Wholesale back office

Contract management at a high level

Contract activation and management with flexible access rights and automated management during the contract term is made possible by Wholesale back office.

Key features of Wholesale back office

Contract management with numerous functionalities

  • Variable access rights
    Depending on the access rights assigned, different system users such as buyers/customers, importers/manufacturers or bank employees can initiate or access the respective processes.
  • 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.

  • Daily interest calculation
    Interest is calculated on a daily basis. This means that changes or adjustments to the base interest rate during the month can also be correctly taken into account.
  • 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.

Further key features of Wholesale back office

Efficiency and automation

  • 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.

 

Benefits

Consistent system

The entire life cycle of purchase financing, from quotation preparation to contract termination, is mapped in an end-to-end digital system.

All sales channels

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.

Flexible billing

In conjunction with sales financing, automatic netting of payment transactions between sales and purchase financing is possible.

High degree of automation

Modern procurement financing is possible at the highest level of automation with high volumes, standardized processes, quick decisions and automated processing of contract management.

Complete integration

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.

Flexible financial products

Purchase financing with flexible financial products for specific business types and all common object groups (e.g. vehicle, equipment) are mapped consistently.

Interaction with collateral management

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.

Modular, independent solutions in the wholesale back office environment

Philipp Oberleitner
Managing Director Sales & Marketing

Enrico Moritz
Head of Business Development
+49 89 78 000-200
Bernardo Almenar
Head of Account Management
+ 49 89 78 000-200
Philipp Oberleitner
Philipp Oberleitner
Managing Director Sales & Marketing

Enrico Moritz
Enrico Moritz
Head of Business Development
+49 89 78 000-200
Bernardo Almenar
Bernardo Almenar
Head of Account Management
+ 49 89 78 000-200
NAVAX Software GmbH will never sell, market or disclose personal information to third parties.
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