Operating Lease
Software for Lessors
TURBO-Lease™ is operating lease software designed for equipment and vehicle lessors. It combines ASC 842 lessor accounting with lease billing, payment processing, collections and portfolio reporting.
Operating Lease Accounting
TURBO-Lease™ supports ASC 842 lessor accounting for operating leases throughout the life of the lease, while also supporting direct financing and sales-type lease classifications.
- ASC 842 Lessor Accounting
- Equipment & Vehicle Lease Portfolios
- Direct Financing Leases
- Sales-Type Leases
- Operating Leases
- Optional Simple Interest Loans Module
Operating Lease Servicing
Once an operating lease is booked, TURBO-Lease™ provides the tools needed for ongoing lease servicing, including lease billing, payment processing, collections management, customer account management and portfolio reporting.
- Online Payment Portal
- ACH / EFT Lease Payment Processing
- Automated Lease Billing by Email
- Lease Invoices & Statements
- Collections & Delinquency Management
- Lease Portfolio Reporting
- Lockbox Payment Imports
What Is Operating Lease Software?
Operating lease software helps lessors manage the accounting and ongoing servicing of operating lease portfolios. TURBO-Lease™ supports ASC 842 lessor accounting and the post-booking activities needed to service equipment and vehicle operating leases, including lease billing, payment processing, collections and portfolio reporting throughout the life of the lease.
Operating Lease Portfolio
Accounting & Servicing
See TURBO-Lease™ Operating
Lease Software in Action
