SAN DIEGO–(BUSINESS WIRE)–LeaseWorks®, a leading provider of cloud-based solutions and services for the aviation industry, announced at the ISTAT Americas conference that Airborne Capital Limited (“Airborne”), an aircraft leasing specialist aircraft and asset manager, has deployed the company’s Aeris Asset™ management software to streamline the management of the Irish lessor’s aircraft portfolio.
Prior to implementing Aeris Asset, Airborne used to manage its aircraft portfolio using multiple systems to share and monitor critical asset information. As the company grew to now have 58 aircraft in its portfolio, it needed a system that would automate the technical, contractual and financial asset management processes to enable the commercial team to take better decisions in a timely and efficient manner.
Donna Marie O’Neill, Operations Manager at Airborne, scoured the market for out-of-the-box solutions with an adaptable framework that would accommodate the company’s rapid growth. She found that no all-in-one software could meet all of Airborne’s requirements like the LeaseWorks Aeris Asset platform.
“While managing client portfolios via spreadsheets is a temporarily feasible solution, manual processes have limitations and hinder a platform’s scaling potential,” says O’Neill. “Aeris Asset from LeaseWorks gave us the right combination of easy user experience, cloud and mobile accessibility, and robust reporting dashboards we needed to manage our growing fleet.”
Aeris Asset by LeaseWorks enabled Airborne to:
Easily access asset and lease information for information transparency;
Automate reporting for decision making;
Reduce the risk of errors;
Ensure that operational transactions such as rent and maintenance reserve collection and claims are completed in a timely and accurate manner; and
Streamline portfolio management by replacing spreadsheets and manual processes.
Highlighting the importance of standardizing processes around data entry, Archana Sukumar, Customer Success Manager at LeaseWorks, and her implementation team worked closely with Airborne to meticulously gather and document processes, customizing the configuration of the system to meet the stringent requirements of the lessor.
“The implementation process was efficient and the support from the LeaseWorks team was best in class,” adds O’Neill. “We now have the ability to automate our invoicing and generate on-demand management reports without manual processes.”
Leveraging the flexibility of the Aeris Asset platform, Airborne has streamlined its business operations by implementing an approval process among third-party service providers using the system and setting up important notifications. Additionally, using easy-to-configure profile-level restrictions, the lessor is now able to share information with external users and investors, providing greater transparency and accountability to the lessor’s financial investors.
“We continue to strengthen our partnership with Airborne through continued collaboration and adaptation of our various products and solutions to meet their ever-changing needs,” summarizes Haseem Vazhayil, CEO of LeaseWorks.
Read the customer case study on www.lease-works.com.
LeaseWorks® provides cloud-based products and services to the aircraft leasing community, with solutions for lessors and airlines. Aeris MATCH™ helps lessors deploy their aircraft assets faster and more efficiently to airlines around the world. Aeris ASSET™ enables lessors and airlines to manage the intricate details of aviation leases. These are the first two in a suite of products that will provide a complete lifecycle portal for managing leased aeronautical assets. www.lease-works.com
About Airborne Capital
Airborne Capital Limited (“Airborne”) is an aircraft leasing specialist and asset manager. Airborne is the bridge between investors seeking tailored aviation investment options and issuers requiring aviation financing through differentiated capital solutions. The Ireland-based lessor operates through offices in Dublin, Shannon, London and Tokyo. http://airborne.capital