Leasing Module

The A.D.S. Leasing Module enables the management of all required leasing process. This module is fully integrated with the other Automotive Dealership Solution modules.

A.D.S. Leasing Module provides the user with the ability to manage and track vehicle leasing contracts, receive alerts regarding the owned vehicle fleet and process the billing to the customer.

Contract Management
The central object of a lease is the contract. It is a serial numbered document, with a status, enabling the leasing manager to log and track all events regarding the contract, e.g. details regarding contract start date, insurance expiry date, traffic tickets, special billing events, etc.
Each contract includes the detailed benefits that the customer is entitled to such as, free service, spare parts, etc.
All hardcopy documentation can be scanned and attached as files to the contract for future inspection and for data completeness.

In order to create customer invoices, all billable events are tracked and monitored in the contract as they occur. The billing process creates A/R invoices to the customer according to a set of user-defined parameters.

Travel Distance Limit and Car Pools
One of the many challenges of any leasing company is managing the distance limit on each leased vehicle.
Each contract defines a specific annual Mileage limit. Any mile (or KM) traveled that exceeds this limit is charged by a specific fee.

A common practice is to offer a customer with multiple contracts a car pool calculation. That way, the distance limit is not measured for each individual vehicle but is rather set for the group of vehicles.

The A.D.S leasing module enables the user to define multiple car pools and a set of parameters for the limit calculation such as a bonus percentage, a minimum limit and a maximum limit.
All are used as part of the calculation formula and the result is a relative calculation for each vehicle in the pool. Billing is then calculated accordingly.

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