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The Leases Application allows you as a business owner to accept a payment in the form of a lease. It keeps track of orders requesting a lease, the lease number, the leasing company, if the lease was approved, and the order status. Some lessors are more strict than others when choosing to approve a lease, and the application accounts for when a company decides to decline a lease request. Our product offers an additional tool allowing you to manually change a lessor and resend your clients information to the new lessor.
If you are selling expensive products, the Leases App can be extremely helpful to your business. Customers who are uncomfortable with initially paying the full amount for your product can choose to lease the item which would require a lessor. The application records information required to process a lease when a consumer places their order and automatically sends the information to the lessor, eliminating the need for your company to do so manually.
This app is unique to 4ib. It simplifies the informational exchange
between customers, suppliers, and lessors and organizes the entire
process in one compact database.