Account Processing

The intelligent sub-ledger

The sub-ledger for loans is managed by FlexFinance. This can be used as a current account or operate directly with the existing current account.

In accordance with current legislation, incoming payments are divided into the asset subclasses of repayment, interest, charges or residual debt insurance. Special repayments as well as early pay-offs can be detected automatically and posted accordingly. Charges/expenses and interest models depending on the asset sub-class can be used in cases of impairment.

Account management is fully automated and the members of staff responsible are notified by FlexFinance when problems occur.

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Successful projects and satisfied customers

FERNBACH is a group of medium-sized companies operating worldwide in software and consulting. For the past thirty years, FERNBACH has enjoyed considerable success in the financial technology sector. A broad customer base, ranging from international financial institutions to regional private banks, relies on FERNBACH’s solutions.

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