iFLEXiHRMS Cloud Hire Purchase
Experience a new era of efficiency with our iFLEXi Cloud-Based Hire Purchase Management System, designed for financial institutions, dealers, and hire purchase companies managing vehicle financing such as Motorcycles, Cars, Taxis, Vans, Buses, and Lorries.
This multi-tenancy SaaS platform allows you to operate seamlessly across multiple branches or entities — with centralized data, flexible configuration, and secure access from any device.
Standard Dashboard - To-do List
– Expiry Reminder for Insurance / Road Tax / Inspection
– Sales or Collection Related ·Sales Record (Cash & Credit)
Master File Setting
– Overdue Interest Calculation / Scheme
– Send Letter Setting
– Payment Control (Priority Checking)
– Agreement Parameters
– Transaction type Running Number (by Single/Multiple Location)
– Accounting Software Journal Entry Posting (ACCESS UBS / Auto Count / SQL Accounting)
Loan Proposal & Origination
– Document Check List (File Upload & Retrieve)
– Flexible to set Monthly / Quarterly / Half Yearly Instalment calculation method
– Print Form (Letter Of Undertaking, Covering Letter and etc)
– Approval Process (Route Level Setting)
– Approval Route Status (Approve, Reject, Resubmit, Cancel and Draft)
– Self Define Document Check List
– Auto assign route level base on loan amount
Loan Agreement
– Document (File Upload & Retrieve)
– Print Form (Agreement, 2nd Schedule I & II, HP Guarantee, Confirmation Letter, Indemnity Letter, Consent Letter, Delivery Letter & etc)
– Print Personal Form (Repayment Schedule, Financial, Statement Of Account, Early Settlement Quotation & etc)
– Allow customize form (Price depends on the complexity of the format)
Loan Transaction
– Collect Payment (Receipt can send via WhatsApp or Email)
– Add Other Charges (Postage, Repossession, Miscellaneous, Service, Bank Charges & etc)
– Debt Control (Call record, File Upload & Retrieve, remarks)
– Set Reminder for follow up job
– Generate Official Receipt send by Email or WhatsApp
– Payment Gateway for Instalment (Onboarding with Billplz)
Automation Workflow
– Auto Reminder for Instalment Due via WhatsApp or Email
– Auto Reminder for Insurance Expiry via WhatsApp or Email
– Auto Message for collection
e-Invoice Ready
– Generate document work flow
– Void document work flow
– Document Inquiry
Why Chose iFLEXiHRMS Cloud Hire Purchase System
- Repossession Work Flow
- Interest calculation method using Reducing Balance
- Auction Info
- Generate Trade Info to CTOS / Experian
- Generate Black list Info to CTOS / Experian
- Generate GL to Third Party Accounting Software (AutoCount, ACCESS UBS and SQL Accounting)
- Send Letter Work Flow (Reminder, 4th Schedule, Final Notice, Repossession Order, 5th Schedule, Selling Notice, Notice of Demand)
- Financial Report (Over 50+ selection)
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