Business & Corporate Enterprise Service

Perform the full credit agreement (facility) cancellation

Deletes a new offer for the required facility contract when at least the mandatory input is provided. Facility offer is a draft contract, which allow the user to delete the contract online and facility offer contract will not affect the balance sheet of the bank.

Cancellation of offer drawdown for the required customer.

Retrieves the payoff details of a loan

Creates assets that fall under classification of vehicles

Creates assets that fall under classification of equipments

Creates assets that fall under classification of land & buildings

Creates assets that fall under classification of specialised assets.

Registers the tangible asset into the system by capturing the basic details like asset class, asset type, cost details, depreciation details.

Creation of hire purchase agreement for the customer with terms & conditions.

Creation of lease agreement for the customer with terms & conditions.

Creation of chattel mortgage agreement for the customer with terms & conditions.

Captures and accepts new insurance for an asset, specifying details such as the insurer, coverage amount, policy number, and coverage period.

Captures and accepts details based on the the outcome of an inspection, including data such as the inspector, inspection date, status, and any comments about the assets condition.

Captures and accepts details when an asset has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.

Captures and accepts details when a vehicle has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.

Activation of an asset finance agreement. This action marks that the asset is delivered to the lessee and the contract terms are initiated.