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IFS Technology Solutions launches product enhancements

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South Hasbrouck Heights-based IFS Technology Solutions announced Tuesday it has added enhancements to its IFSLeaseWorks product. IFSLeaseworks is an integrated software system used by banks and independent leasing companies to manage leases and loans efficiently throughout their lifecycle.

Version 3.5 of the company's IFSLeaseWorks product includes a participation module that supports unlimited numbers of investors, said Mitchell Kaufman, president of IFS Technology Solutions, in a release. The company also has expanded IFSLeaseWorks functionality for floating rate leases and the ability for lessors to create their own invoice formats and email a PDF document to customers, the release states.

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