Legstate Limited

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LegState Limited specializes in providing comprehensive solutions for airlines to manage Direct Operational Costs efficiently. Their flagship products, TripRecord and smartDOC, are designed to streamline the capture, processing, and verification of operational expenses, integrating seamlessly with SAP S/4HANA® to enhance financial operations within the aviation industry. Key Features and Functionality: - TripRecord: Acts as a central repository for all trip-related data, offering a Single Source of Truth for applications and processes. It introduces a unified API for operational systems, simplifying integration efforts and reducing complexity. - smartDOC: Automates the capture of real-time operational data, enabling airlines to incur direct operational costs at the source. It supports the creation of flight-operations-related data, associated costs, accruals, and invoice processing, all seamlessly connected to TripRecord. Primary Value and Problem Solved: LegState's solutions address the challenges airlines face in managing direct operational costs by providing: - Simplified Integration: By offering a unified API and central data repository, TripRecord reduces the effort required to integrate various operational systems. - Automated Cost Management: smartDOC enables automatic triggering of purchasing activities for flights, supporting the creation and processing of operational data and associated costs, thereby reducing manual workload and potential errors. - Enhanced Financial Control: The solutions provide airlines with control and visibility over their expenditures, ensuring invoice accuracy and preventing overcharging from service providers. By leveraging these tools, airlines can achieve greater efficiency, accuracy, and transparency in managing their direct operational costs, leading to improved financial performance and operational effectiveness.