This week, Alfa announced its latest software update with release 5.7 Alfa Systems, a software platform for asset finance.

Alfa highlighted the latest release follows two years of new enhancements in key areas of the product, with new offerings in the user experience, charges and billing, and configuration among the highlights.

Meanwhile, changes to existing functionality include wholesale, integration and Alfa Systems’ highly valued reporting solution.

The company noted that many of the features in the 5.7 release come directly as a result of market or customer needs, but plenty have come about as a result of opportunities identified by Alfa’s own developers and architects to keep improving how the cloud-native Alfa Systems delivers to customer needs, how it communicates with other systems, and how it can improve the day-to-day lives of its many users.

“We’re committed to helping our clients achieve as much as they can, as painlessly as possible,” Alfa chief technology officer Andrew Flegg said in a news release. “This is because we know they don’t want to worry about systems — they want to get on with doing business, and staying competitive in the market.

“Each time a customer takes Alfa Systems for the first time or upgrades to a later version, they are taking on a wealth of functionality and technical capability that helps them run their business better, build a more robust operation, save a lot of valuable time, and focus their expertise elsewhere,” Flegg continued.  “Our platform gives them the power and flexibility not just to respond to changing business needs, but get ahead of them too.”