McCue Systems Integrates SuperTRUMP Pricing Engine into the LeasePak Enterprise Lease Management System
BURLINGAME, CA, 7/30/2003-- McCue Systems Inc. announced today it has integrated the SuperTRUMP pricing technology from Ivory Consulting into its LeasePak lease and loan management system. The integration will benefit lessors with streamlined originations, the elimination of redundant data input, and integrated best-of-breed pricing analysis.
SuperTRUMP is a widely-accepted pricing technology that is easy to use, flexible, and accurate. A powerful lease analysis application, SuperTRUMP calculates the economics of an investment and displays the results so that they can be communicated clearly to a broad group of users. As now integrated into LeasePak, this information will be automatically available within the lease management application, requiring no additional user intervention or manual data transfer.
"Lease pricing may have been a simple matter years ago, but in this leasing environment lessors need to be more sophisticated than ever, taking into account a great many variables," says John McCue, CEO and founder of McCue Systems. "Today's deal makers need to calculate cash flows and statistics, apply IRS and FASB tests, and utilize the structuring options that are appropriate in the current leasing marketplace. That's why we wanted to offer our customers a true best-of-breed pricing technology that can be used throughout the leasing enterprise. As the industry's premier pricing and financial modeling tool, SuperTRUMP gives lessors the depth of information they need to manage risk and optimize returns while speeding origination decisions. We are proud to offer it to our LeasePak client community."
"As two leaders in the leasing technology arena, the relationship of Ivory Consulting and McCue Systems has been a natural fit from the beginning," states Chris Ivory, President and founder of Ivory Consulting. "Both companies are committed to the equipment leasing industry and to the success of their customers. Now, together, we can offer lessors the industry's best pricing engine as an integral component of a lease management system that offers lessors the flexibility and proven scalability they need."
With over 30 years experience in developing business solutions for the leasing industry, McCue Systems Inc. is the leading provider of lease/ loan portfolio management software for banks, leasing companies, and manufacturers. Its flagship product, LeasePak, simplifies lease/loan administration and asset management by accurately tracking leases, loans, and equipment from origination through end-of-term and disposition.
McCue Systems leads the leasing technology industry in the development of Web-enabled and Web-based tools to deliver superior customer service, reduce operating costs, streamline the lease management lifecycle, and support collaboration with origination channel and asset partners. Alone in the industry, McCue Systems offers a Web-based front-end system that integrates fully with the system's back-office database architecture.
The leasing experts at McCue Systems work closely with lessors to put the company's leasing expertise to work to streamline lease operations and enhance customer retention at every stage of the lease lifecycle.
See www.mccue.com for more information about the LeasePak lease management system and the company's comprehensive range of consulting and technology services.
Or contact info@mccue.com or call 650-348-0650 Ext 1171.
About Ivory Consulting Corporation
Since 1983, Ivory Consulting Corporation has provided state-of-the-art lease analysis software for the leasing industry. The company's flagship application, SuperTRUMP, was the first PC- based analysis model to provide portfolio analysis and linear programming optimization.
Ivory Consulting Corporation employs a varied and talented staff of experts in the fields of financial modeling, leasing and computer programming, as well as technical support and sales.
Over 2,000 people in more than 150 companies use the Walnut Creek, California-based company's software. Ivory Consulting's customers are among the world's leaders in finance and leasing - from banks to captives, to independent lessors, and lessees.
For more information on Ivory Consulting and the SuperTRUMP application, visit www.ivorycc.com.
