Lx LseMod

Lx LseMod: Open-Source Leasing & Lease Accounting Software

Lease accounting and management software for equipment leasing companies, handling origination to termination

What is Lx LseMod?

Lx LseMod is an end-to-end leasing and lease accounting software solution designed specifically for equipment leasing companies. It is developed by Lx Software, a company focused on providing technology solutions for the equipment finance industry since 2003.

Lx LseMod covers the entire leasing process, from origination to termination. Key features include:

• Contract origination - Application entry, credit checking, documentation and eSignature readiness
• Booking - Automatic booking entries as per ASC 842 guidelines
• Billing - Automated billing, late fee handling and automated dunning
• Accounting - Handles payments, accounting entries, reporting and collections
• Asset management - Tracking assets from acquisition to disposal
• End of term processing - Automated EOF notifications, extensions, terminations and asset dispositions

Being cloud-based, Lx LseMod can scale as per business needs. It comes integrated with Lx Collect debt collection software. The software is cost-effective and suited for mid-size to large leasing portfolios. It aims to improve efficiency and minimize errors in leasing companies.

Lx LseMod Features

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