You are on page 1of 1

Period Open to Close After a lease contract is agreed upon, the Lease or Loan

Authoring functionality books the contract and creates and enters financial streams
and journal entries. The Accounting processes from Period Open to Close enable
accruals, loss provisions, write-downs, periodic adjustments, and journal entries
specific to the asset-based finance industry.

Inquiry to Resolution The Inquiry to Resolution processes start with initial contact
from employees, customers, vendors, and partners to the Lease Center. A customer
service representative logs and tracks an inquiry through its satisfactory resolution,
which is then communicated to the appropriate designated parties. You define
processes to manage specific requests, such as insurance quotes, claims, insurance
cancellation, contract transfers, equipment exchanges, asset modifications, and
lease renewals. You may enable customer and vendor self service.

You might also like