Equipment Leasing Service
Today, businesses lease their equipment be it Office, Transportation, Agricultural or Construction Equipment either as a Tax Lease or as a Capital Lease depending on their specific situation. The leased assets are the Most Poorly Managed Assets in a Company’s Financial Portfolio. Despite the large size and value, most organizations don’t have processes and controls that support their leasing program. There is no single division or group owns leasing within the Organization. There is no one software application that stores all the leasing data. As a result, most CFOs don’t know what the equipment is, where is it located and when the leases expire.
Xindex Global has been in the forefront offering abstraction services to Equipment Leases. We have been solving the problems faced by the CFOs by getting all the data into a single coherent and flexible system by abstracting the leases and maintaining them continually. Our team of professionals understand the specific equipment industry along with lease administration, legal, and accounting knowledge.
The advantage we bring to the table are:
- Accurate accounting and reporting for improved statutory compliance (FASB and IASB) and decision making
- Reduced end of term fees for better profitability
- Tracking all the equipment throughout the lease tenure and beyond
- Obtain competitive financing rates for the new items to be leased
- Flexible engagement with on-time delivery and 100% quality on Dates & Dollars