End-To-End Equipment Lease Management
Also Manage The Entire Lifecycle of Property Leases
Track Equipment Assets From Start to End-of-Term
Our Software Tracks All Types Of Equipment Leases
dodaso’s Equipment Lease Management software automates the workflows and controls for tracking leased equipment. Using just manual processes, paper documents, file cabinets, spreadsheets, and emails will be too time-consuming and error-prone. Under the new lease accounting standards, your auditors and stakeholders will apply, a greater level of scrutiny to your lease portfolio than in the past. Our software helps you track and manage your leased assets throughout their entire lifecycles.
New Leases
Put all existing and new leasing data and documentation on a single lease management platform that can be used across the enterprise.
Mid-Term Activities
Track mid-term lease and asset changes such as relocation, upgrades, swaps, early returns, early buyouts, and change of option exercise expectations.
End-of-Term
Automatic Sends Notifications all the relevant stakeholders for a particular asset and ensure no critical decision dates are missed.
Audit Trail
A comprehensive and detailed audit trail that captures the what, when and who information for every lease asset activity and places the data along a timeline that has links to related documentation and communications.
Management The End of Term To Optimize Decisions and Reduce Cost Leakages
Our Software Tracks Equipment From the Start to the End of Term
When an asset is approaching end-of-term, our lease management software will automatically notify you that a decision must be made to return, renew, or buyout the asset. Escalation workflows can be triggered to ensure timely end-of-term decisions. Easily make the decision by selecting the available options. Once you’ve selected a decision, a notification is sent to all relevant internal stakeholders and to the lessor (leasing company).
All the necessary accounting, attestation, and update record activities are automatically are properly completed so your records are 100% accurate. You can view a queue of end-of-term leases and see what decisions were made and which lease has passed the end of the contract date without a decision and are incurring month-to-month fees.
End-Of-Term Renewals
View available renewal options or request renewal quotes, make a decision, then notify internal stakeholder and your lessor.
End-Of-Term Buyouts
You may choose to buyout an asset that is critical to operations, lost or damaged. Review available purchase options and residual values, then negotiate the buyout price with the lessor.
End-Of-Term Returns
Select “return” to initiate EOT equipment return workflow. Plan to decommission and backfill leased asset. Schedule logistic provider to pack and remove leased equipment.
Evergreen
View a list of leases past the lease end date and see if the lease is paying month-to-month at the same, higher or lower rent rate. Review available explanations or request for an explanation, and then take the appropriate action.
Full Suite Of Applications Delivered On One Platform
End-to-end Lease Management System
Global Lease Sub-ledger For Equipment and Property
Competitive Equipment Lease Sourcing Portal
Asset-level Lease Accounting Engine
Lease Versus Buy Decision Analysis
Enterprise Requisition and Approval Management
Enterprise Workflow Management And Customization
Enterprise Social Collaboration And Communications
Task Management and Productivity Features
Subscribe To Our Newsletter
Get the Latest Advice and Tips on New Lease Accounting Implementation.
Reach Us
646 Plank Rd, Suite 202, Clifton Park, NY 12065
866-688-6828
contact@dodaso.com