ASPIRE™ is built using the latest technologies offering a robust, highly configurable system that is intended to drive incremental profits by promoting the efficient processing of transactions while offering the flexibility to meet the varying demands of your customers and business partners.
Some of the benefits you can expect to receive by using ASPIRE:
ASPIRE’s robust workflow allows for operational flexibility through the configuration of automated workflows. Some of the benefits of this workflow are:
ASPIRE offers flexible pricing and transaction structuring giving you the flexibility to be creative with the types of financial products you offer - including both leases and loans.
Built on the TValue engine, ASPIRE provides a robust calculator engine, calculations based on yields or rate factors, rates at the asset or contract level, risk based pricing and variable payment structures.
The system also allows for defining and deploying table driven pricing or price structuring on a transaction by transaction basis.
ASPIRE also allows you to build fees, commissions and subsidies into your overall transaction structure and offer flexible cash flow structuring including: steps, skips, deferrals and seasonal payments.
ASPIRE allows you to utilize one system to effectively and efficiently manage your pipeline from lead identification through the booking of a transaction.
ASPIRE provides you with the ability to define the stages of your pipeline and seamlessly transition a transaction from stage to stage as it moves closer to booking. The system also provides tools such as views, task management, follows ups, reminders and issue escalation to ensure that the pipeline continues to move and no transaction is falling through the cracks.
ASPIRE keeps all historical data in order to provide a comprehensive view of customer communications and transactions. This information is readily available and easily accessible through a feature rich dashboard.
ASPIRE allows you to configure the system to meet your adjudication process and route the transaction to retrieve the information your analysts need to make sound and efficient credit decisions.
ASPIRE provides integration with all major business reporting and consumer bureaus throughout the US and Canada. It also offers tools to prepare and document transactions for final credit review. Tools that provide information such as: user defined score cards, financial statement tracking and spreading, credit notes and credit conditions.
ASPIRE will also track your funding submissions including the level of exposure, who you have sent bids out to and what rates have come back in.
ASPIRE will provide you exposure and aging information by customer, as well as documentation of your credit decisions including notes, credit conditions, approval tolerances and approval authority.
ASPIRE has the flexibility to meet the needs of your varying business channels whether that it is direct, vendor, captive, broker, small ticket or middle market.
ASPIRE can define financial products, entry forms, business rules, etc., by channel, to provide users with a system experience that is relevant to their business and a process flow that fits the requirements of each individual channel.
ASPIRE allows users to easily import large volumes of assets and invoice line items, and it integrates with accounts payable systems for payment processing.
Build an unlimited library of documents including: contracts, proposal letters, notification letters, etc., and leverage the data in ASPIRE to generate the documents without having to re-key the information, and to distribute the documents.
ASPIRE also has robust delivery mechanisms in place to disseminate information in the preferred method of choice i.e. e-signature, pdf, email, hard copy, mail. It will also track the document flow so you will know if the document gets hung up somewhere in the process and/or when it is completed.
ASPIRE can help improve efficiency and instill operational vigor into your documentation process by utilizing a rules engine to automate document generation and distribution. Rules can also be set to prevent the promotion of a transaction to the next stage without all the required documents. The system also provides the necessary audit trail to make sure defined requirements are met at each step of the process.
Likewise, ASPIRE provides for the online storage of transaction documents as a means to efficiently access important documents without resorting to the paper folder.
Providing your customers, vendors, funders or other business partners with the right information at the right time is a critical component to providing a high level of customer service to your clients. ASPIRE can support you in this endeavor. ASPIRE is easily accessible over the internet to run reports, prepare quotes, submit applications and check on the status of transactions, 24 hours a days, seven days a week.
The partner portal is easy to use and allows your partners to access the information they need 24 x 7.
Providing a portal to your origination partners facilitates communication, efficiencies, and ultimately, provides excellent customers service.
Since we've upgraded to ASPIRE, we are able to get deals through the system faster. ASPIRE is a user friendly system and our team learned it quickly.
Our project manager was awesome to work with; his feedback and experience was instrumental in helping us configure ASPIRE to meet our specific needs.
We have always been happy with the service we receive from the LeaseTeam staff! The team is very responsive, and LeaseTeam is an easy company to work with. We enjoy our partnership very much. – Julie Kuday, Dexter Financial Services