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Preview on FuelPlus EFM 4.2

In Q3/2008, FuelPlus 4.2 will be delivered. This new release will not only include several enhancements on current functionalities, but also will introduce two new optional modules.

FuelPlus 4.2 includes new functionality in contract handling and managing Value Added Tax (VAT). To improve contract handling, a user will be able to utilize several new contract types when representing a fuel supply scenario:

  • Currently, a Product IPL contract can only cover either the purchase of fuel or the purchase of fuel and the related services. To simplify the contract management, the new release will implement the type "Ex-hydrant", which can be used for contracts covering both the product delivery and the fueling service.
  • Additional types of into plane service contracts will be available. For example, a user will be able to set up contracts that cover the payment of hydrant fees.

The handling of VAT will be significantly enhanced in FuelPlus 4.2. The new release will allow for defining VAT settings per contract. These settings include the indication of whether VAT is applicable or not and the definition if VAT is applied on domestic, international, or all flights. In addition, FuelPlus 4.2 will provide the option to overrule these settings on a contract price component basis. These new features will enable the handling of complex VAT rules, such as "VAT is applicable for domestic flights on product but not on differential or transport", which is in place in several Latin American countries.

In addition to these enhancements, two new modules will be available for optional licensing:

  • The Tender module supports a user in preparing and negotiating tenders by providing dialogs to create tenders based on volume forecast plans, capture and normalize bids, and create contracts based on awarded bids.
  • The Prepayment module helps users handle situations in which the airline has to prepay for the fuel to be used in the next time period. This module covers the accurate calculation of the prepaid amounts, as well as a detailed control and audit of approvals.

Both modules are designed to run with FuelPlus EFM and FuelPlus Core.

(published on 05/06/08)

 

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