CFLA Technology Showcase

Casitron (A division of Constellation Finance Systems)

Product/Software Name

Casitron

Product/Software Category

  • Lease Accounting and Management System

Product Summary

Casitron is a cloud-based application service provider. Our application CLAMS (Casitron’s Lease Accounting and Management System) is ideal for servicing all types of equipment and vehicle contracts, covering the entire process from booking and funding through contract management to contract termination. Our software solution is backed by solid technology and outstanding customer support.

Full Product Summary

As Casitron Limited is an ASP (Application Service Provider), we alleviate your concerns about data security, the need for you to buy expensive equipment, and we take care of all your backup requirements. When updates and new features are added to CLAMS, they are immediately available to you.

Cost effective, complete solution

  • Companies don’t need to purchase expensive servers and infrastructure equipment
  • Low implementation costs – fees grow only as a business grows
  • Transactional pricing model means there’s no upfront license fee
  • Integrated General Ledger (only one in North America)
  • Services all types of equipment and vehicle contracts; handles leases, conditional sales, and loan contracts, and covers the entire process from booking and funding through contract management to contract termination.

Easy to use

  • Solid accounting that doesn’t require a CPA to understand
  • Automation of repetitive tasks
  • The user enters a few data elements about the contract structure and the system creates entries to the GL behind the scenes based on configuration.
  • Application can be interfaced with any front-end system that can pass data in XML format.

Scalable and secure

  • Customers range from small boutique finance companies to large financial institutions in Canada
    • For users with 200 – 200,000 contracts
    • Almost infinitely scalable
  • Data is housed in a high-security facility
  • Well-designed Oracle database in the backend
  • Batch processes to efficiently run the day-to-day business without users having to do repetitive tasks

Company Contact Info

Casitron (A division of Constellation Finance Systems)
8133 Warden Ave
Markham, Ontario
L6G 1B3

Contact Person: Barb Agnihotri

Email: bagnihotri@casitron.com

905-943-6157

http://www.casitron.com