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Functionality

Mid to Lg size Portfolio

 

Sm to Mid size Portfolio

OPTIMA©ULTIMA©MILLENNIA©iNnova©
Accounts Payable  interfaceinterfaceinterface

interface

ACH

Application Processorinterfaceinterfaceinterface

interface

Asset Basedlimited
Automatic Lease Numbering 
Audit Trail
Auto-Sequencing Cash Application 
Cash Application
Charge-off Processing & Reversals 
Collectionsinterface
Comments
Complete Transaction History
Couponsinterface
Credit Reportinginterfaceinterfaceinterfaceinterface
Database TypeMS SQL & OracleMS SQL & OraclePervasive SQLMS SQL & Oracle
Dealer/Vendor Relationship Management 
Depreciation Accounting & Tracking- Tax & Book
Document Trackinginterface
Electronic Tax Remittance  
Equipment Leasing
Export Data
Flexible Contract Renewals or Extensions
Flexible Lease Term
Floating Rate Accounting soon
Gain/Loss Calculations
General Ledger Exportinterfaceinterfaceinterfaceinterface
History Tracking
Insurance Tracking
Inventory Managementlimited
Invoicing & Past Due Notices
Late Charges- Customizable
Lease Accounting
Lease Analysisinterface
Lease Types: Brokered, Discounted
Lease Types: Direct, True, Operating
Lock-boxinterface
Maintenance Scheduling & Tracking 
Miscellaneous Billing
Multiple contracts per customer
Off Lease Tracking of Assets
Participations
Past Due & Aging Tracking
Payoff Quotes
Property Tax Management
Real Time Posting & G/L entries 
Recovery interface
Re-leasing capabilities 
Reporting - Internal
Reporting w/ Crystal, Access, etc.interfaceinterfaceinterfaceinterface
Searching capabilitiesmoderatemoderatelimitedextensive
Security: Field/Transaction Level 
Security: User Level
Skip Payments & Irregular Payments
Taxes: Built in & update manually or build your own
Taxes: Taxware or Vertex Tax Rate Filesinterfaceinterfaceinterfaceinterface
Terminations
Unbook/Rebook 
Unlimited Assets/Contracts 
Unlimited Guarantors 
Unlimited Miscellaneous Fees
User Defined Fields 
Vehicle/Auto Leasing
Web AccessTerminal ServicesTerminal ServicesTerminal ServicesTerminal Services
Wire Transfer interface
Workflow, Queuing, & Scheduling capabilities 
Yield History 
 

Key

          =   feature of product

interface =   creates files for a 3rd party product

 

 

 

 

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Summit National, Inc. website updated 06.25.05

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