Case Study: the AA cuts month-end lease accounting from days to hours with FMIS Leasing Software

The AA uses FMIS Leasing software

AA used FMIS Leasing software to help manage its operational fleet leases. The AA needed a way to forecast, calculate, and track monthly lease activity across a diverse fleet with a complex VAT structure, while also reducing the time needed to prepare month-end accounts for fleet adjustments, additions, and periodic forecasts.

FMIS implemented a flexible leasing solution that could handle changing tax rules, maintenance provisions, multiple invoices, lease extensions, and fixed-rate finance charges, while also providing tailored dashboards for finance and operations teams. FMIS cut the month-end process from several days to just a matter of hours, and continues to support the AA with enhancements and compliance updates.

AA

Brian Burkett

Head of Finance