LeaseTeam partners with industry-leading providers to deliver complete and integrated solutions for the equipment finance industry.
The Taxware International Sales Tax Interface module is designed to update sales/use rates on a regular basis through the use of Taxware's VeraTax rate file.
To use this integration program, users need to purchase the Taxware International VeraTax rate update from Taxware International and the Taxware module. This is an automated process that will save time, eliminating many hours of manual entry that never seem to keep you in compliance.
Benefits:
Auto rate import feature
This feature allows user to update the sales use tax rate codes with the most current sales/use tax rates. With a single step process, you can keep all rates current when you receive the monthly Taxware VeraTax rate file. Once the rates are updated, you have the capability to print a list of all changes.
Automatic creation of tax codes
Imagine never again creating a sales tax code, even though you're tracking leases all over the United States or Canada. LeaseTeam's Taxware Interface allows users to do a one-time-only, automated process to build the initial rates for all jurisdictions in the U.S. and Canada. Afterward, the auto rate import will keep the rates current for precise, accurate tax rates.
Automatic assignment of tax codes
Would you like to automatically assign your tax codes by ZIP code? The tax code will be obtained by matching the ZIP code in the Taxware VeraTax rate file. If different tax rates apply to the same ZIP code, a list of valid codes appear for the user to select the correct code. This is a powerful tool that saves time and reduces errors and unnecessary manual entry.
Exception file maintenance
If you have unique tax requirements, our exception(s) feature provides full, flexible control over any unique tax calculations. This feature allows for exception(s) to the current tax rates for items such as sales tax grandfathering.
Taxware is a leading developer of global transaction-based tax calculation and compliance systems. The company works with companies of all sizes, helping them to correctly calculate and remit sales and use taxes in the United States, and provincial taxes in Canada, and value-added taxes in Europe, Asia, and South America.
Taxware's Tax and Government Affairs Organization monitors not only ever-changing tax laws in more than 150 countries, but also legislative initiatives such as the Sarbanes-Oxley Act, the Streamlined Sales Tax Initiative (SSTI), and state sales tax holidays.
American Lease Insurance provides a customized, comprehensive lease insurance program of property and liability insurance coverage and insurance tracking to equipment lessors and lease services. The ALI program is fully integrated with most lease accounting software systems — including LeaseTeam’s LeasePlus.
Suitable for lease portfolios of equipment costing under $250,000, ALI’s fully automated program provides lessors “special form” protection against fire, flood, power surge and theft, while ensuring lessee satisfaction with affordable premiums, responsive customer service and fast claims adjustment.
These advantages have enabled ALI to achieve the highest possible lease insurance program acceptance rates.The ALI program, underwritten exclusively by “A” rated insurance carriers, guarantees comprehensive coverage on a lessor’s entire eligible portfolio from date of lease origination, with no premium advances required.
Assurant’s Leased & Financed Equipment Protection Insurance is the program of Choice.
If you lease or finance commercial equipment, then protecting your investment is often your top priority. Assurant’s Leased & Financed Equipment Protection Insurance offers coverage for borrowers and lessees of commercial equipment with a comprehensive program that provides tracking for uninsured collateral - thus mitigating risk and maximizing revenue for our clients
Requiring your customers to obtain equipment insurance from just any provider may not be the solution to protecting your leased or financed equipment. In the event of a claim, you’ll want to know that your customers’ insurance provider is protecting the interests of both you and your customers. Our vertically integrated platform allows us to administer an effective and comprehensive insurance program, because we are ONE company handling all your insurance needs. We provide the underwriting, product, administration, claims management, customer service, information systems support, and much more!
You may not have to worry about your insured equipment, but what about when there is a lapse in coverage and your equipment is not protected? Assurant’s uninsured loss endorsement protects all your leased assets, including those that are uninsured, thus eliminating the administrative issues that arise from ongoing insurance tracking - so you can focus on your business worry-free.
Drawing upon our rich history of industry leadership, we provide a leased and financed equipment insurance program that mitigates risk, reduces turnaround time, and maximizes our clients’ revenue. Assurant Specialty Property is part of Assurant, Inc., a premier provider of specialized insurance products and related services in North America and selected international markets. Assurant, traded on the New York Stock Exchange under the symbol AIZ, has over $20 billion in assets and $7 billion in annual revenue.
For further information about our program or to setup an appointment, please contact a Sales Representative at 305-253-2244, ext. 36009, or via e-mail at lfep@assurant.com.
Now you can automatically file a UCC directly from LeaseTeam's front-end system and take advantage of the nation's premier resource for UCC filing and public record searching.
CT Lien Services & LeaseTeam: How it Works
The simplicity is in the process -- when you are ready to file UCCs, just select the UCC export option, validate the filing instructions and complete the filing. Your data, as you originally and correctly entered it, will be collected for one convenient transmission to CT Lien.
Your UCC is created, filed and your acknowledgment is on the way. The CT Lien integration is a module designed to export the customer, lease and equipment information -- which supports the UCC filing -- out of LeaseTeam's back-end system. UDS will use that information to produce the UCC filings. UDS will then provide a file containing the UCC document numbers, etc. that will be imported back into the system.
Benefits:
eOriginal accelerates business processes with legally enforceable electronic signature and transaction management solutions. We develop, market, and support sophisticated and intuitive software components that can be integrated into almost any business application allowing our clients to leverage existing investments. We also offer stand alone applications for quick implementations to streamline your document oriented transaction.
Our comprehensive electronic signature software is a complete end-to-end solution offering a proven ROI in the short term and the most secure, compliant repository in the industry to protect the integrity and value of your documents in the long run
Adding electronic signature capabilities to ASPIRE gives businesses the ability to remove costs from and streamline their documentation processes by decreasing contract cycle times, alleviating signature mistakes, improving auditability and eliminating costly mailing and overnight charges.
Now you can automatically score and decision credit applications using LeaseTeam's front-end system and Fair Isaac's LiquidCredit® Decision Engine.
Applications are entered once and pertinent data is passed seamlessly to LiquidCredit for scoring and decisioning. LiquidCredit pulls personal and business credit bureau information and returns with the scoring and decisioning results in just seconds!
Benefits:
Seamless integration between LeaseTeam’s portfolio management software and Great American's insurance billing system facilitates the accurate exchange of critical data.
Benefits of Integration:
Export leasing data from LeaseTeam’s system to Great American's, allowing insurance to be automatically placed when lessees do not provide proper proof of insurance.
Import insurance billing information from Great American into your LeaseTeam portfolio management software to automatically invoice insurance premiums along with your customer’s monthly lease payment.
Monitor customer payment of insurance invoices. If customers are delinquent or provide proof of other insurance, Great American automatically initiates a credit memo in LeaseTeam’s back-end system to reverse the unpaid insurance charges and process the cancellation.
Great American Group Insurance specializes in lease- and loan-related insurance products and services, with a focus on commercial equipment and vehicle-related insurance and services for lessors and lenders.
Now you can add powerful address validation to your LeaseTeam sales origination software and benefit from the experience of Melissa Data, the leading provider of data quality solutions, to help you achieve the highest level of quality contact information.
Bad addresses waste time and add to shipping and mailing costs. You need to correct and verify information before it hits your database.
Melissa Data will also add a flag to your database to keep track of the information that has been validated.
Now you can automatically pull credit bureau reports from LeaseTeam's sales origination software and take advantage of the nation's leading provider of credit data access.
Every day, you pull credit bureau reports for your business. All the data you need has already been entered, so why enter it again? LeaseTeam and MicroBilt have created an interface to link our front-end system and MicroBilt credit access system into one.
MicroBilt & LeaseTeam: How it Works
The process is simple. When you're ready to pull credit reports, just select the MicroBilt option in our sales origination software, then choose the required reports and submit. The request is transmitted via the Internet, and in mere seconds your reports can be viewed online.
You will continue to receive a bill from each of the respective credit bureaus exactly as you have in the past and will, as always, be responsible for the reports accessed.
Benefits:
The PayNet interface provides a monthly export of lessee payment information from LeaseTeam's portfolio management software to PayNet.
The PayNet Interface is provided free of charge when you subscribe to the Payment Information Network.
Membership in PayNet gives lenders access to PayNet's Credit History Reports, Summary Reports and PayNet Ratings on commercial applicants and borrowers.
The back-end system extract feature installs easily on existing LeaseTeam systems and provides an easy mechanism for calculating and exporting payment history and lease information from your portfolio management system to PayNet.
Tax Compliance, Inc.'s Property Tax Management System (PTMS) is the most widely used property tax software by corporate tax departments. In fact, more corporate tax departments (including 40% of the Fortune 100®) use PTMS than all of TCI's competitors combined. TCI has earned its position as the #1 property tax software provider through the efficiency of its software and the quality and timeliness of its 24/7 support.
LeaseTeam's property tax interface allows users to easily export equipment information to the PTMS Property Tax product. It automates the back end invoicing process for reimbursement of property taxes paid by the lender.
With PTMS, property tax billings can be created automatically and mailed earlier, allowing advanced reimbursements from borrowers. The personnel cost to administer your personal property tax burden can be substantially reduced and write-offs of reimbursable property taxes can be reduced or even eliminated
Vertex Sales Tax Returns Q Series™ is an automated Sales Tax Returns package, produced by Vertex, designed to produce signature- ready sales tax returns.
LeaseTeam's Vertex® Sales Tax Returns Q Series™ integration can be used by Vertex and non-Vertex users. If you are licensed for Vertex, the interface produces an export file keyed by GEO code that contains the sales tax information from LeaseTeam's back-end system necessary for the Sales Tax Returns Q Series to produce your sales/use tax returns.
If you are not licensed for Vertex, the interface produces an export file keyed by address information to be used with Vertex's Flexi-Import, in which the Sales Tax Returns Q Series module matches address information to reporting jurisdictions, allowing you to automate your return preparation process without subscribing to the Vertex rate service.
In 2004, LeaseTeam achieved Gold Certified status in the Microsoft Partner Program with Independent Software Provider (ISV) and Microsoft Business Solutions Competencies. This status recognizes LeaseTeam's expertise and total impact in the technology marketplace.
As a Gold Certified Partner LeaseTeam has demonstrated expertise with Microsoft technologies and proven ability to meet customers' needs. Microsoft Gold Certified Partners receive a rich set of benefits, including access, training and support, giving the company a competitive advantage in the marketplace.

