recognize which accounts need urgent attention.


LeaseTeam's portfolio management software provides a means to export your payment history data to share with different reporting agencies.


Premier Lease and Loan Services (PLLS) and American Lease Insurance (ALI) provide a service to lenders to automatically place insurance when borrowers do not provide proper proof of insurance.


PTMS will completely automate the filing, assessment review, tax payment and record keeping of your property tax compliance process. This will allow you to reduce your cost of tax compliance while minimizing your property taxes.

 Automated Clearing House (ACH) is a network which exchanges funds and information among businesses and financial institutions electronically.  Lockbox automation removes manual check entry, but still retains all standard cash receipt controls, including automatic cash application options such as priority post and the ability to edit the check information or cash application. Pre-Authorized Payment (PAP), a network which exchanges funds among businesses and financial institutions electronically, is available for our back-end system users.

Keywords: General Ledger, management software, portfolio management

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