abba leasing - · pdf fileabba leasing falls into the category of "universal leasing...

ABBA Leasing on the territory of Croatia, Slovenia, and Bosnia and Herzegovina is

represented and distributed by INFOSISTEM d.d. ABBA Leasing was developed by ABBA - a company specialized in the development

of banking and business application solutions that provide customers a higher profit ABBA has ISO 9001:2008 QMS quality management system certificate which

ensures excellent internal organization needed to develop the most advanced software

ABBA has ISO 27001:2005 ISMS Information Security Management System certificate which ensures additional safety

Database of ABBA Leasing is fully open to customers / partners For the support of ABBA Leasing INFOSISTEM and ABBA use a unique HelpDesk

system - HOGAR

ABBA Leasing users can choose one of four unique models with the ability to maintain long-term, transparent cost planning

In the development, maintenance and delivery of IT solutions and services ABBA is using best practice standards that allow open communication to customers/partners, followed by the idea of responsibility and professionalism in operations

ABBA is "Microsoft Silver Partner ISV" (Independent Software Vendor) which enables quick access to the latest global technologies

ABBA solutions are always "up to date" because they are regularly "refreshed" and improved in line with global trends and new technologies

ABBA products are not only for the business records of past events, but for actively shaping the business policy and always available analyzes that are necessary for business management decisions and predictions of future events

ABBA products are highly sophisticated applications that are always delivered on time, with very competitive prices

Premium Leasing System ABBA LEASING was developed on the basis of highly

efficient, automated and integrated banking system NovoDoba®. This is a multi-layer banking system applications which covers the whole banking business of savings and credit

transactions for citizens and all operations for corporate entities to exchange of information with payment systems and credit card companies, and reporting to National Bank or other institutions. This is probably the most flexible and innovative system, which brings great

advantages to banks who use it because it reduces the need for human labor it accelerates all processes and with a powerful business intelligence that can predict individual events

each financial institution that uses it seems more flexible and better prepared for the challenges of the market. The system that is arranged in such way directly increases the profits of the Bank. At this point it is used by banks in Croatia, and in future we expect a

significant breakthrough into foreighn markets. On the standards and procedures of this complex, multi-checked and verified banking application we made ABBA Leasing.

With all the advantages related to safety, structure, clarity and organization of ABBA

banking applications from where it originated, ABBA Leasing will impress all its users with

its original solutions, unprecedented flexibility, simplicity and speed of use. This is an

application that reduces costs and improves overall operations of leasing companies that

use it.

ABBA Leasing thus becomes the application ready for all future challenges, both business

and organizational and reporting to regulators and individual institutions. The advantages

of sophisticated banking background of ABBA Leasing are enormous, especially in relation

to our region in the standard lease applications that primarily fall into the category of

accounting applications.

ABBA LEASING falls into the category of "Universal leasing package" and covers all of the

leasing business. ABBA LEASING also uses, already checked and in banks confirmed, ABOS (ABBA BANKING OPERATION SYSTEM) as the core and the foundation of Modules/

Services which allows high-quality, secure and continuous communication with Module Manager, and controlled by the CMP (Core Management Process), executes all background jobs, and associated bookings and controls, completely automated. ABBA modules are built

into one application to be more accessible, faster and easier to use. All modules use the same database, so their connections are constant and they form a unity. All rights and

obligations are determined by needs and requirements of business processes.

ABBA LEASING as well as any other ABBA business application solutions and modules, are multilingual and can be used simultaneously in different languages, and any new language, thanks to the ABBA-engine can be added within a few days. To facilitate the work of

clients/partners and guaranteed compatibility between different versions of the module, ABBA developed applications "Abba UpdateMaker" and "Abba Updater". They are used for

all updates or new applications coming out 'under the hammer' of our programmers. Applications are characterized by simplicity and speed of use, because they can within a few seconds automatically update all the workstations in the system. The application “Abba

UpdateMaker" can be used to create or enter an upgrade or new application that can be set for the entire system or for each workstation individually, depending on your needs. "Abba

Updater” is an application that is used to download an upgrade or to implement a new applications.

Internal systems of the company allow us constant surveillance and monitoring of new versions and changes, which fully guarantees the compatibility of different versions

and modules. An important role here has Abba Department for testing and monitoring of the quality of products in our internal application HOGAR. In addition to that, the constant care and version control is also taken through automated "source code" control system -

Source Anywhere that holds all the codes in an internal SQL server. Any changes in production bases is made by users themselves, and ABBA just prepares "update packs"

that are first applied to a test database and when their correctness is confirmed also to the production.

ABBA Leasing took down all the mathematical functions and calculations as well as the

methodology of booking from our banking system, wich with the added flexibility and adaptability to the present system, now offers great opportunities for expansion, but also

a high level of operational safety. The system has all the advanced technology that our company uses in its products so it enables quality monitoring for leasing objects, with integrated Document Management System, document scanning and monitoring of the

full lifetime of the leasing request from the issue of the offer to the final repayment, refunds or sales of the object. ABBA Leasing of course, also has a reporting module that

includes all the reports that the leasing company have to submit to the regulatory authorities.

ABBA Leasing usees another innovation from the banking system - Abba Smart Input, input method of any client specific tags (identification number, name, surname, initials...)

and then immediately finds clients who meet the desired category. This is possible in all forms of entry and job creation, or anywhere where you need to enter the client. Exceptional possibility of the system parametrization allows ABBA Leasing to be

customized to each financial institution and its current mode of operations or future business vision. The configuration of the system, compared with competitive systems,

allows much faster changes and adding of new jobs or entire modules.

Thanks to ABBA VKO system (Virtual Loan Committees), solely for the purposes of ABBA

Leasing we developed a new, unique and innovative prudential (credit rating) estimates. By comparing more than 30 major financial ratios (and other made by discretion of our

clients/partners) , each user gets a certain prudential assessment wich is a great help when making decisions. The system provides regular analysis of the creditworthiness of customers and exceptional help when setting up new criteria and conditions.

In ABBA Leasing system inventory and reservations are separate units that allow easy

and, at any point, conductive realization of these important business processes. Collection of receivables is an important service in ABBA Leasing. Thanks to innovative solutions in the system there is inetractive communication and constant contact with

customers via e-invoices and e-mail, SMS, telephone and traditional post mail with a permanent program record.

With ABBA Leasing every form of internal records and documents outside applications become redundant. Through ABBA Leasing client/partner can create his own form and

content of documents that are automatically filled with available data. This is not only faster but also makes the leasing companie much more acceptable in the eyes of its

customers.

When it comes to the monitoring principles of products and contracts in the ABBA

Leasing system - all the bookkeeping schemes are defined by setting "tiprac" that is done by leasing companies themselves through the Parameterization application. So here is

possible to easily separate the new products on a separate account in order to be clearly arranged and accessible in the balance, and as such a great help in budgeting and planning.

Automatic processing take accounts defined in “tiprac” and general accounts database

(kontamod) and generate the bookings in the analytical book from which is possible daily differential data transfer to the general ledger. This is done in order to General ledger itself would not be overburdened with a bunch of analytical data but to contain only compressed

data.

All analytical data are presented in a table named "fintran", and the data is retrieved from it for any balance or operations of each contract. Upon the receipt of payments on the contract it is first booked to the account from which the unallocated payments later in the

processing are allocated to all due liabilities. Possible surplus funds remain in the account kept as a liability to the client and are reported separately in account balance, and included

in the final settlement of the agreement. All invoices and reinvoices related to contract and are not based on principal or interest is also in the analytical booking run as entries related

to agreement, on a separate defined accounts. Calculation of penalty interest are also fully automated, but offer the possibility to be 'joined' to the next months invoice or not (depending on the relationship between client and leasing companies) so leasing

companies have full freedom of action with maximum automation. The same applies to the letters of concern.

Key features

Automation

• High level of automation of daily processes facilitate not only the work and savings in

time, but performance and reliability of the previously defined business processes and

ease of later control

• Output documents are printed at a time when it is needed, so it is not possible to

obtain a document that don’t have all the necessary information

• Automated billing of all outgoing invoices, which allows the issuance of more than

10,000 invoices per hour without any need for human intervention

• Booking of data to the General Ledger is fully automated by pre-defined formulas

• Daily data processing is done on the SQL server through the night without the need

for operator intervention

• Interest calculation, invoices, quotes, notices and various internal and external reports

are also generated automatically

• In addition to the main business processes, many routine tasks as small as the

withdrawal of foreign exchange rates from the Internet are enabled through the

automation

• Complete automation is introduced even in downloading new versions, making it possible to set up a new version of the application on all workstations or only to those

selected for testing

Key features

Ergonomics

• ABBA Leasing is a modern, comprehensive and complex system with great potential

with a simple, flexible and user-friendly interface

• All system settings, documents, business processes, reporting, etc. are very easy to

change and adapt to user, business trends and legal requirements

• Part of the parameterization of the system is done by the supplier of software, which is included in the price, and the second part of parametrization is done by leasing

companies

• Key information is always available with the ability to quickly and easily search by

various criteria

• Entering and updating data are extremely simplified, without losing the necessary

security so that even operators with little experience can quickly edit the data without

fear that there will be mistakes

• For example, to request the review of contracts it is enough to enter the contract

number or the number of the specific offer

• To review the clients data it is enough to enter the name, first name, last name,

initials, identification number or PIN (OIB)

• In case that system found more people on these criteria, the program offers a table of

possible persons for more precise selection

• The system offers Web access to leasing house customers through a user name and

password, and so at any time, and transparent insight into the account balance

• Where necessary, the application offers a 'look-up' browsers, so it is possible for

example to choose the right person among suppliers or banks

• All documents and data can be exported in various formats, for example, for further

analysis in Excel

• It is very easy to define new documents related to the objects, together with all the

features that a document contains

Incoming documents are scanned and stored in the database

Key features

Ergonomics

• All documents can be scanned, the scanning is done directly to the main data base

where they are always available. In that way all policies of backup and database

maintenance by the leasing company are covered

• All external devices that are available for Windows interface are supported : Printers, scanners, external drives and other memory units as well as card readers, biometric

modules (fingerprint authentication), and similar

Key features

Security

• As ABBA Leasing was developed on grounds of many years experience in banking

software, the security level is high above average of competing applications

• All starts by defining the rights of the individual operators. Any possibility of the

system can be given, prohibit or partially restrict to the operator

• Also the level of complexity of passwords, change passwords obligations and a like

can be determineted

• For critical operations, such as approval of the contract, it is required a certain

number and level of staff for authorization of so called joint signature

• All transactions in the system are multi-tracked and controlled

• The history of all transactions is always available by the operator, workstation, client,

etc.

• The appearance of printed documents are recorded, so it is easy to spot any

manualy made modifications

• All applications have the ability for test modes on a separate test server

• All data are stored in the database to MSSQL server, thus ensuring an enviable

stability in operation, easy data archiving and easy transfer from one server to

another

• Data backup is performed automatically or semi-automatically according to the needs

of the user

ABBA LEASING v2

At the start of 2012 ABBA Leasing v2.0.0 was released to production. In the new version

we applied all the "engines" from our advanced banking system NovoDoba® ABOS v5, and ABBA Leasing v2 hereby raised to an even higher level when it comes to data security, speed and simplicity of operation, and optimization of business processes.

Among the main novelties we emphasize:

A new methodology for authentication with a special user with “zero” rights A new methodology for creating a license files for the workstations

Implemented AES encryption registration Unlimited number of test environments

The new 3DES standard encryption is implemented for the passwords in the database Database passwords encrypted with a key derived from the password itself Operations are defined within the system as a key to authenticate

Activities log moved to the server All questions, warnings and information posted to operators are logged through XML

on the server Local (temporary) databases are completely abandoned

Advanced ABBA Smart Input (Enhanced Smart input now receives wildcard characters)

ABBA Fast Grid-Export (the rapid export of the grid data to excel, with sorting and

filters applied) up to 10 times faster than previous version (Ctrl + F8)

ABBA Leasing v2 also got a new application to grant rights to operators (AK - UsersAdministration). New is also archiving of the original template on which are printed documents relating to a specific offer. In addition we inserted new "alerts" (the description

of which is available only to users). All this greatly contributed to the progress of the already the most innovative and cutting edge Premium Leasing System in the region.

ABBA LEASING SOLUTION PACKAGES

ABBA LEASING START SOLUTION—The basic premium multilayer leasing system of

applications for "small" and "medium" size leasing companies with smaller requirements in IT. Optimized for basic operations with savings of human resources due to automation of processes. Possible fast "upgrade" to ABBA LEASING OPTIMA SOLUTION.

ABBA LEASING START SOLUTION v2

ABOS Leasing (Core)

Master data

Front End (Sales)

Back Office (Accounting/Bookkeeping )

Reports

User Administration (AK)

ASU (right to access )

HOGAR (right to access trough web interface)


ABBA LEASING OPTIMA SOLUTION—The most efficient multilayer Premium leasing

system developed for the "medium" size leasing companies. Optimized and adapted to each financial institution and its policy of development and growth. Possible fast "upgrade" to ABBA LEASING SUPERIOR SOLUTION. ADDITIONAL MODULES IN RELATION TO ABBA LEASING START SOLUTION ARE MARKED ORANGE.

ABBA LEASING OPTIMA SOLUTION v2

ABOS Leasing (Core)

Master data

Front End (Sales)


Reports

Risk management and credit rating assessment

Collection and Tracking

DMS (Document Management)

Damages


Parameterization

Net Leasing




ABBA LEASING SUPERIOR SOLUTION—The most sophisticated multi-layered Premium

system of leasing applications developed for the most demanding users. Provides fantastic time savings for certain operations, and significant savings of human and technical resources. With almost unlimited possibilities of product parameterization. SUPERIOR

SOLUTION offers the most complex features for analysis and predictive monitoring of business events. ADDITIONAL MODULES IN RELATION TO ABBA LEASING OPTIMA SOLUTION ARE MARKED ORANGE.

ABBA LEASING SUPERIOR SOLUTION v2 ABOS Leasing (Core)

Master data

Front End (Sales)


Reports



DMS (Document Management)

Damages

SPN (Prevention of Money Laundering)


Parameterization

Net Leasing



ABOS Premium Business Intelligence*

*includes 12 man/months of development of specific BI products for the leasing company

ABBA LEASING SOLUTION PACKAGES SUPPORT MODELS

Name of the Model

New versions HOGAR

Working hours**

Law changes

Monthly support fee

Type of support

Working hours

support****

Superior Leasing(@) Yes GR,UP,IZ,PR 250 Yes 2,42% a), b), c)

unlimited

Premium Leasing(@) Yes GR,UP,IZ,PR 40 Yes*** 2,33% a), b), d) unlimited

Standard Leasing Yes* GR,UP,IZ 15 Yes*** 2,00% a), b), e) 90

Light Leasing No GR,UP 0 No 0,83% a), e) 30

(@) Not available for all Solution packages * New version just to the change of the main number (e.g. ABBA Leasing 2.0.0 up to ABBBA Leasing 2.99.99, but not ABBA Leasing 3.0.0) ** Denotes the number of hours per month of available ABBA experts to the client on ABBA location for the development of new functionality and customizing the existing ones, based on user requirements and evaluation of ABBA *** Only those legislative changes that do not require more than 160 man hours **** Denotes work spent on corrections of observed irregularities in the software (technical maintenance) GR=Errors UP=Queries IZ=Changes PR=Projects a) HOGAR b) E-mail c) Phone d) Urgent phone e) Phone with tariff

Modules/Services - Business functions

ABOS Leasing (Core) High-performance stored procedures based on MSSQL database

Simple data organization within the server Almost unlimited technical possibilities of creating a server and data field, all in

accordance with MS specifications Export of all views to Excel spreadsheet In-depth data research

Fully open database with the definition and description of fields in tables Multilingualism

"Engine" for tracking of printed documents with the possibility of reprinting High password standard security with password policy defined by the leasing company Authorization through biometrics (fingerprint) or smart cards

User friendly interface of Windows workstations Multi-layer architecture and openness to external applications

Possibility of automatic export in various formats before printing (.pdf, .xls, .rtf,...) The core and the basis of most modules used by the leasing company, which provides

high-quality, secure and continuous communication to modules, and controlled by the

CMP (Core Management Process) performs all background tasks and supported bookings fully automated

Master data

Information on the particular person

Search for a person - ABBA SmartInput method Definitions of types of a person

Black List White List Definitions of brands and models of leasing objects

Search Registry by license plate or other description

Front End (Sales) Register of leasing objects Registry search by description

Issuing Informative calculation Icorrection of Informative calculation

Overview of Informative calculations Issuance of offers for the contract based on the Informative calculation Offer correction

Overview of offers and contracts Premature termination of contract with automatic calculation

Current up to date status on contract

Overview of transactions per contract Automatic generation of contracts

Automatic generation of all supporting documents Digital archive of all generated documents Overview of all documents issued per individual contract


Input data from the balance sheet and profit and loss statement Assessment of payment capabilities (financial solvency) for physical and legal persons Generating of automatic score and financing decisions

Systemic monitoring of the decision approving or rejecting requests

Back Office (Accounting/Bookkeeping) Automatic invoicing for regular rate and leases Payment of objects when purchasing

Automatic recording facilities in the operating lease Detailed transactions by all contracts accounts

Invoicing incoming invoices to the recipient Independently invoicing of additional costs per contract

Overview of bookings by bonding number Exchange rates import Statements import

Eksport of orders for the payment Transfers from accounts to contracts and from contracts to accounts

Analytical konto card Automated generation and booking of reservations Print inventory list of objects


Automated SMS and e-mail reminders and alerts Automatic reminder generation, transmission and records Collection records with manual entering of comments

Independently defining of reminder price lists Automatic calculation and posting of interest on late payments

Evidence of additional costs on ordinary account Reports

View the balance of all contracts Export to XLS

Report on new objects Financial Reports Regulators Reports (G-FIDOLIZ, T-FIDOLIZ, ROL)

DMS (Document Management) Automatic generation of all printed documents

The ability to scan each document The records of all documents related to the case Scanning documents - insurance policies, etc.

Search documents by multiple “keys” Digital archive of all documents

Generating reports on the expiry of documents Reminders to the expiration of insurance, registration, etc. Import digital images of leasing objects

Damages

Damage entry Damage liquidation

SPN (Prevention of Money Laundering) Questionnaires for the Prevention of Money Laundering (SPN)

Automated generation of documents for the SPN Monitoring of the documents submitted for the SPN

The records of the ownership structure of clients The records of related persons The possibility of connecting to external systems (UN, etc.)


Defining the right to work with individual service/module

Defining the rights of operations for all users

Parameterization

Parameterization of “tiprac”

Definition of all accounts in a lifetime of leasing contracts

Definition of types of foreign currency clause and methods of calculation

Parameterization of products

Definition of all terms and possible interest rates for each product

Definition of approval terms for an individual product Connect deadlines with booking scheme (tiprac)

Definition of types of leasing and other parameters

Parameterization of intrests

Defining the methods of calculation and the amount of interest

Overview of all available interest rates Parameterization of time limits

Parameterization of basic System settings

NetLeasing

On-line access to contracts state/ballance to all leasing customers/users

Specially generated passwords for every user

Possibility to review transactions per contract

The possibility to review the expiration of documents by the contract

Overview details of the object (the chassis number, etc.)

The possibility of making calculation of the premature closure of contract

Overview and printout of invoices issued per contract


Automatic distribution of new versions to the selected workstation Complete control over the application of submitted patches Detailed follow-up of versions with a clear version log

Distribution of all supporting documents to workstations

ABBA HOGAR (right to access trough web interface) Support System (HelpDesk) for the users of ABBA Leasing Solutions Answers to the questions, tasks and requests as quickly as possible

Detailed monitoring of developments around the submitted task/requests Overview of all email communications relating to each task/request

Insight into the status of all tasks/requests sent to INFOSISTEM-ABBA Automatic email alerts and communication system according to tasks Elektronic version log

Complete and always updated Electronic Data Dictionary for the data base The most modern support system

ABOS Premium Business Intelligence Analysis, monitoring and prediction of events

Complex IT solutions that offers specific information at the right moment and in the desired format

Statistics of stored data, analytics and forecasting trends, and optimization of business processes are integrated into the application that simplifies and accelerates the adoption

of high-quality business decisions and directly lowers costs Individualized BI solutions for each client Internal report for the Central (Group) by; branches, regions, countries... available "on

demand", by directly connecting with "draging" and “grouping” of data

Architecture and Technology

ABBA LEASING has layered architecture, and it can be classified into the category of

"presentation, process, business logic, data". ABBA Leasing and all its modules and components are created in Microsoft technologies, VB, VB.NET, MSSQL, and uses the "Fat-clients" client architecture.

The system does not support that client performs some specific functionality off-line, but it

has an equal mode like NovoDoba®, which has an "up-time" of 99.99% (analysis of the past 8 years). From losing a client to the server connection (rupture of telecommunication cable, failure of network equipment...) to re-establishing the connection, the application is

ready for operation within 15 seconds. So far, the system itself was out of use only for regularly scheduled maintenance (1 hour in 3 months).

The solution is completely independent of the physical infrastructure as the only level that is used for communication between workstations and servers is the level of TCP/IP traffic.

The level of communication and network infrastructure


ABBA Leasing uses standard Windows platform, and the decision on clustering, backup methods, redundancy, contingency is entirely at the user as well as control over work decisions. Minimum requirement is to use Microsoft Windows with Microsoft SQL Server

2005 Standard database.

Workstations can run on any Windows operating system, and our applications are always

certified for the latest systems (now for example, for all to the Windows 7).

The system is completely designed for 24/7 on-line processing, and at the end of the day it

request processing. The system uses so called “evening jobs” that are relatively short, and their duration measured in seconds. Slightly longer jobs are performed at the end of the

month, and their duration can be up to several minutes. During the time of jobs you can

normally work in the system.

When it comes to the security mechanisms at application level, the system offers a high

level of safety. First on the modules/services base since not all modules/services are available to all persons. Then at the level of form, and also through the special

authorizations. All these authorizations are given through the application AK—User Administration. In addition to the standard authorization it is possible to define the special

authorizations to the selected operators, and all the organizational structure adapts to the client during the implementation of solutions. Encryption of sensitive data such as

passwords are stored encrypted per international standards.

The system is so structured that the business change of each subject is immediately identified. Each business unit, branch or headquarters are supported in such way that they

can be treated as a separate profit and cost centers. The system works on the central server, and business units are connected to the server via TCP/IP protocol. Of course, every business unit can be taken separately. System currently supports the management

of up to 99999 organizational units.


Each transaction or non transaction record (input or change on clients information and

similar...) registers; operator, workstation (PC) and organizational unit that made this change. Even printing of gross balance is possible by organizational unit and report of profitability can be further parametrisized for distribution of 'common' costs connected

with, for example, leasing headquarters in the general ledger.

The system further provides the ability to obtain consolidated reports on the level of branches, regions or entire leasing organization. Since all data are in single database and all transactions and accounts have marks of a business unit and many others, we can

obtain more complex reports than currently required. The system ABBA Leasing supports the ability of more detailed reporting. For example, it is possible to report upon

individual employee/operator, on a certain day and certain time frame of the day. Consolidation of reports is also possible because all is tied to the lowest level of the workstation and organizational unit so that the interconnection and the wider grouping is

not a challenge.

Special attention in the ABBA Leasing system is given to the input data so due to the added controls the errors in data entry (input) and the actions themselves are reduced

to a minimum. In many cases operator can not even deliberately make a mistake. Through the application AK — User Administration you can determine the authorisations of access to parts of the system for each operator. Authority can be assigned using the

templates, or can be customized for each operator/workers in particular. The system can define a wide range of levels of rights for each operation or transaction by the persons

authorized by the leasing company, without the mediation of ABBA.

Safety of data on the server is guaranteed by Microsoft technologies, and implementation of all safety guidelines/instructions is ABBA’s concern. Passwords of all the operators are

encrypted in the database, even the system administrator can not see them (he can only change them). "Hidden triggers" on the database make records periodically so they can

later confirm the authenticity of the stored data in the subsequent analysis, and they can detect whether someone even with the highest authority has modified the data in the database. All operations and transactions are recorded in the “log” (even to the smallest

detail such as if particular item has been selected to print or not).

ABBA Leasing

THE NEXT GENERATION LEASING SYSTEM !

Abba d.o.o. develops applications in

accordance with certificates Q130711 and

ISMS0112 for the Development of banking and business software solutions

abba leasing - · pdf fileabba leasing falls into the category of "universal leasing...

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