August 18, 2021
CHALLENGE
A global aircraft lessor wanted to automate the calculation of overdue interest payment details to include on monthly operating lease and maintenance reserves invoices using Leasepoint®.
Zeevo professionals worked with the lessor to create a master list of overdue terms and remediate the applicable payment schedules and invoice templates in Leasepoint.
APPROACH
- The different overdue interest terms are manually sourced from the fleet lease agreement documents and created a master list of the required overdue interest terms
- The required overdue terms setup in Leasepoint
- Remediated the exiting payment schedule data in Leasepoint and added the overdue terms for each applicable operating lease and maintenance reserves payment schedules
- Invoice templates modified to include the required overdue interest details
OUTCOME
- The required overdue interest master data setup in Leasepoint and available to use on all applicable payment schedules
- The correct overdue interest calculations included for all applicable operating lease and maintenance reserves invoices
ZEEVO’S VALUE ADD
- In-depth knowledge of Leasepoint, including the underlying data model
- Skillsets and experience required to source the overdue interest terms from the available lease agreement documentation and setup in Leasepoint
DOWNLOAD CLIENT CASE STUDY (.pdf)
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- Maintaining Accurate Utilization and Technical Data for Aircraft Components
- Sourcing, Inputting, and Validating Technical and Contractual Data in Leasepoint
LET’S TALK
John McCartney
Phone: +1 760 933 8607
jmccartney@zeevogroup.com