Odessa Technologies has won the US Equipment Leasing and Finance Association’s Operations & Technology Excellence (O&TE) Award for its 2014 implementation of LeaseWave at BB&T Equipment Finance Corporation. 

This marks the fourth time in the last five years that an Odessa implementation has won this award, having previously received it in 2010, 2011 and 2013.

The LeaseWave suite of products is a fully internet-based lease management solution, providing an end-to-end lease and loan origination and portfolio management system for equipment leasing and finance and vehicle leasing and fleet management companies

Rob Krebs, vice president, projects at Odessa said: “BB&T Equipment Finance made a strategic decision to shift its equipment finance focus from small businesses to mid-sized and large corporations, requiring a total transformation of the company in order to support new processes and procedures, products and the requisite controls. 

“We are very proud to have had the opportunity to work so closely with BB&T and play an instrumental role in its overall business transformation.”

Odessa Technologies is exclusively focused on the leasing industry. The company is headquartered in Philadelphia, Pennsylvania and employs a staff of 350 people.