Industry-leading asset finance software now available for small and medium businesses
Minneapolis, MN – International Decision Systems® (IDS), the leading provider of asset finance software, announced today a Software as a Service (SaaS) offering for its leading asset finance management solutions.
The SaaS model is appealing to smaller and mid-size asset finance companies that want the functionality of industry-leading software, and an easier-to-implement and maintain solution. The SaaS approach lowers the barrier to entry and shortens implementation times for start-up companies or those in growth mode in that they pay monthly instead of making major upfront investments in hardware and software. Other benefits include:
- Outsourcing of systems management and ongoing maintenance
- Increased scalability due to the low overhead and flexibility as they grow
- Accelerated feature delivery with IDS handling software installation
This new offer gives access to an InfoLease® or a combined Rapport®/InfoLease® solution. The SaaS option is now available in the U.S. via a monthly subscription based upon the number of users. IDS provides the delivery platform, ongoing software updates, and infrastructure all within a highly secure, state-of-the-art environment with 24x7 monitoring.
“By moving into the world of cloud computing, we are able to address the needs of smaller and mid-size companies who tell us they want IDS’ industry-leading products in a structure that works for their business,” said IDS CEO Michael Campbell. "Offering InfoLease and Rapport in the SaaS model gives users access to powerful software that is able to handle all of their asset finance business complexities without compromise.”
With millions of assets and more than $250 billion of financed goods currently processed, the IDS InfoLease back-office portfolio management solution delivers reliable and flexible financing operations, rich functionality for leases and loans, and regulatory compliancy—all scalable to the needs of each company. The IDS Rapport front-office origination business solution delivers smooth automation of origination processes with access to key analytics for more incisive decision-making.
The capabilities of InfoLease continue to expand to support market needs today and in the future. “We are committed for the long term to keeping InfoLease as the industry-leading asset finance platform,” said Campbell. Details of IDS’ product roadmap will be communicated at its ConnectionPoint annual user conference on October 12, 2011.
About IDS:
International Decisions Systems (IDS) is the leading provider of software and solutions for the asset finance market. For over 30 years, the company has offered integrated solutions from origination through disposition and asset management, supported by an ongoing research and development effort unrivaled in the market space. Customers include approximately 50 percent of the largest leasing companies in the United States, and an increasing number of the largest global players. In addition to offering powerful, flexible software, IDS provides the industry experience and expertise to assure successful, complete solutions. Headquartered in Minneapolis, MN, the company also has offices in the United Kingdom, India, Singapore and Australia. For additional information, visit www.idsgrp.com.
International Decision Systems®, InfoLease®, and Rapport® are registered trademarks of International Decision Systems, Inc.
Contact:
Tracy Prochaska
+1.612.851.3370
tprochaska@idsgrp.com
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