Load Accounting System

Load Accounting System, as titled on the listing, comes from Advanced Lease Systems, a software firm serving the leasing and finance industries since 1984. It is an in-house loan portfolio manager with insurance and title tracking and more than 40 management reports. The same company also sells lease accounting software and a front-end quoting tool.

What Load Accounting System does

• Loan accounting: handles both simple interest and pre-computed loans.
• Insurance and title tracking: kept alongside each loan.
• Management reports: more than 40 are included.
• Lease accounting: a separate flagship product supplying book and tax figures, billing and collection.
• CarCalc: quotes a deal, processes the credit application and prepares documents.

Clients

Banks, credit unions, independent leasing companies, buy-here-pay-here firms and vehicle dealerships in the United States and beyond.

Key facts

• Vendor: Advanced Lease Systems, Inc.
• Operating since: 1984.