Equipment Finance Simplified by Automated Intelligence

Integrated Artificial Intelligence

LeaseSpark has built a custom suite of AI tools designed to speed up the deal origination flow from receiving an application through to booking, as well assist with the administration and servicing of deals.

• Upload, scan, and analyze financial documents in seconds using LeaseSpark artificial intelligence directly from the user interface
• Use AI to empower decision intelligence and assist in making fast but coherent decisions automatically through credit decisioning and risk assessment
• Continuous learning algorithm specific to each client to make data extraction and analysis unique to credit analysis and booking policies
• In-App assistant to ask questions, assign tasks or provide proactive insights.

Robotic Process Automation

LeaseSpark introduces a seamless process of creation, collaboration, and approvals with task assignment alerts to automate deal flow and invite team members at the right time.

• Eliminate “double-checking” by automating all deal activity through the workflow engine
• Configure an unlimited number of workflows based on your defined product types
• Define workflow event triggers based on various actions triggered in the system
• Custom design emails and documents to be automatically sent with a personal touch when certain actions are triggered
• Currently over 40 activities can be automated within LeaseSpark

Interactive Analytics and Reporting

LeaseSpark interacts with your data with analytics, dashboards, and reporting that showcase the information most important to you.

• Individual customization provides each user with control of their own unique dashboard based on their needs and access level
• All reporting is user configurable. Use our reporting engine to create or edit simple or complex reports
• Track every stage of the deal life cycle with the exact data you desire
• View live data with interchangeable widget. Pin external websites, integrate different APIs - the choice is yours
• Export every grid to excel or CSV with a click of the button

Partnership Integration

LeaseSpark provides the ability to address time-sensitive deals and easily communicate with business partners via the origination portal.

• Configure quotes and track your inventory through a desktop, tablet, or mobile device
• Customize and brand your partner integration experience
• Allow for instant messaging between your third-party channels and LeaseSpark end-users
• Alerts and notifications for timely application reviews
• Have confidence in every calculation—LeaseSpark uses the industry-standard TValue™ Engine

Document Management

Generate document packages in bulk at every step of the deal life cycle and use e-signing to expedite the process.

• Automate the documentation process by using template-driven functionality
• Generate a documentation package by merging several documents into one
• Initiate a signing ceremony directly within the application using e-signatures
• Easily create, print, review, and email documents in bulk

Accounting Automation

Configure and automatically trigger localized accounting journal entries at every critical step in the deal lifecycle.

• Construct your entire accounting process including your chart of accounts, account matrices, and associated posting events
• Direct communication with your external general ledger system
• Empower your finance processing with easily customized reporting

Embedded Securitization Process

Manage, construct, and valuate portfolio data sets based on specific deal search criteria.

• Use LeaseSpark’s eligibility criteria to create compliant portfolios
• Evaluate portfolio data sets based on NBV and NPV methodology
• Automate the entire portfolio management sales process
• View the entire deal and ownership sales history
• Generate asset and liability amortization schedules for each contract and the overall portfolio
• Production of monthly portfolio reporting

Industry-Expert Training and Support

Transition to LeaseSpark without impacting your essential daily operations through our proven training and support model.

• We lead you during the installation process while you focus on your business.
• Honest and upfront-TAO has a strong implementation track record with a focus on providing a successful project that says on budget.
• We’re participants of CFLA. Our expertise in asset-based finance fosters a proactive onboarding process that adapts with your business.
• TAO provides hypercare support to every client for the first two month after going live.