Kestrel Terminations
The ADP KESTREL Terminations system offers a complete back-end package to facilitate 'closing' the agreement in a tidy and effective manner. The Terminations system allows you to extend the agreement or invoice for outstanding amounts and close the accounts postings with a minimum of fuss.
Features
- Full review of contract to date costs
- Automatic Valuations using CAP data
- Early termination (user defined calculations)
- Extended agreements, both formal and informal
- Comprehensive Formal Extension Quotations
- Informal extensions can be automatic or manual
- Multiple terminations quotations before quote acceptance
- Excess and under mileage invoicing
- Pooling for Excess and Under mileage control
- Comprehensive early termination invoicing
- Balloon payments
- Detailed refurbishment costs and recharging
- Theft and Write-off, like for like exchange of vehicles
- Stepped excess mileage calculations
- Vehicle sales and disposal
- Process RFL refunds
- Full links to CAP for automatic valuations
- User defined residual value profit analysis
- Complete profit and loss print - can be user defined
- Full accounting wash-out procedure
- All data validated before posting into account ledgers
- Vehicle and contract archiving
- Customer specific calculations for termination quotes