ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

Alfa announces wealth of new features in Alfa Systems Version 5.7

Posted 09/13/2022

Alfa, provider of Alfa Systems - the software platform for asset finance - has announced its latest software update in Release 5.7.

The latest release follows two years of new enhancements in key areas of the product, with new offerings in the user experience, charges and billing, and configuration among the highlights. Meanwhile, changes to existing functionality include wholesale, integration and Alfa Systems’ highly valued reporting solution.

Andrew Flegg, Alfa CTO, said: “We’re committed to helping our clients achieve as much as they can, as painlessly as possible. This is because we know they don’t want to worry about systems - they want to get on with doing business, and staying competitive in the market.

“Each time a customer takes Alfa Systems for the first time or upgrades to a later version, they are taking on a wealth of functionality and technical capability that helps them run their business better, build a more robust operation, save a lot of valuable time, and focus their expertise elsewhere. Our platform gives them the power and flexibility not just to respond to changing business needs, but get ahead of them too.”

Alfa’s dedication to continuous improvement is underpinned by a pursuit of innovation that runs throughout the company. Many of the features in the 5.7 release come directly as a result of market or customer needs, but plenty have come about as a result of opportunities identified by Alfa’s own developers and architects to keep improving how the cloud-native Alfa Systems delivers to customer needs, how it communicates with other systems, and how it can improve the day-to-day lives of our many users.

Find out more at alfasystems.com.

 

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About Alfa

Alfa has been delivering systems and consultancy services to the global asset and automotive finance industry since 1990.

Our best practice methodologies and specialised knowledge of asset finance mean that we deliver the largest system implementations and most complex business change projects. With an excellent delivery history over three decades in the industry, Alfa's track record is unrivalled.

Alfa Systems, our class-leading technology platform, is at the heart of some of the world's largest asset finance companies. Key to the business case for each implementation is Alfa Systems' ability to consolidate multiple client systems on a single platform. Alfa Systems supports both retail and corporate business for auto, equipment, wholesale and dealer finance on a multijurisdictional basis, including leases/loans, originations and servicing. An end-to-end solution with integrated workflow and automated processing using business rules, the opportunities that Alfa Systems presents to asset finance companies are clear and compelling.

With over 30 current clients and 26 countries served, Alfa has offices all over Europe, Australasia and the Americas. For more information, visit alfasystems.com.

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Author
Katlin Shul
Phone Number
2483854541