
Gain full control of your equipment leasing by optimizing your
end-to-end processes
With FIT-Lease you can cover
all leasing scenarios for movable assets
Equipment Leasing Software fully embedded in SAP S/4HANA
Equipment management companies prefer to provide all equipment options: sale, rent and lease. Where rental options often solve short-term needs, leasing gives business owners the opportunity to use the best equipment without any upfront investments for a longer period. But how to cover all leasing scenarios in your IT landscape? And how to create 360˚financial and operational insight?
FIT-Lease is the ultimate answer to provide a great customer and operator experience.
FIT-Lease: SAP Leasing End-to-End Solution
With FIT-Lease, a core solution within the FIT Global Dynamic Equipment Management portfolio, you boost profitability and create a strong competitive advantage.
- Fully integrated end-to-end processes
- Comprehensive digital core within SAP S/4HANA
- Available On-Premise or in the Cloud (SaaS)
- User-friendly interface with SAP Fiori
- Accelerated approach for short-time implementation
- Centralized master data concept

FIT-Lease: Comprehensive end-to-end lease management software for movable assets
Developed by FIT Global

OEM
INTEGRATIONS
- Equipment Configuration Data
- Equipment & Parts Orders
- Service Letters
- Service Warranty Claims
- Call Back Activities
FIT-Lease Solution
LEASING
INTEGRATIONS
- FLEET MANAGEMENT
- PROCUREMENT
- SALES
- SERVICE MANAGEMENT
- PARTS MANAGEMENT
- FINANCE & CONTROL
- FIXED ASSET MANAGEMENT
- LEASE ACCOUNTING
- REVENUE RECOGNITION
LEASING
CORE PROCESSES
- REQUEST
- QUOTATION
- CONTRACT
- CHECK-OUT
- DELIVERY
- MONTHLY CYCLE BILLING
- RETURN
- CHECK-IN
- FINAL BILLING
LEASING
SPECIFIC SCENARIOS
- INSTALL/DEINSTALL
- TRADE-IN
- LEASE AMENDMENT
- LEASE CANCELLATION & TERMINATION
- LPO (FMV, 1$, etc.)
- RE-LEASE (LEASE IN-OUT)
- LEASE PACKAGES
- PAY PER USE
SAP DIGITAL CORE
- Asset Management
- Finance
- Sales
- Services
- Manufacturing
- R&D and Engineering
- Sourcing & Procurement
- Supply Chain
CUSTOMER
INTERACTIONS
- Availability
- Pricing
- Quotations
- Contracts
- Amendments
- Services
- Returns
- Invoices
- Payments
Leasing Core Processes
- REQUEST
- QUOTATION
- CONTRACT/AMENDMENT
- CHECK-OUT/DELIVERY
- OPERATION
- MONTHLY BILLING/POSTINGS
- RETURN/CHECK-IN
- FINAL BILLING
CHECK AVAILABILITY
FIT-Lease provides
- Existing or ‘one time’ customer definition
- Real-time insight
- Lease installment
- available equipment
- equipment / asset status
- location information
- alternative assets
CHECK PRICING
FIT-Lease provides
- Automated ‘lease package’ options
- attachments
- services
- consumables
CREATE QUOTE
FIT-Lease provides
- Replication of info from the request
- Existing or ‘one time’ customer definition
- Full equipment/asset status, location, and leasing type and pricing insight
- Lease package(s) definition
- Streamlined, guided quoting process
- Automated credit limit check & validation
- Equipment category-based quoting
CHECK PRICING
FIT-Lease provides
- Various standard pricing options
- Classification
- Best lease calculator
- Customer / contract based
- Equipment hierarchy based
- Campaign discount
- Lease packages/kits
- Lease type
- Time-flexible (financial/operational/bridge/ duration)
CHECK LEASE PACKAGES
FIT-Lease provides
- Automated ‘lease package’ options
- Attachments
- Services
- Consumables
CHECK INFORMATION
FIT-Lease provides
- Replication of info from the request / quotation
- Availability & location check of equipment / assets
- Credit checks based upon business rules
- Hard reservation
GENERATE CONTRACT
FIT-Lease provides
- Permission rules for approval steps
- Calculation of insurance charge/fee
- Generation of cycle billing/installments
- Definition of delivery, return request
- Maximize lease usage hours
- Various levels of discount, campaign management
SPECIAL LEASE OPTIONS
FIT-Lease provides
- Trade-In
- Contract amendment
- Contract cancellation
- Contract termination
- Lease purchase option (FMV, 1$)
- Lease packages
INFUSE PLANNING / CHECK-OUT
FIT-Lease provides
- Equipment preparation checklist
- Automated triggers for planning of equipment delivery
- Google Maps integration to support planning
- Advanced graphical planning board
STRENGTHEN DELIVERY
FIT-Lease provides
- Automated equipment status updates
- In-transit process monitoring
- Option: live tracking via IOT integration
- Installation
SUPPORT OPERATION
FIT-Lease provides
- Planned maintenance execution
- Unplanned maintenance execution
- Equipment change process (SWAP)
- Automated lease cycle invoices
EXPAND WITH IOT
FIT-Lease provides
- Automated meter reading
- offers usage-based invoicing
- Automated failure notification
- triggers maintenance activities
- Remote assistance
- ensures proper utilization of equipment
- Connected/Telematics
- ensures track & trace
(MONTHLY) BILLING
FIT-Lease provides
- One-time Postings
- Post revenue clearing (lump sum)
- Posting payable tax
- Trade-In
- Post tax receivable of trade In
- Calculate used value
- Post inventory
- Monthly Billing
- Bill customer with tax amount
- Create bill and send invoice
- Post periodic tax payable
LEASE/REVENUE/ASSET ACCOUNTING
FIT-Lease provides
- Lease Accounting
- Allocate equipment & service revenue
- Post revenue / rev. clearing (equipment, service, lump sum)
- Revenue Recognition
- Monthly IFRS 15 /ASC 606 adjustments
- Asset Accounting
- Monthly depreciations
SUPPORT RETURNS
FIT-Lease provides
- Partial or full return of equipment option
- Model & checklist-based equipment inspection
- Trade-In assessment and logistics
- Receipt and post valuated used Inventory
- Install & de-install features
- Refurbish the equipment
FINAL BILLING
FIT-Lease provides
- Flexible billing process
- Additional charges
- Late returns
- Customer damages
- Over-usage
- Rebates
- Vouchers
- Billing buyout lease (purchase option)
- Create & send invoice
- Posting revenue & tax
Leasing Specific Scenarios
- INSTALL/DEINSTALL
- TRADE-IN
- LEASE AMENDMENT
- LEASE CANCELLATION
- LPO
- RE-LEASE
- LEASE PACKAGES
- PAY PER USE
Situation
Lease Customer (Lessee or Lessor) wants to lease new equipment with a bundle or separate components that trigger complicated logistics scenarios such as transfer components, installation, dismantling and swapping.
FIT-Lease Solution
Create bundle of equipment (with components) inside the lease contract creation.
Integrate with existing service system, proceed the bundle of main system and components installation and dismantling processes.
Make good receipt (GR) and goods issue (GI) based inventory asset movements after installation and dismantling.
Benefits
Situation
Trade-in process refers the lessee had one older version of the equipment and the previous lease contract had finished before. Therefore, title transfer is on the lessee. Lessor signs a new lease contract with trade in to make a discount to lessee providing old system to return.
FIT-Lease Solution
- Create new contract with trade-in item
- Option to choose sold Lessor Equipment or sold other brand equipment
- Automated create return order
- Option to lease used equipment:
- Refurbished
- Scrap
- Classify inventory as demo/loan
Benefits
- Systems return will be managed and tracked based on the return orders for trade-in item
- E2E Document flow history of trade-in equipment
Situation
Lease Customer(Lessee or Lessor) sends intent for amendment contract.
FIT-Lease Solution
Creating new amendment contract for the following lease amendments:
- Lease renewal
- Lease modification
- Lease conversion
- Buyout
Benefits
- Calculation amortization schedule
- Simplify termination old contract
- Traceability of equipment status & asset
- Document flow history of old contract and new lease amendment contract
Situation
- Lease Termination means that terminate the lease based on lease end date because customer does not renew or extend it. It leads a either a equipment return or a title transfer ($1 Purchase Option)
- Lease Cancellation means that terminate the active contract. This include customer’s default. Lessee cancel of lease mid-term or per terms for special conditions.
FIT-Lease Solution
Creating new amendment contract for the following lease amendments:
Enable create return order reference with main lease contract. Furthermore, after termination and cancellation, de-installation of the equipment and dispose of the asset (for operational lease) and of amortization schedule dates and values are updated automatically.
Benefits
Systems return will be managed and tracked based on the Return Orders and embedded E2E termination & cancellation process
Situation
Lessee wants to buy equipment which he currently has in lease.
Types of LPO:
- Rental/lease buyout
- Bridge buyout
- 1 $ Purchase option
- FMV Purchase option
FIT-Lease Solution
LPO process cancels existing lease contract (remaining billing items) and creates LPO ‘sales order’ with reference to lease contract and LPO Sales Delivery automatically.
Benefits
Lessee have an option if there is an agreement with lessor during the lease period that can buy the leased equipment whenever lessee requested.
Situation
Lease company wants to lease out some equipment but not have in own stock so that rent a piece of equipment from a competitor or supplier only valid for operational lease circumstances.
FIT-Lease Solution
The re-lease process allocates these services and cost easily to the project or vendor-based contract.
Benefits
- Provide additional services
- Fast reaction enablement to the lessor
- Ensure proper equipment usage
- Get cost insights by procurement
- Simplify internal administration process
Situation
You want to show possible extensions or sell Leasing packages / kits.
FIT-Lease Solution
The attachment handling process proactively positions attachments, consumables, bulk materials and services to customers.
Benefits
- Create cross- and upsell opportunities
- Simplify internal administration process
Situation
The leasing of an equipment to use and only pay as per usage is a different example of lease model. The lessee would have to pay only as per the miles, kilometers or working hours usage of equipment. The maintenance and supply of inputs for the equipment would be the onus of the lessor.
FIT-Lease Solution
FIT Lease Solution enables to create pay per use lease contract and invoicing to the lessee.
Benefits
- Embedded pay per use lease contract and billing integration
- Tracking invoices and reporting the usage of lease hours
- Pay-per-use within a rental plus service agreement
- Pay-per-minute of usage
- Subscription-based pricing
Company Benefits

CEO
- Improve profitability
- Boost customer satisfaction
- Realize fast ROI
- Beat the competition
HR
- Empower the workforce
- Infuse collaboration
- Simplify onboarding
- Increase employee satisfaction
Sales
- Promote leasing packages & alternatives
- Offer flexible pricing, pay per use
- Get full customer insights
- Increase customer experience
Finance
- Get full finance integration
- Improve financial controls
- Run equipment P&L reports
- Embed asset accounting
IT
- Run integrated SAP solution
- Realize lower TCO
- Drive continuous innovations
- Leverage integration capabilities
Operations
- Simplify leasing core processes
- Handle LPO, SWAP scenarios
- Benefit from easy interface
- Use best-rate calculator
Service
- Run preventative maintenance
- Simplify parts & equipment orders
- Automatically schedule technicians
- Reduce service & scrap cost
Logistics
- Use graphical planning board
- Embrace automated planning
- Minimize cost of stock-outs
- Reduce inventory levels
Customer Benefits
Flexibility
in pricing & billing
Smart
lease package /bundle options
Guided
process
Faster
response times
Automated
maintenance
Easy
trade-in process
Simplified
contract amendments
Several
LPO options
Mobile
experience
Better
customer service
Download Solution Overview
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