Please have a chat to one of our consultants who have been trained to assist with the implementation and configuration of contracts to see if this functionality is something that may be applicable to your organisation.
The feature has been specifically designed for our US customers and is more detailed than repayment plans. It covers contract creation and daily interest calculations.
Contracts are created to keep track of, and calculate, interest charged if repayment obligations are not met. Functionality is designed to issue statements to families along with the ability to search byondpro for a specific contract.
