ASPEKT is providing two types of implementation (Standard and Enterprise) in order to respond to different scope of client’s operations, from startup leasing companies with determined range of operations up to market leaders and large scale leasing companies with requests for high-level flexibility, scalability and time-to-market orientation.
Target groups
STANDARD |
ENTERPRISE |
|
|
Modules
The modules that are part of the Aspekt Leasing Software can be implemented with both, Standard and Enterprise implementation type, depending on client’s preferences.
The list of currently available modules within the implementation types is presented in addition:
Implementation Types
Both implementation types have specific advantages for the client but the main difference between them is that the Standard type consists of predefined business flow, ready for use by the client “AS IS”, without additional adaptation to client’s business processes, covering all regular operations of leasing companies compliant with the latest technological trends, whereas the Enterprise type offers complete adaptation according to client business processes and work policies and allows the client to be more flexible to industry and institutional changes.
In the table below the two implementation types are compared, in order to present the actual differences between the two types.
| Product Options | Standard | Enterprise |
| Business Process Control | ||
| Predefined flow of activities based on best case practices of Aspekt Implementations in leasing companies | ||
| Process Management System completely adaptable to client business policy and workflows to set up the system to lead the users through the subsequent actions | ||
| Dynamic control of business processes, with ability to adapt the process flow from user interface | ||
| Data Definition Option | ||
| Dynamic and ad-hock definition of data to be gathered, from user interface, with Dynamic Data Collector (DDC) implemented on every business entity within the process flow | ||
| Dynamic definition of required documentation in specific steps and on different workflow stages | ||
| Predefined data definition parameters on all business objects | ||
| Classification of documentation during the process flow | ||
| Predefined lease processing status flow and status definition (new, down-payment received, repayment, matured, early matured, early prepaid, closed, terminated) | ||
| Dynamic definition of lease processing status flow | ||
| Dynamic approach of defining approval schemas | ||
| Multi-user level approval based on predefined criteria | ||
| Dynamic definition of lease application status flow based on organizational needs and corporate business process flows | ||
| Predefined lease application status flow and status definition (new, sent for approval, rejected, approved) | ||
| Product Policy Administration | ||
| Predefined definition of Product Policy parameters (min and max of product amount and interest rates, interest rate type calculation (flat, declining, balance), administration fees and product currency) | ||
| Dynamic Product Policy Management from user interface, including definition of product limitation parameters, such as specification of product levels and level conditions, determination of employees, branches, customer types, leasing types, asset types, funders, etc. obtainable to use the product and creditworthiness parameters gathered per product | ||
| Dynamic specification of calculations and formulas per Leasing Product | ||
| Dynamic specification of Product limits and exclusions | ||
| Dynamic definition of Credit Scoring parameters | ||
| Dynamic platform for defining Credit Score Cards | ||
| Answer’s validations on Credit Score Cards (mandatory fields, default values, list of values) | ||
| Integration of calculation procedures directly on Credit Score Cards Definition | ||
| Creditworthiness Analysis | ||
| Customer’s creditworthiness analysis on lease application level based on predefined parameters for Financial Analysis (Incomes, Expenses, Balance Sheets, Income Statements, Family Incomes etc.) | ||
| Automatic loading of customer’s financial information currently in the system, on application form (possibility to analyze the income statement, balance sheet, cash flow of the customer and generate report for sustainability per lease application, and possibility to ad calculation mechanisms for performing financial analyzes | ||
| Option for uploading Spreadsheet Templates and data mapping (to map the questions/parameters with the spreadsheet sheets/cells), used for financial analyzes on application level and in Credit Scoring analyzes | ||
| Back Office Processing | ||
| Integrated General Ledger and automatic processing of transactions | ||
| Dynamic control of entire accounting process | ||
| Dynamic adaptation of payments matching order, based on client preferences | ||
| Predefined posting schemas | ||
| Automatic maturity of installments in night procedures | ||
| Automatic closing of lease agreements under predefined conditions | ||
| Automatic closing of lease agreements under client specific conditions | ||
| Manual transaction booking through Bank Statements with predefined input parameters (bank account, date, currency, start balance, end balance) | ||
| Manual transaction booking through Bank Statements with client specific input parameters | ||
| Automatic and manual close of period, after which the system locks the transaction postings in closed period | ||
| Dynamic status definition on Bank Statements, based on client preferences | ||
| Predefined status definition on Bank Statements (new, post in General Ledger) | ||
| Templates for entering from Bank Statement and Lease Agreement with client specific input parameters | ||
| Templates for entering from Bank Statement and Lease Agreement with predefined input parameters | ||
| Entrance of exchange currency rates on a daily level with option for storing historic data for every last day | ||
| Advanced features | ||
| Preview based method and dynamically defined input parameters for automatic adjustment of agreement’s repayment plan, automatic transaction posting based on predefined activity to restructure and automatic creation of agreement history | ||
| Preview based method and predefined input parameters for automatic adjustment of agreement’s and repayment plan, automatic transaction posting based on predefined activity to restructure and automatic creation of agreement history | ||
| Restructuring of Lease Agreements | ||
| Early maturity | ||
| Early restructuring | ||
| Rollback activities (Agreement Activation , Payments, etc) | ||
| Reporting System | ||
| Dynamic Report Generator (DRG) for ad-hock report definition in addition to the core report views | ||
| Predefined report views (report filters and columns) containing all standard reports for accurate portfolio analyzes with possibility for regrouping, saving and excluding column views | ||
| Lease Application Reports (Lease Application Periodic Report) | ||
| Periodic Reports (Agreement Repayment, Past Due Repayments, Restructured Agreements, Terminated Agreements, Installment Maturity on Agreements, Activated Lease Report, Lease Maturity Report, Payment Maturity Report, Restructured Lease Report, Early Repaid Lease Report, Early Matured Lease Report, Lease Repayment Report, Delinquency Lease Repayment Report) | ||
| Cumulative Reports (Current Installment, Agreement Balances, Statistical Leasing Report, Past Due Agreements , Balances – Portfolio Report, Delinquency Lease – Portfolio Report, Portfolio Analyses Report) | ||
| Financial Reports (Analytic Report, Transaction Log Report, Trial Balance Report, Income Statement Report, Balance Sheet Report, Receivables / Payables Report, Bank Statement Report) | ||
| Internal Communication & Exchange Option | ||
| Option for internal exchange of messages and tasks, incorporated directly on all business objects with automatic refreshing of dashboard system on dynamically adaptable timeframe | ||
| Option for internal exchange of messages and tasks on predefined business objects, with automatic refreshing of dashboard system on 3 minutes timeframe | ||
| Option for silent messages, adjusted as back operations to automatically generate predefined reports and attach them directly in messages and be sent (via e-mail, system notification) to correspondent user or group of users | ||
| Predefined message input parameters (subject, message, priority) | ||
| Predefined message status (new, sent, read, unread) | ||
| Predefined message action (view, new, send, mark as read, mark all as read, add reminder, delete reminder, reply, reply to all) | ||
| Predefined task input parameters (date, due date, task group, description, priority) | ||
| Predefined task status (active, in progress, finished, cancelled, reminder (date/time)) | ||
| Documentation import/export option | ||
| Integrated Document Compliance Platform applied on all business objects with option for upload and classification of different types of documents (pictures, word, excel, txt, pdf, etc.), set up of mandatory documentation on specific process flow and 4-eye control mechanism of the uploaded documentation | ||
| Integrated Document Compliance Platform applied only on application level and directly on Task & Messaging level, with option for upload and classification of predefined types of documents (pictures, word, excel, txt, pdf.) | ||
| Central Documents Repository with possibility for navigation of documentation uploaded within business objects | ||
| Print-out Option | ||
| Stand-alone Template Generator for generation of custom print documentation | ||
| Print out and export of reports in editable spreadsheet format | ||
| Print out of system generated files on any business object in the system, based on client requirements | ||
| Print out of documentation, repayment plans, cash transactions and posting log | ||
| Limitation Option | ||
| Predefined list of validation and verification controls, integrated during project implementation | ||
| Dynamic management of validation’s and verification’s activity within the process flow with flexible activation on field and document level, controlled on any step of the workflow | ||
| Security Control | ||
| Log audit system, for tracking complete system actions of all users, with automatic generation of time and date when the action is performed or message is generated | ||
| Action Blog, integrated Time to Yes, Time to Cash Management mechanisms for tracking of actions performed and complete overview of time spent on each step in the process | ||
| User Interface Options | ||
| User role privilege rights | ||
| Fast Search filter with possibility to search through big lists with shortcut search parameters and detailed search by columns | ||
| Integration with other systems, Credit Bureaus | ||