Irish digital services company TEKenable is creating 20 new jobs in its Aviation Division with the launch of its specialist system for aviation lessors – TEKaviation. The customised application is designed to enhance its existing offerings in the aviation leasing space.
The new jobs will be created over the next four years and will include sales, development, support, marketing and management roles.
TEKaviation is a specialist system for aviation lessors. It enables aviation lessors to transform their business by moving off legacy systems that stunt growth and competitiveness. The solution has been designed by experts from the leasing industry and enables users to speak the language of lessors, whether that’s transaction bibles, deal tombstones, net spread or quiet enjoyment.
“TEKaviation is the start of a business transformation specifically for aircraft lessors which will streamline the decision-making process across origination, contracts and finance, explains Padraig McCarthy, Group Commercial Officer at TEKenable. “It’s human led, AI assisted decision-making and will evolve with business needs.”
The scalable platform seamlessly integrates with existing systems. The contracts module ensures leasing agreements are organised, accurate, and compliant with automated compliance checks and real-time updates, minimising errors and legal risks. The finance module meets global financial demands, offering statutory and management reporting for complex structures and detailed financial data down to the MSN level. It includes accounts payable, accounts receivable, cash management, fixed assets, and general ledger modules. Deal management is streamlined with TEKaviation’s deal and CRM manager, which automates tasks, enhances collaboration, and improves efficiency throughout all deal phases. It also integrates seamlessly with other modules and Microsoft Office products.
“TEKaviation allows users to gain clear visibility into their lessee’s obligations, enabling proactive management and smarter decision-making throughout each lease’s lifecycle.” concludes Padraig.