Contract Manager
Contract Management
Centralized contract management to scale your business:
- Rent types - fixed, floating, PBH, step ups, seasonal, daily etc.
- Letter of credit terms, expirations and reminders
- Insurance expirations, renewals and reminders
- End of lease options (early termination, renewal, purchase etc.), with reminders
- End of lease compensation (upsy-downsy, 1 or 2-way mirror, picture in-picture out etc.)
- Reminders on key milestones, delivered right to your inbox
- Redelivery conditions
- Base readings
- Document Management
Maintenance Reserves
Customizable Maintenance Reserves To Give You Flexibility
- Automatic escalation of reserves
- Assumed, estimated and actuals re-conciliation
- Changes in mid-month rates
- Prospective rates with look backs
- Interpolation based on FH:FC rates and derates
- Reserve balances tracked by Airframe, Engines, LLP, LG and APU
- Top up & lessor obligations
- End of lease compensation
- Shop visit claim processing with MR balance history lookup by date
- Portal to allow airlines to enter utilization with electronic invoicing
Billing & Invoicing
Centralized Billing & Invoicing To Reduce Administrative Costs
- Billing for rent, MR, interest, or other types of invoices
- Auto billing in bulk for rent and MR
- Portal to allow airlines to enter utilization and generate their own invoices
- Working with IATA to standardize billing and invoicing formats
- Reminders on key dates such as rent or MR due dates
Reporting
Customize Your Reports To Get The Right Insights
Create your own reports or customize ours. A few sample reports:
- Portfolio report with aircraft type, variant, engine type, MTOW, lease terms, rent, MR rates etc.
- Lease end, extension option, Insurance or LOC expiarations by operator
- Low asset utilization
- Rent, MR and other invoice schedule, with unpaid balances
- Customer aging
- Depreciation schedules
Better Insights Into Cash Flows & Valuation
Cashflow Forecasting Helps You Predict The Future:
- Run forecasts on aircraft with different assumptions
- Over-ride parameters such as FH:FC or operating conditions
- Analyze future SV intervals and impact on MR
- Incorporates top-ups and lessor contributions
- NPV, IRR and cash multiple calculations
- IRR sensitivity around different purchase prices
- Plans to incorporate artificial intelligence into models
- Automated calculations of maintenance adj. half life, full life & market values
Customize To Your Needs
Our powerful platform comes with customization capabilities at no extra cost - add your own fields to track additional metrics or KPIs that are unique to your contract terms.
An embedded workflow engine helps you coordinate tasks across multiple departments (utilization & MR approval, SV claims etc.).
Improve Productivity
- LeaseWorks brings insightful data right at your fingertips
- Use your mobile device of choice to do every day tasks
- Generate lease summaries, review portfolio reports and get alerts on key dates on your mobile
- An embedded workflow engine to coordinate tasks across departments
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