Global Asset Finance and Leasing Software Market Size Was Valued at USD 1.20 Billion In 2022 And Is Projected to Reach USD 2.92 Billion By 2030, Growing at A CAGR of 11.8% From 2023 To 2030.

Asset leasing software, also known as equipment leasing software, manages all activities within lease lifecycle management, from auditioning to end-off leasing activities. Companies use this type of software to track leases, documents, contracts, prices, billing, and collections. This type of software is also useful for compliance and tax management. Asset leasing software is primarily used by asset managers and financial professionals, but its reporting capabilities are essential for executives making decisions about the company's portfolio of assets. Asset leasing software is available as a standalone solution or in multiple product packages. This type of software needs to be integrated with CMMS and enterprise asset management software, as well as accounting software and ERP systems.