With the comprehensive functions of the Contract Management solution, financial service providers can handle their contract management and accounting for the available business types, such as sales financing for loans and leasing, purchase financing or factoring. The fully automated processes ensure that all standardized, recurring contract management and accounting processes are carried out without manual intervention and can therefore be processed significantly faster and error-free.

Individual charts of accounts and functionalities for the automated posting of all contract-related income and expenses, receipts and payments as well as deposits and disbursements guarantee complete contract accounting. The automated processing of incoming and outgoing payment transactions and receivables management round off the range of services.

External systems for accounting, reporting and payment transactions are integrated via standardized interfaces. All necessary contract accounting information is transferred to the financial accounting and cost accounting of the general ledger and, if required, to Group accounting. Asset accounting is provided or integrated for the leasing area.

• For all user groups
  Specialized modules for the respective user groups, such as bank employees or employees at the point of sale;

• Standardized business transactions
  Standardized business transactions for transaction types, such as sales financing for credit and leasing or purchase financing;

• Automated support for core processes
  Support for contract initiation, i.e. activation/validation for disbursement and automatic installment collection or termination if the contract is not concluded;

• Simple realization of financial and non-financial changes
  High usability in contract processing, e.g. for changes to the object or product, extensions and contract entry of another lessee in leasing or for extensions or special repayments in purchase financing;

• Simple contract terminations
  Simple execution of regular or early contract terminations, such as revocation or withdrawal in sales financing;

• Automations and posting templates
  Automations generated by business transactions that execute functions on the respective due date and make postings in contract accounting;

• Manual posting processes
  Manual posting of special transactions on the basis of predefined posting templates, including pre-assignment and plausibility checks;

• Posting journal
  Records all postings and automatic processes in the journal: chronologically by value date/posting date and period as well as factually by e.g. area, client, document number, document item, document text, amount, G/L, person and contract account;

• Intuitive search
  Convenient, targeted search of data by entering search criteria and selecting sorting criteria and search filters;

• Flexibly definable company codes and chart of accounts
  Company code-specific creation and maintenance of the required chart of accounts, definition of limits and balances as well as personal or contract-related payment transaction accounts;

• Automated clearing and CPD processing
  Automated clearing of receivables as part of integrated receivables management and manual clearing for unrecognized items;

• Integrated dunning process
  Integrated, standardized dunning process with dunning history and overview of current arrears at the various dunning levels;

• Automated payment transactions
  Special posting functions for fully automated payment transactions with interfaces to payment transaction systems in order to execute payments in interbank transactions;

• Synchronization with general ledger
  Transmission of contract accounting postings enriched with additional information (at least daily) to the general ledger via standardized interfaces and ensuring correct transmission via reconciliation functions;

• Connection to reporting
  Provision of information for reporting and controlling via standardized interfaces;