Bond Management
The Bond Management process helps you to manage issued bond as well as bond investment. The functionality helps you to automate labor-intensive processes, such as payment handling and accounting postings, giving you more time to focus on value-added activities. You can manage operational and accounting requirements. The process covers fixed-rate bond, floating-rate bond, and zero-coupon bond.
Key Process Steps Covered
- Create security account
- Create security class
- Create financial transactions
- Process payments
- Transfer values to general ledger
- Fix interest rates
- Perform month-end accounting processes
- Reclassification
- Monitor and report on class positions and financial transactions
Benefits
- Review the financial status
- Automate the management of bond issuance and investments, including creation of security account, security class and financial transaction, payments, interest rate fixing, and accounting
- Make better operational and strategic decisions using the comprehensive reporting and analysis tools
- Improve internal operational compliance
- Increase your focus on value-added activities instead of on manual procedures