New Management Software Improves Owner-Manager Financial Communications
Fort Lauderdale, FL (Law Firm Newswire) July 19, 2011 – Aero Management Solutions, LLC (AMSL) AirLedger.com, a company focused on developing digital solutions to improve the aircraft ownership experience and enhance owner-manager relations, announced the release of Air Ledger version 1.0, a new proprietary web-based program that enables owners to review aircraft-related expense data in real time, on June 7. Air Ledger facilitates secure financial transparency and communication between aircraft owners and their aviation managers. Because it is “cloud-based,” owners and managers can review expense data and submit invoices via the Internet without special software.
Air Ledger gives aircraft owners the ability to easily configure financial reports that meet their individual needs, while at the same time minimizing the risk of paper invoices and receipts getting lost. Air Ledger is scalable, and serves operations of all sizes, from owner-operators to in-house multi-aircraft flight departments and management companies.
“Turbine aircraft flight operations run with seven and eight-figure annual budgets,” said David Linnemeier, a veteran flight department manager with more than 30 years of experience managing large business aircraft. “Owners trust us to safely operate their aircraft and to carefully manage costs. No question, Air Ledger will help facilitate better communications between owners and managers,” he said.
“Our years of client experience have demonstrated that frequent communications and availability of real-time aircraft financial information minimizes unpleasant surprises and makes for better relationships between aircraft owners and those responsible for day-to-day aircraft operations,” said AMSL co-founder and experienced aviation attorney Stewart Lapayowker. “Owners want to stay informed and managers want to provide them with the information that they need to make decisions.”
“Aviation managers have historically bundled paper invoices and expense receipts and sent them to the home office for processing, without knowing if and when they are reviewed, processed or paid,” said Ramon Rodriguez, CPA and co-founder of AMSL. “Now, not only will transmittal of such information be timely, but managers will see instantly when the information has been reviewed by their owner’s representative. An additional benefit is that, with the uploading of scanned information, paper is minimized, and time spent by an owner’s accounting personnel is reduced.”
Air Ledger is available at www.AirLedger.com for a monthly subscription of $199.99 per aircraft, and includes a 30-day free trial. Aero Management Solutions, LLC develops digital solutions to improve the aircraft ownership experience and enhance owner-manager relations. The company was founded by an aviation attorney and a certified public accountant with more than 60 years of combined practical experience in business aviation legal and accounting matters.
Based in Fort Lauderdale, Fla., the law firm of Stewart H. Lapayowker, P.A. focuses its practice on private and corporate aviation transactions worldwide, including throughout the United States, South America, the European Union, Asia and the Middle East. The firm regularly assists clients with a variety of issues related to aviation, including the sale, purchase, regulatory analyses, financing and management of corporate aircraft. For more information or to contact an aviation attorney, visit http://www.businessaviationcounsel.com/.
Stewart H. Lapayowker, P.A.
5360 N.W. 20th Terrace
Ft. Lauderdale, Florida 33309
Banyan Terminal at Ft. Lauderdale Executive Airport