LEASEWORKS


Associated tags: Aviation, Aeris, Software, Transport, Data Management, Air, Professional Services, Finance, Supply Chain Management, Logistics, Airline, Aerospace, Other Transport, Risk management, Manufacturing, Travel, Transportation, Maintenance, Collection, Banking

Locations: ASIA PACIFIC, SINGAPORE, EUROPE, IRELAND, UNITED STATES, NORTH AMERICA, NEW YORK, BOARDMAN

LeaseWorks Hosts First Digital Transformation Innovation Summit During Airline Economics Week

Retrieved on: 
Wednesday, February 14, 2024

LeaseWorks®, a leading provider of cloud-based solutions and services, hosted the first edition of its LeaseWorks Innovation Summit in conjunction with this year’s Airline Economics Week.

Key Points: 
  • LeaseWorks®, a leading provider of cloud-based solutions and services, hosted the first edition of its LeaseWorks Innovation Summit in conjunction with this year’s Airline Economics Week.
  • The Summit brought together thought leaders and senior executives from across the aviation finance community to discuss the industry’s latest innovations and best practices that help aircraft lessors advance their digital transformation initiatives.
  • “At the LeaseWorks Innovation Summit, industry experts covered a breadth of topics that helped attendees gain insights into how technology can help aircraft lessors optimize their internal and customer-facing digital initiatives,” says Haseem Vazhayil, LeaseWorks’ Chief Executive Officer.
  • The Summit closed with Jorg Koletzki, AerCap’s Chief Technology Officer, discussing technology trends and sharing his forward-looking outlook on the trajectory of digital transformation among lessors.

LeaseWorks Signs BBAM as First Customer for Newly Launched Utilization Tracker

Retrieved on: 
Monday, November 6, 2023

"We are delighted to expand our long term relationship with BBAM with the roll out of the Utilization Tracker module.

Key Points: 
  • "We are delighted to expand our long term relationship with BBAM with the roll out of the Utilization Tracker module.
  • With the advanced analytics platform and the ability to integrate with other LeaseWorks products easily and cost-effectively, the Utilization Tracker facilitates the collection of utilization data for BBAM’s global airline customers and asset groups.
  • “As a long-time customer, BBAM has been impressed with the functionalities of LeaseWorks new Utilization Tracker product.
  • The LeaseWorks team also calibrated the Utilization Tracker with BBAM’s fleet data to demonstrate the product’s capacity to identify specific aircraft that were non-compliant.

LeaseWorks Launches Tracker to Aid Lessors in Collecting and Analyzing Utilization Data

Retrieved on: 
Tuesday, April 18, 2023

LeaseWorks®, a leading provider of cloud-based solutions and services, announced the launch of a new tool, LeaseWorks Utilization Tracker within the Aeris MATCH™ software ecosystem, which aids aircraft leasing companies in collecting and analyzing critical aircraft utilization data from their airline customers.

Key Points: 
  • LeaseWorks®, a leading provider of cloud-based solutions and services, announced the launch of a new tool, LeaseWorks Utilization Tracker within the Aeris MATCH™ software ecosystem, which aids aircraft leasing companies in collecting and analyzing critical aircraft utilization data from their airline customers.
  • Obtaining and storing accurate data on the utilization of leased aircraft is fundamental to lessors’ ongoing ability to effectively manage aircraft portfolios and optimize leasing operations.
  • Collecting and analyzing such data can be a daunting challenge, particularly in a highly dynamic industry, where lessors and investors are sensitive to accurate reporting on how and where they are flown.
  • “One of the primary areas that lessors could benefit from is more timely data from airline customers on their aircraft utilization,” explains Juan Blanco, Senior Advisor, Customer Solutions, Architecture and Technology at LeaseWorks.

LeaseWorks Receives SOC 1 Type II Attestation, Validating Robust Operating Controls

Retrieved on: 
Tuesday, March 7, 2023

LeaseWorks®, a leading provider of cloud-based solutions and services, announced at the ISTAT Americas conference that the company completed its SOC 1 Type II audit for 2022.

Key Points: 
  • LeaseWorks®, a leading provider of cloud-based solutions and services, announced at the ISTAT Americas conference that the company completed its SOC 1 Type II audit for 2022.
  • This third-party assessment validates that LeaseWorks has the proper internal controls and processes in place to deliver high-quality services to its aviation clients.
  • “Maintaining effective controls across all services we provide is top priority at LeaseWorks,” says Juan Blanco, Senior Advisor, Customer Solutions, Architecture and Technology at LeaseWorks.
  • “This third-party opinion validates the controls required by our customers and the tests we perform on an ongoing basis to provide assurance regarding the managed solutions provided by LeaseWorks.”

LeaseWorks Expands Product Advisory Board

Retrieved on: 
Tuesday, January 17, 2023

The most recent additions to the Product Advisory Board include:

Key Points: 
  • The most recent additions to the Product Advisory Board include:
    “At LeaseWorks, we firmly believe in the power of giving lessors access to the innovations and best practices so they can stay competitive, responsive, and fast-to-market,” said Haseem Vazhayil, CEO, LeaseWorks.
  • In addition to the new board appointments, LeaseWorks announced the roll-out of a series of enhancements to its product suite, including:
    Subsequent Events Projection: Lessors can obtain further insights by projecting subsequent maintenance events up to the end-of-life of the asset.
  • “With the goal of helping lessors to stay ahead of technological and industry disruptions, the LeaseWorks team is continually collaborating with members or our Advisory Board in conjunction with ongoing input from existing and prospective customers to enhance the functionalities and user experience our best-in-breed product provides,” added Vazhayil.
  • Join LeaseWorks for the next edition of Product Release Webcast on February 23, 2023, 11 a.m. U.S. Eastern / 16:00 Dublin time, to preview new product developments and module enhancements within our existing product portfolio, including CRM, Technical, Contracts and Finance.

LeaseWorks Advances Novus Aviation Capital’s Digital Transformation

Retrieved on: 
Tuesday, September 20, 2022

LeaseWorks, a leading provider of cloud-based solutions and services to the aviation industry, announced during the ISTAT EMEA conference that Novus Aviation Capital (Novus) deployed the companys Aeris Asset software to support the day-to-day management of the Dubai-based lessors global leasing operations.

Key Points: 
  • LeaseWorks, a leading provider of cloud-based solutions and services to the aviation industry, announced during the ISTAT EMEA conference that Novus Aviation Capital (Novus) deployed the companys Aeris Asset software to support the day-to-day management of the Dubai-based lessors global leasing operations.
  • We are thrilled to expand our relationship with Novus and enhance the platforms competitive advantage by providing a single source of truth for managing, trading and marketing assets, says Haseem Vazhayil, CEO, LeaseWorks.
  • LeaseWorks provides cloud-based products and services to the aviation leasing community, with solutions for both lessors and airlines.
  • www.lease-works.com
    Established in 1994, Novus Aviation Capital (Novus) is an independent, privately held aircraft leasing platform, focused on investing in commercial aircraft assets.

LeaseWorks and Core Financials Deliver Integrated Accounting Experience for Aircraft Lessors

Retrieved on: 
Wednesday, June 8, 2022

LeaseWorks Inc., the leader in cloud-based software products, and Core Financial Systems (Core), the leading SaaS aircraft leasing financial software solutions provider, shall begin collaboration to deliver an integrated solution experience for clients in the aircraft leasing industry.

Key Points: 
  • LeaseWorks Inc., the leader in cloud-based software products, and Core Financial Systems (Core), the leading SaaS aircraft leasing financial software solutions provider, shall begin collaboration to deliver an integrated solution experience for clients in the aircraft leasing industry.
  • The collaboration intends to deliver an integrated accounting experience for lessors finance and accounting teams, enabling them to generate financial transactions in LeaseWorks and seamlessly export these transactions to Core resulting in a more agile and aligned organization that is better equipped to respond to the changing financial needs of an aircraft leasing platform.
  • The basis for this is the seamless connectivity of data, a 'Core strength of the Core Solution.'
  • LeaseWorks provides cloud-based products and services to the aviation leasing community, with solutions for both lessors and airlines.

LeaseWorks Transforms Lessors’ Ability to Manage Aircraft Assets with New Robust Software

Retrieved on: 
Tuesday, May 10, 2022

The leader in cloud-based software products for the aviation leasing industry signaled the introduction of a new lineup of modules and software extensions to revolutionize lessors ability to manage a wide array of leasing-related activities.

Key Points: 
  • The leader in cloud-based software products for the aviation leasing industry signaled the introduction of a new lineup of modules and software extensions to revolutionize lessors ability to manage a wide array of leasing-related activities.
  • The rollout includes a robust and comprehensive supplemental rent module, completely rethinking, from the ground up, how complex maintenance reserves can be easily tracked with software.
  • The new robust capabilities are designed to give CFOs and their finance teams the ability to streamline billing, invoicing and collections processes.
  • At LeaseWorks, were passionate about helping people get things done; thats our way the LeaseWorks way, sums up Vazhayil.

LeaseWorks Software Streamlines Airborne Capital’s Aircraft Portfolio Management

Retrieved on: 
Tuesday, March 8, 2022

LeaseWorks, a leading provider of cloud-based solutions and services to the aviation industry, announced during the ISTAT Americas conference that Airborne Capital Limited (Airborne), a specialist aircraft lease and asset manager, deployed the companys Aeris Asset management software to streamline the Irish lessors aircraft portfolio management.

Key Points: 
  • LeaseWorks, a leading provider of cloud-based solutions and services to the aviation industry, announced during the ISTAT Americas conference that Airborne Capital Limited (Airborne), a specialist aircraft lease and asset manager, deployed the companys Aeris Asset management software to streamline the Irish lessors aircraft portfolio management.
  • Prior to implementing Aeris Asset, Airborne was accustomed to managing its aircraft portfolio using several systems to share and monitor critical asset information.
  • Donna Marie ONeill, Head of Operations at Airborne, scoured the market for off-the-shelf solutions with an adaptable framework that would accommodate the businesss rapid growth.
  • She found that no all-in-one software could meet all of Airbornes requirements like the LeaseWorks Aeris Asset platform.

LeaseWorks Launches Aeris Portal to Enhance Digital Collaboration between Lessors and Airlines

Retrieved on: 
Thursday, August 5, 2021

Our vision for the new portal is to provide lessors and airlines with shared access to real-time fleet data and planning tools to improve information flow and make collaboration easier.

Key Points: 
  • Our vision for the new portal is to provide lessors and airlines with shared access to real-time fleet data and planning tools to improve information flow and make collaboration easier.
  • Core to Aeris Portal is the capability to make it easier for lessors to bring commercial, contracts, and technical teams together to deliver a unified digital experience for airline customers.
  • The portal features that are essential to ensuring high-performing collaboration include:
    Fleet Planning: Airlines search for and express interest in the desired asset(s).
  • LeaseWorks provides cloud-based products and services to the aviation leasing community, with solutions for both lessors and airlines.