Maximizing Efficiency in Property Management Workflow

New Lease Inception

Type: Send Email

The New Lease Inception process initiates when an employee or department requests a new lease for a company vehicle. This workflow step ensures that all necessary information is collected to facilitate the lease process. Upon submission of the request, the system automatically generates a work order and assigns it to the designated leasing officer. The leasing officer reviews the request, verifies the required documentation, and confirms the employee's eligibility for a company vehicle lease. The workflow also triggers an automated notification to the accounting department to reserve the necessary funds for the upcoming lease payment. This process streamlines the new lease inception by minimizing manual interventions and ensuring that all stakeholders are informed and engaged throughout the transaction.