Payment by installments

Payment by installments is a system which stipulates synthetic and analytical account of transactions for installments and repayment installments.

Advantages of the system

For a seller

• increase of clients flow and respective growth of proceeds;
• customers who use the credit, as a rule, become regular clients;
• credit contributes to the fact that consumers buy goods and services, which would otherwise been done without, if not the credit;
• customers who use the credit spend more money;
• credit sales of products require less efforts for production distribution;
• customers using the credit try to buy highest quality products.

For a customer

• purchase of the needed product just at once, i.e. at the moment of the highest urgency;
• credit purchase or purchase by installments protects from possible price rising in future;
• credit purchase or purchase by installments is not “pressing” the customer`s budget too much, because payments are distributed for a long period.

Modules of the system

After implementation you get:

• Growth of the sales volume;
• Better customer loyalty;
• Formation of the single client base;
• High-quality solutions for creditworthiness of purchasers without employment of expensive employees;
• Short time for decision-taking;
• Standardization and transparency of business-processes;
• Possible execution of various reports;
• Control of sales processes, accounting and monitoring of deals;
• Automatic formation of contracts;
• Possible reuse of information;
• Integration with various systems.