The setting up of the company was targeted on different basics including the leasing industry though large in size and profitability, was still backward technologically and unorganized. The company catered by lease accounting and management software was over priced and very limited. Odessa Technologies also lacked in internet skill.
With just the US leasing market alone estimated at $233 billion annually, the company's Principals saw a unique and financially viable opportunity providing IT solutions to better manage this money. Odessa Technologies had the cutting-edge technology in leasing at best. The company has spot lighted sections of the leasing process affecting each one in a unique, independent and isolated manner from the whole lease-operation. In such a circumstance the companies were forced to tie together the disparate sections of the lease process.
In such a situation the Odessa Technologies chose to build Lease Wave as its flagship suite of integrated lease accounting, workflow and management products, in an attempt to address these very limitations. In its mission the company targets to provide premier business management solutions for creating value and streamline operations for the lease enterprises. The management section of the company is handled by Madhu Natarajan & Jay Mehra. Both are experienced professionals in software technologies, lease management and lease accounting. The management section also include professionals as
Gokul Ghia, Kevin Schroeder,Jeba Dharma Singh and others.
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