Contract activation and management with flexible access rights and automated management during the contract term is made possible by Wholesale back office.
Rules for contract activations
As soon as credit processing has been completed and all billing rules have been fulfilled, the contract can be activated and payments initiated. The billing rules check the completeness of the contract data and the fulfillment of certain criteria.
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 much faster and without errors.
Bulk changes
If several contracts require an identical adjustment, there is the option of a bulk update by selecting the affected contracts and choosing the corresponding adjustment.
Collateral management
During activation and during the term of the contract, a check is carried out to ensure that all collateral required in accordance with the set rules, such as vehicle registration certificates, land charge entries, mortgages, life insurance assignments, has been created and linked to the framework and property contracts.
Connection of external systems
Financial and asset accounting, cost accounting and controlling or even personnel accounting can be easily connected.
Netting
In conjunction with sales financing, the automatic netting of payment transactions between sales and purchase financing is possible.
The entire life cycle of purchase financing, from quotation preparation to contract termination, is mapped in an end-to-end digital system.
Financial service providers are present in all B2B sales channels with a digital solution. Manufacturers/importers, cooperation and trading partners can be addressed as borrowers with customized conditions.
In conjunction with sales financing, automatic netting of payment transactions between sales and purchase financing is possible.
Modern procurement financing is possible at the highest level of automation with high volumes, standardized processes, quick decisions and automated processing of contract management.
In the interaction between manufacturers, retailers and financial service providers, the module group integrates the systems of all business partners and thus automates the purchase financing and factoring processes to a particularly high degree.
Purchase financing with flexible financial products for specific business types and all common object groups (e.g. vehicle, equipment) are mapped consistently.
Upon activation and during the term of the contract, a check is carried out to ensure that all collateral required in accordance with the established rules, such as vehicle titles, land charge entries, mortgages, life insurance assignments, etc., has been created and linked to the framework and property contracts.