CFLA Technology Showcase

TAO Solutions

Product/Software Name

TAO Solutions

Product/Software Category

  • Asset Based Finance

Product Summary

A modern, cloud-based, end-to-end solution for asset finance origination, credit adjudication, booking, and servicing.

Full Product Summary

LeaseSPARK provides a full-range of functionality from origination and underwriting through to servicing in an affordable, turnkey solution designed for small to medium-sized independent Canadian asset finance companies. Featuring integrated customer relationship management, document management, eSignatures, servicing, and accounting, all delivered on the cloud, users of the software can empower their businesses with the necessary automation to drive better customer experiences and remain competitive.

Origination & CRM:

  • Create and maintain accounts, contacts, vendors, and schedule key activities with reminders and notifications
  • Track deal pipeline in real-time on an interactive and visual dashboard; all within a configurable origination workflow with customized stages
  • Support for hierarchical sales models allowing for roll-ups and delegation
  • Built-in support for time value of money calculations essential to compute all financial characteristics of a deal

Adjudication & Booking:

  • Task based view of all remaining activities to underwrite and book a deal
  • Robust modeling and credit analytics including: financial spreading, configurable scoring, and storage of key financial information
  • Fully configurable credit adjudication framework with multiple layers of approvers
  • Powerful document creation engine allowing for the definition of forms, closing docs, insurance docs, and registration of security interest featuring fully integrated e-Signature capability

Servicing:

  • Comprehensive support for ongoing billing and automated collections along with periodic PayNet reporting
  • Easily prepare buyout quotations and effect necessary processing upon termination, including invoicing and accounting events
  • End-of-term workflow management to ensure all requisite actions are taken
  • Automated internal ledger accounting support for ongoing collections, payouts and other cash and accrual events within the business lifecycle

Technology Requirements:

  • Turn-key, cloud solution based on the latest Microsoft technologies

Company Contact Info

TAO Solutions
11 King Street West
Suite 1600
Toronto, Ontario
M5H 4C7

Contact Person: Aaron Seaton

Email: aaron.seaton@taosolutions.ca

416-309-7474

http://www.leasespark.com