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MINNEAPOLIS, MN, March 29, 2005 – International Decision Systems
(IDS), the
standard-setting market leader in equipment financing software
and service solutions, has
announced new releases of both Rapport™ and ProFinia™. Rapport
5.2 is the latest
version of the company’s Web-enabled solution for lease/loan origination
through
booking, already the productivity-enhancing choice of 25
leading equipment finance
companies. ProFinia 3.2 adds substantial functionality to
the asset-centric back-office
accounting solution poised for wider penetration of the marketplace.
“Our clients are increasingly moving to a highly automated, asset-centric
model for their
lease/loan businesses,” said Charles Lyles, IDS President. “These
new releases add
significant new functionality to each solution, while also
representing a major leap
forward in end-to-end system integration,” he added. “This and
future coordinated
releases of major IDS products will help equipment lessors
improve operating
efficiencies, gain centralized access to the information
needed for fast, solid decisions,
and increase return on assets,” he added.
The full Rapport/ProFinia software suite helps equipment
finance companies automate
their business processes from handling sales leads through
disposition of assets.
Release Highlights
Rapport 5.2:
- This new release emphasizes accessibility, ease of navigation, and
more flexible
reporting, as well as simplified creation of external
users to encourage the
product’s rollout to dealer networks and vendors.
- Document creation and management are improved with the capability
to merge
multiple PDF documents within Rapport, while maintaining
an accurate, complete
document checklist at all times.
- Users of the IDS InfoLease® back-office solution can improve
risk management
with the ability to conduct complete exposure calculations
for new lease
applications by existing customers.
- Rapport now incorporates
an embedded workflow tool that will enable
progressively better coordination of processes throughout
the organization. Future
releases of both applications will extend this capability
for improved activity “triggering” and decision-prompting.
ProFinia 3.2:
- Directory Service-integrated security implementation, based
on Central Identity
Management (CIM), enables more controlled access for
system users, and thus
increased assurance of regulatory compliance.
- This release
also enables entry and tracking of third-party (dealer)
information for
each agreement and asset.
- Reporting enhancements include
the addition of standard infrastructure allowing
customers to generate reports using a Web interface.
While it can be fully integrated with a range of back-office
systems, the combination of
Rapport with ProFinia forms a powerful, highly customizable
solution suite that promotes
increased productivity and return on asset (ROA) across
the enterprise. The expert IDS
Professional Services team delivers complete client support,
including an efficient
migration strategy to minimize cost and risk associated
with conversion to new solutions.
About International Decision Systems
International Decision Systems (IDS) is the global leader
in developing lease/loan
accounting and portfolio management software and services.
Headquartered in
Minneapolis, Minnesota, IDS also has offices in London,
Sydney, and Singapore. IDS
offers the largest and most experienced global consulting,
implementation, and technical
support teams in the equipment finance industry. For additional
information about
International Decision Systems, visit www.idsgrp.com.
Media Contacts:
Deb Marshall, IDS Marketing Director, 612-851-3438, dmarshall@idsgrp.com
Kona Luseni, Makovsky & Company, 212-508-9684, kluseni@makovsky.com
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