Casitron and the CLAMS System

Casitron Limited through it's application CLAMS (Casitron's Lease Accounting and Management System) provides a comprehensive lease/loan accounting solution for managing portfolios, tracking assets and handling accounts.

Currently Casitron maintains 77 portfolios for more than 50 customers.

CLAMS is capable of servicing all types of equipment and vehicle contracts and covers the entire process from origination to the end of the contract's life. Historical records are kept on file and never purged.

As soon as your data is loaded to CLAMS, transactions are immediately posted to the G/L. Most of your accounting is performed automatically and you can print your financial statement at any time. CLAMS is designed to be operated by all staff, including those not familiar with lease accounting practices.

The securitization facility in CLAMS includes: discount reports, recording of discount information, and maintains a funder balance with each contract.

As an ASP (Application Service Provider), we alleviate your concerns about data security, the need for you to buy expensive equipment, and we take care of all your backup requirements. When updates and new features are made to CLAMS, they are immediately available to you.

Your data is housed in a 24/7/365 high-security facility and mirrored at our disaster-recovery site.

Help and training is available online or at our Aurora office at no charge.

There is a minimal setup fee for your Internet connection to us. There is no charge for taking on your existing portfolio, providing it is in a readable electronic format.

Using CLAMS for your lease accounting and management functions, allows you to focus on what you do best - running your business.