FINPRO STOCK FINANCING
Our solution enables direct instant access from the SAP system to the credit system offered by the banks in order to provide financial loan support for the inventory costs of the dealers of the automotive companies. Thanks to the solution, this whole process can be managed from a single platform within the SAP.
1. HOW DOES IT WORK?
• Dealers open company-specific credit limits at the contracted banks.
• The banks enable the automative company benefit from the credit limit determined by the bank by checking the vehicle chassis number.
• The firm receives its payments from the bank, and the dealers pay their debts to the banks.
• The entire process is managed through secure web service integrations between the SAP and the banks.
2. BENEFITS
• Stock financing processes with banks are managed quickly and reliably thanks to the full compatibility
of the solution with the SAP.
• The current limits of the dealers using the bank stock financing system can be instantly queried.
• The firm can block the unused portion of the credit limit defined by the banks to the dealer in any
amount and remove the block at any time.
• Invoices can be sent to the dealers in the bank system, either in advance or in cash.
• While the system uploads future invoices to be collected, accounting is performed for cash invoices.
• Any forward-dated invoice that is loaded in the system and waiting to be paid can be cancelled.
• Information about the status of invoices loaded in the system can be obtained.
e-Transformation Solutions
Financial Solutions
Banking Solutions
SAP Full Compliance
Integrated with Banks
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Automatic Accounting
Reliable and Practical
Operational Efficiency
References
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