Directory

Odessa Technologies, Inc.

Odessa Technologies, Inc. is a software development and consulting company headquartered in Philadelphia, PA, with a sole focus in equipment leasing and vehicle leasing/fleet management systems. Odessa’s flagship suite, LeaseWave®, is a true end-to-end, browser-based lease and loan platform. Both front-office and back-office functionality have been developed utilizing a singular software code and database.

Over the last ten years, Odessa has meticulously nurtured and developed three unique selling propositions that have distinguish us from our competition:

Technological Superiority:
LeaseWave® is built with the latest and most cutting-edge technologies available, utilizing industry standard/best practices in development and system architecture.

Configurable & Customizable Design:
LeaseWave® is specifically engineered to be configurable and customizable to not only meet current requirements, but easily adapt to changing requirements on an ongoing basis.

Functional Comprehensiveness:
LeaseWave® caters to the most demanding leasing companies serving a diverse cross section of industries (railcars to copiers, medical, IT, truck & trailer leasing and fleet management), with different go-to market strategies (small ticket, vendor and broker programs, middle market and big ticket).

Location

Address
  • Street: 2000 Market Street, Suite 1840
  • City: Philadelphia
  • State: Pennsylvania
  • Zip: 19103
  • Country: United States
  • Website: Odessa Technologies, Inc.

Contact Information

  • Main Phone: 215-231-9800
  • Main Fax: 215-231-9848
Contact 1
Contact 2

Business Profile

Business Profile
  • In Business Since: 1998
  • Association Membership: NAELB | NVLA | Other | ELFA |
  • Other Membership: NEFA, CFLA, AFLA, TRALA

Products / Services Offered

Products / Services Offered
  • LeaseWave®, is comprised of a suite of 120 configurable modules that fully automate leasing company operations while generating the accounting entries for every transaction. The suite is designed to be easily configured and customized to fit the exact requirements of each client’s business model. Unlike traditional software that forces users to redesign their processes based on the limitations of a system, LeaseWave®, was built with a core system that is common to any business, but has a user interface that can be easily customized to fit even the most unique requirements. Most lease management software is either contract-based or asset-based. What makes LeaseWave®, unique is the fact that it takes advantage of the best that each approach has to offer. All information is ultimately maintained at the asset level, eliminating cumbersome workarounds for obtaining asset-based information and thereby substantially increasing back-office efficiencies. Given this level of detail, information can be presented at either the asset or lease level, based on context and user-preference. LeaseWave®, is built ground-up with a workflow that can replicate any decision making process, whether associated with front-end or back-end processes. This dramatically improves efficiency when combined with metrics-based feedback on performance, allowing for the ongoing fine-tuning of decision-making processes. Additionally, the workflow supports rapid growth while adhering to proper procedures and controls. Key design features include: • Ability to create unlimited workflows for decision making, based on any subjective and objective criteria • Continuously identify bottlenecks in order to optimize processes and refine decision making processes – whether in the front or back office. • Intelligent user security that dynamically adjusts based on where a transaction is in the workflow • Automatic notification triggers at the occurrence of any event within a workflow • Automated transfer of information to or from other systems
Company Executive 2
  • Name: Madhu Natarajan
  • Title: Chief Executive Officer
  • Madhu worked for Crowe-Chizek, LLP before joining Odessa, Inc. at its inception. He brings extensive experience in software technologies, lease management and lease accounting. At Crowe-Chizek he consulted for multi-national projects that provided Caterpillar Inc. with a global solution for distributors and financiers of Caterpillar generators. He has spoken on a wide range of leasing topics at various national and international forums. He has also written for leading industry publications. Madhu graduated magna cum laude from Monmouth College, USA with a Bachelors of Science degree in Computer Science and minors in Business Administration and Accounting.
Company Executive 3
  • Name: Jay Mehra
  • Title: Chief Operating Officer
  • Jay brings specialized experience in leasing software technologies and operations management. He worked for Ernst and Young, LLP and consulted for the Dispute Analysis and Investigation wing of PriceWaterhouseCoopers, LLP before joining Odessa. At Ernst & Young, he helped develop the State of Industry report for India's auto-finance industry. He was also involved in the design and deployment of proprietary Intellectual Asset Management software that helped large multinational corporations manage their patent portfolios and budget their R&D spending. Jay graduated magna cum laude from Haverford College, USA, with a Bachelors of Science in Mathematical Economics, with high honors.