OREANDA-NEWS. April 24, 2012. Fujitsu Limited today announced that it is commencing sales of LEASING-1 Neo for SaaS, the SaaS version of its LEASING-1 Neo leasing ERP software package, to medium-sized leasing companies throughout Japan.

This service covers the entire workflow of leasing companies, from customer interface to back office operations, including lease inquiries, estimates, letters of intent, internal approvals, contract agreements, lease implementations, administration during the lease term, expiration and disposition. By enabling smoother coordination in the operations division, and by enabling rapid response to customer needs and accounting changes, the new service will significantly accelerate management responsiveness.

This highly reliable, high-quality service is offered by Fujitsu's systems center, and because pricing (on a monthly billing cycle) is based on the number of contract datasets and the number of optional features used, installation and operation costs are optimized.

The leasing industry is facing a very difficult operating environment as enterprise-lease billings continue to shrink year by year due to deteriorating economic conditions. While most large-scale leasing companies have deployed ERP systems to accelerate their management processes, many medium-sized leasing companies, in particular, have been reluctant to do so over concerns about the cost and operational burden they entail. At the same time, however, they are facing new challenges, including preparing for disasters in order to ensure business continuity.

To address these needs and concerns, Fujitsu is offering a SaaS version of its Leasing-1 Neo ERP package.