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New Post 3/3/2010 4:19 AM
User is offline Dirk D
9 posts
10th Level Poster


Naming comventions for le asing industry 

 A supply chain process can be described as following:

Customer Order -> Picking -> Goods Issue -> Billing -> Accounts Receivable -> Final Payment

 

How should i describe a process in the world of le asing? 

Customer Order -> Qualifying (is the customre credit worth) -> Contracting (make a contract between lesor and lesee) -> Ordering (the lesor buys the goods) -> Invoice Validation (is the vendor invoice equal to the purchase order) -> Payments (amortization) -> Execute purchase option

 

Any hints are welcome :)

 
New Post 3/9/2010 1:23 AM
User is offline Adrian M.
739 posts
3rd Level Poster




Re: Naming comventions for leasing industry 

First of all, I'm not sure I understand what you are looking for: leasing process vs. leasing terms.

I get the feeling that you need to begin defining your terms by creating a glossary of business entities which you can use as a foundation for creating an entity model.  Think class diagram!

Of course - the process and definitions can also differ depending of what "leasing" is involved.  Heavy Equipment leasing could be very different than residential apartment leasing.

Here are some resources for you:

Equipment Leasing Glossary of Terms

GLOSSARY OF LEASING TERMS

You might also try this:

Equipment Leasing and Finance Association

- Adrian

 


Adrian Marchis
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