Cassiopae, a global provider of finance and asset portfolio management software, announces that JSL has selected Cassiopae as its strategic leasing software provider.
JSL is a 59 year old company and the leader in logistical services in Brazil. The company operates four primary business lines: dedicated supply chain services, management and outsourcing of fleets and equipment, public and private passenger transportation, and general cargo transportation. With the Central Bank’s recent approval of JSL’s purchase of BGN Leasing, the company will have the opportunity to offer lease financing for truck and vehicle sales.
With a portfolio of more than 300 customers with operations in 16 different sectors of the Brazilian economy, JSL has 139 operational branches distributed throughout 16 Brazilian states and 4 Latin American countries, including Argentina, Uruguay and Chile.
“We are confident that Cassiopae Brazil will provide a differential in the capture of contracts and give us a high level of business agility,” said Osmar Roncolato, JSL CEO and President of the Brazil Leasing Association (ABEL). “Our selection was based on finding a product that could contribute significantly to the startup of our operation.”
“JSL’s selection of Cassiopae is testament to the new synergies created by Cassiopae’s recent establishment in Brazil and its combination of experienced resources and regional know-how,” said Georges Legrand, CEO of Cassiopae Brasil Ltda. “We offer a compelling combination of strategy, know-how, technology, and resources for Latin American companies looking for leasing and loan software to support growth and agility in developing markets.”
About JSL: JSL (BM&FBOVESPA: JSLG3) is the company with the broadest portfolio of logistics services in Brazil and the leader in its segment in terms of net revenue. With over 50 years’ experience in this sector, the Company operates nationwide in Brazil and across the entire production process, from the transport of cargo to complete outsourcing of the logistics chain. In 2010, JSL became a publicly listed company, with its shares traded on Novo Mercado, the BM&FBovespa stock exchange listing for companies with the highest level of corporate governance, which further distinguishes the company within its sector. For more information visit http://www.jsl.com.br
About Cassiopae: Cassiopae global finance and asset management solutions support millions of assets in live lease and loan portfolios at more than 300 customer sites in over 35 countries. A multi-lingual, multi-currency solution, Cassiopae’s lending, leasing, and asset management software offers a configurable web based user interface and leverages industry-standard technology including Web 2.0 Rich Internet Application technology, Oracle® DB, Unix®, Linux®, and Windows® environments. For more information, visit http://www.cassiopae.com