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 or ECC

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.

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

Developed by FIT Global

OEM
INTEGRATIONS

FIT-Lease Solution

LEASING
INTEGRATIONS

LEASING
CORE PROCESSES

LEASING
SPECIFIC SCENARIOS

SAP DIGITAL CORE

CUSTOMER
INTERACTIONS

Leasing Core Processes

CHECK AVAILABILITY

FIT-Lease provides

CHECK PRICING

FIT-Lease provides

CREATE QUOTE

FIT-Lease provides

CHECK PRICING

FIT-Lease provides

CHECK LEASE PACKAGES

FIT-Lease provides

CHECK INFORMATION

FIT-Lease provides

GENERATE CONTRACT

FIT-Lease provides

SPECIAL LEASE OPTIONS

FIT-Lease provides

INFUSE PLANNING / CHECK-OUT

FIT-Lease provides

STRENGTHEN DELIVERY

FIT-Lease provides

SUPPORT OPERATION

FIT-Lease provides

EXPAND WITH IOT

FIT-Lease provides

(MONTHLY) BILLING

FIT-Lease provides

LEASE/REVENUE/ASSET ACCOUNTING

FIT-Lease provides

SUPPORT RETURNS

FIT-Lease provides

FINAL BILLING

FIT-Lease provides

Leasing Specific Scenarios

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
End to end capture equipment installation and dismantling history with inventory/stock movements.
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
Benefits
Situation

Lease Customer(Lessee or Lessor) sends intent for amendment contract.

FIT-Lease Solution

Creating new amendment contract for the following lease amendments:

Benefits
Situation
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:

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
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
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

Company Benefits

CEO

HR

Sales

Finance

IT

Operations

Service

Logistics

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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