HQhp Hire Purchase System
A hire purchase dashboard that allows you to perform daily task in one place
Calculating hire purchase interest for every instalment received can be tedious and time consuming. No more long queues and frustrated customers.
Less
support required
HQhp is designed to be user friendly, even newbies can master the system in one day.
User
definable Security Level
Sensitive hire purchase information can only be viewed by authorised personnel
Debtors ledger can be back printed to a required cut off date for auditing or management reporting purposes. Your business continue as usual even during an interim audit.
User
definable Interest Charge Table
You set your own interest rate thereby eliminating the need to call for software personnel assistance.
You can set your own letter template to suit your company requirements.
Features and functionality
A request demo is the best approach to the full understanding of the benefits derived from these features. Below are the highlights of main features:
- Application Submission
- Evaluation
- Decision
- Admin/Disbursement
- Monitoring
- Hire Purchase Form
- Hire Purchase Agreement
- Deposit/Loan Listing
- Receipt Listing
- Late Interest Listing
- New Arrears Listing
- Current Arrears Listing
- Defaulters Listing
- Letters/Reminders
- Black Listed Cases
- Hirer's Summary Analysis
- Hirer's Ledger
- Repossess Listing
- IRR Reports
- Instalment Receipts
Requirements
Q & A
- Will this system be suitable for used car dealers?
Yes it is suitable. Any type of business where your company extends credit requiring you to keep track of repayments. It could be a motor cycle retailers, used car dealer. An optional module allows you to keep inventories of a used car, the cost of repairs and the profit you should add to your asset during disposal. - Can we skip the procedural step of submission till decision and go directly to loan setup and issue repayment receipt?
Yes you can skip the procedural steps. However, you can decide later when you feel the need to impose some kind of SOP into your operation to streamline some work processes.
