Utilize workflow automation capabilities
Understanding the nature of the leasing agreements, the Sales Module supports the function of automated generation of invoices based on the repayment schedule plan and due dates of agreements’ installments. The agreement management workflow allows dynamic adjustment supporting automated and manual invoice generation.
The integrated workflow follows automatic transaction processing in General Ledger Module where invoices are posted on predefined accounts including the installment amounts and any additional expenses that may be calculated. Taking advantage of time management on the posting activity, invoices can be processed in bulk files or separately based on client’s preferences.
Complete invoice overview is immediately viewable in reports where generated invoices can be compared and analyzed with processed payments for on time identification of delinquency cases and late payments.
Cost-Effective Invoice GenerationAutomate the process of electronic invoice generation and conveniently deliver payment information to clients by using cost-effective methods.
Strong repayment controlUtilize direct repayment visibility with comprehensive management of generated invoices, due installments and processed customer’s payments from a central location.