• DE
  • EN

    • Equipment Back Office

    Efficient processes thanks to a high degree of automation

    The Equipment Back Office solution offers comprehensive contract management and accounting functions for all business transactions that may occur over time in the context of sales financing. Depending on the customer constellation and form of financing, asset accounting (for leasing transactions) and financial accounting can also be realized within this framework - as an alternative to transfer to an existing general ledger.

    Key features of Equipment Back Office

    Comprehensive contract management and accounting functions for all business transactions that may occur in the context of sales financing

    • Fully automated processes for all standardized processes via business transaction templates
      Fully automated processes initiated via business transactions ensure that all standardized, recurring contract management and accounting processes, from activation to regular or premature termination, are carried out without manual intervention and can therefore be processed significantly faster and error-free.
    • Dedicated process for contract changes (financial, non-financial)
      Changes during the contract term, such as extensions or reductions, removal or termination of services, deferral or transfer to another customer, can be easily initiated and checked. An abbreviated decision policy automatically checks whether the contract amendment can be approved.
    • Cancellation option for changes or business transactions already carried out
      Every business transaction carried out in the system can be canceled or reversed. The system automatically decides how the initial situation can be restored, depending on any subsequent processing that has already been carried out.
    • Integrated dunning system with configurable multi-level dunning processes
      The solution contains an integrated, standardized dunning system with dunning history and an overview of the current arrears at the various dunning levels.
    • Individual charts of accounts and automated posting
      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 ensure complete contract accounting.
    • Automation of payment transactions
      The solution enables the automated processing of incoming and outgoing payment transactions and receivables management.

    Further key features of Equipment Back Office

    Simple connection to external systems

    • Standard integrations to general ledger or group accounting systems
      All necessary contract accounting information is transferred to the financial accounting and cost accounting of the general ledger and, if desired, to group accounting. Interfaces to various existing systems on the market are available for this purpose.

    • Automated KYC monitoring of all business partners involved in the contract
      The solution ensures that all partners involved in the transaction are also GWG-compliant during the term of the contract. To this end, subsequent notifications are processed regularly and the entire inventory is screened.

    • Interfaces for accounting, reporting and payment transactions
      External systems for accounting, reporting and payment transactions are integrated via standardized interfaces. This enables fully automated payment transactions and, among other things, the transfer of contract accounting postings enriched with additional information (at least daily) to the general ledger or the provision of information for reporting and controlling.

    • Asset accounting for the leasing area
      Asset accounting is provided or integrated for the leasing area.

    Benefits

    Consistent system

    The CMS covers the entire life cycle from the preparation of the offer to the termination of the contract in one integrated system.

    Freely selectable components

    The modular structure gives our customers the freedom to implement the complete solution or only selected modules.

    Multi-channel sales

    The system unleashes the full potential of all sales channels: be it lending in the branch, in the call center, with the intermediary, in the sales force (B2B) or in direct lending to consumers (B2C) via the company's own website, financial portals or web stores.

    Any financial products for all property groups

    The CMS enables private and commercial sales financing via all financing products (credit, leasing) for any object group (vehicle, small ticket, equipment, cash credit, etc.).

    Individual risk strategy

    The CMS makes lending decisions according to the criteria and rules individually defined by the financial services provider. This ensures compliance with standardized and centralized lending guidelines and regulatory requirements at all times.

    Philipp Oberleitner
    CEO

    Enrico Moritz
    Head of Strategy & Innovation Management CMS

    Bernardo Almenar
    Head of Account Management
    + 49 89 78 000-200
    Philipp Oberleitner
    Philipp Oberleitner
    CEO

    Enrico Moritz
    Enrico Moritz
    Head of Strategy & Innovation Management CMS

    Bernardo Almenar
    Bernardo Almenar
    Head of Account Management
    + 49 89 78 000-200
    I agree, revocable at any time, that my data will be stored by NAVAX Software GmbH and used to inform me about products, services or other activities.
    NAVAX Software GmbH will never sell, market or pass on personal information to third parties.
    Whitepaper

    Equipment Finance: investment financing at the next level with a state-of-the-art end-to-end IT solution

    Investment financing is a cornerstone of competitiveness for manufacturers in many industries. With Equipment Finance from NAVAX, you can fully digitize all financing processes - for goods of any kind. The solution paves the way to sales financing - as an end-to-end solution that can be integrated into your existing IT landscape or via modular business services, depending on your needs.

    Read this white paper to find out how you can benefit from this.

    To the whitepaper
    Case Study

    Maximum flexibility for Honda Bank

    End customers want quick credit decisions. With the Intelligent Decision Automation solution, Honda Bank has implemented a flexible framework for processing all risk-based decisions in order to be able to react faster and more effectively to changing customer and regulatory requirements in the future.

    Find out how Honda Bank benefits from the solution in this case study.

    To the case study
    Case Study

    TARGOBANK Autobank creates process efficiency with TABEA 2.0

    Since its market launch in 2015, TARGOBANK Autobank has quickly established itself as a highly competitive automotive bank in a highly competitive market. Since then, it has used the CMS Credit Management System to manage sales and purchase financing processes in a fully integrated, web-based and modular system - end-to-end. Changes in customer behavior and increasing demands on user experience also mean that the systems in use in sales and purchase financing have to be constantly adapted. A modernization of the solution was also on the agenda at TARGOBANK Autobank.

    Read the case study.

    To the case study
    Case Study

    New savings bank solution for modern sales financing

    As regional market leaders, savings banks must constantly defend their share of the consumer credit business. For Ostsächsische Sparkasse Dresden 's business, it was important to be able to respond more quickly to requests and process them smoothly - with seamless processes for all parties involved and many years of experience in integrating OSPlus into the existing IT landscape. Together with NAVAX, it has created an innovative solution for sales financing at the point of sale that gives it a clear market advantage locally and generates attractive revenues. The application is also available to other savings banks as an out-of-the-box solution.

    Read this informative field report.

    To the case study
    Solution Paper

    Expert know-how for future-proof solutions

    Together with experienced consultants from NAVAX, you can ensure that your strategies and processes are geared towards future challenges. We not only deliver position papers, but also support you in the identification, direction finding and concretization of the fields of action as well as their implementation.

    You can find more information on the process, methods and benefits of our consulting services in this solution paper.

    To the solution paper
    Case Study

    Success story of abcfinance GmbH: Successful with HENRI

    Our solution: HENRI for Leasing.

    • Time and cost savings through a fully integrated solution,
    • Web portal for the integration of partners and brokers,
    • Use of a single software for all core leasing processes.

    Read about the challenges faced by abcfinance, the solution and the collaboration between NAVAX and abcfinance in this user report.

    To the case study
    Case Study

    Success story with Miller Leasing: IT leasing revolutionized

    "A nice confirmation of the success of our project was the fact that the annual financial statements were completed faster than ever before," said the customer.

    • First-class data quality and greater transparency with the NAVAX software platform for financial service providers,
    • Adaptation and optimization of internal processes,
    • Sophisticated process automation.

    Would you like to find out more about the solution and the collaboration between Miller Leasing and NAVAX? Then read this case study.

    To the case study
    Case Study

    Our project with Valida: 360 degree customer view

    Our solution: a modern CRM.

    • Professional and future-proof customer data management with new CRM software,
    • All relevant data and KPIs at a glance
    • Professional project organization.

    In our case study, you can read about the vision, requirements and successful collaboration between the Valida and NAVAX teams.

    To the case study