The operation processes start upon completion of a lease or finance contract. The next steps include contract maintenance and dealing with contract events, such as the rollover of pricing agreements. Payment schemes must be monitored, and risk must be reduced by means of active collateral management.
Our contract management solution combines our core competency in contract development with our financial services expertise in the management of lending, leasing, and financing documents. We can help with managing the many clauses within finance agreements and categorizing and quantifying them for increased returns on your organization’s financing operations.
Enterprise Content Management (ECM) solutions from Open Text for finance operations deliver this functionality with the following components:
Software: Archiving & Imaging, Business Process Management, Document Management & Collaboration, Email, Extensions for Lotus Notes™, Extensions for Oracle, Extensions for SAP Solutions, High Volume Document Processing, Knowledge Management, Report & Output Management
Supplemented by Business Content (e.g., predefined workflows) to give you a head-start in configuring workstreams and processes, Consulting Services, Training and Support tailored to meet your requirements.
Improve customer service (i.e. multiple points of access)
Increase transparency and accountability
Reduce transaction costs
Investment income/interest rate