Published on September 20 2010

CHP Consulting announced today the release of the latest version of its flagship software solution, ALFA v5, in North America. The North American market availability completes the global release of ALFA v5 following the successful introduction of ALFA v5 in Europe and Asia Pacific regions last year.

Currently in deployment in two sites, ALFA v5 sets a new standard for operational excellence, with 100% of the functional depth of the previous version now made available entirely on a web platform.

ALFA v5 provides end-to-end functional support, driven by embedded workflow and automation of business logic. Built using the latest technologies, effortless deployment and simple integration with every department, partner and data provider is assured. ALFA v5 delivers a full suite of single or multicountry functionality, allowing the global lessor to conduct business without borders, spanning languages, currencies and accounting standards. Empowering employees, business partners and customers with an intuitive, highly customizable user interface, ALFA v5 is the class-leading solution for the global asset finance market.

Justin Cooper, CHP's North American President, said: "Our approach to ALFA v5 is delivering both advanced web-based technology and functional depth ALFA customers need and expect. ALFA v5 consolidates our position as market leader. With this release, we've delivered the class-leading solution for many years to come - we're putting asset finance on next-generation technologies, today."

The result of three years of development and millions of dollars in product investment, ALFA v5 reflects CHP’s continued commitment to preserving ALFA Systems as the front runner in the market.