Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Ellipsis serves as a lease management tool that enhances and simplifies the lease abstracting process while automating the oversight and handling of critical lease information. This application caters to a variety of users, including individuals who manage lease data daily, such as property managers, asset managers, lenders, and leasing brokers. Additionally, it supports those engaged in abstracting leases related to due diligence and activities like the buying, selling, and financing of real estate, encompassing buyers, sellers, lenders, investment brokers, consultants, legal professionals, and accounting firms. Furthermore, Ellipsis facilitates the business-to-business sharing of lease information, ensuring that all parties can access the data they need efficiently.
Description
Across Europe, leasing has become a prominent topic as the direct acquisition of production facilities is increasingly uncertain. Approximately 1,400 leasing firms provide nearly 250 billion euros in annual financing. However, these leasing agreements can be intricate, often resulting in unexpected expenses and necessitating financial reporting adjustments that may impose significant limitations. Progefi offers an effective solution that simplifies the management of financial leasing contracts, ensuring that you have precise information at your fingertips. This platform allows for the generation of daily reports and the straightforward restatement of comparative data in compliance with IFRS 16. Key details such as payment amounts, interest rates, original values, terms to maturity, financing fees, effective rates, and total costs are all easily managed, making Progefi an invaluable tool for financial oversight. By utilizing this service, businesses can navigate the complexities of leasing with confidence and clarity.
API Access
Has API
No
API Access
Has API
No
Integrations
Exponential DeFi
No
Subframe
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Qualitech
Founded
1985
Country
United States
Website
www.qualitech.net
Vendor Details
Company Name
Finance Active
Founded
2000
Country
France
Website
financeactive.com/financial-risk-management/leasing-management/progefi-16/
Product Features
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
Yes
Landlord Database
No
Lease Classification
Yes
Portfolio Management
No
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
Yes
Tenant Database
No
Product Features
Lease Management
Billing & Invoicing
No
Commercial Leases
No
Contact Management
No
Landlord Database
No
Lease Classification
No
Portfolio Management
No
Property Management
No
Residential Leases
No
Retail Leases
No
Sublease Management
No
Tenant Database
No