Software for businesses selling assets on installments or hire purchase, with workflows for customer onboarding, agreements, schedules, collections, accounting and risk management.
Workflows that matter in Hire Purchase
✓Customer onboarding and KYC
✓Quotation and agreement generation
✓Installment and amortization schedules
✓Collections and overdue tracking
✓Accounting and general ledger integration
✓Reporting, risk and customer self-service
Configure the system around the operating model.
Organizations in Hire Purchase can have different transaction volumes, approval structures, data rules and reporting needs. FQMS maps those requirements into practical workflows so daily users and management work from the same controlled information.
IMPLEMENTATION APPROACH
Start with the process, not a generic template.
Industry requirements are reviewed with the people who operate the process and the people responsible for controls and reporting.
- MapDocument real transactions, exceptions, roles and information needs.
- ConfigureAlign masters, permissions, controls, integrations and reports.
- ValidateTest end-to-end scenarios with representative users and data.
- Roll outTrain users and introduce the solution in manageable phases.