Technology

Asseco SEE (ASEE), part of Asseco Group, 6th biggest software vendor in Europe, introduced today the first phase of the implementation of its leasing software program remedy LeaseFlex at Global Leasing Company (GLC), a pioneer in leasing options in Egypt.

The business goals such as establishing leasing business with an end to end turn-key remedy for all renting offers and managing leasing processes for all solutions and markets on a solitary platform was attained by personalizing the solution certain to the MENA region with the dedicated ASEE team of renting remedy professionals in Turkey.

The deployment included primarily finish to end distribution of LeaseFlex with multi layered bookkeeping structure, adaptable layaway plan computation approaches, arrangement estimation approaches & revenue accrual structure, stoppage/ witholding tax obligation computations, integrated limitation framework with all purchase information, fast calculation screens gone for the sales employees and rate of interest calculation works & system ability rise for the Arabic kinds. Moreover, LeaseFlex provided much more business components consisting of purchase administration, lease plans, insurance policy administration, current accounts, audit, danger monitoring, CRM, supply & rates, credit examination, agreement administration, and colleteral management modules.

Hatem Samir, Global Leasing Company's CEO, said "Amongst 12 vendors, we have actually chosen Asseco SEE since the company has thorough resources with financing & leasing experience. Additionally, Asseco SEE group had the ability to test difficult market & geographic conditions to serve GLC and its multi-entity lawful framework with LeaseFlex".

Hatice Ayas, ASEE Turkey Nation Leader, said" Global Leasing Company is a valued business partner of Asseco SEE and we are really happy to have completed the first stage of the project. We continue to create the option according to GLC and market demands" About LeaseFlex: Specialized for the needs of Financial Leasing, Operating Leasing and Equipment Financing Firms, LeaseFlex raises operational efficiency with a systematized, adaptable, and ready-to- make use of platform with finest business practices.

About GLC: GLC is a general lessor, gives all kinds of Leasing from simple vanilla to extremely organized leasing products and various other financial & advisory solutions to the Egyptian market with a concentrate on details markets & industries, consisting of yet not restricted to Real Estate Transport, Healthcare, Education, Pharmaceuticals, Food & Drink, Paper, Chemicals and Oil Solutions for both SMEs and huge company market players.

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