BIAN Working Group Lending

Agreement Management

Summary
Using the operations of the sub domain ‘Agreement Management’, agreement documents are controlled, checked and collateral is assigned.
The original offer is split into one or more agreements which are processed separately. Based on an agreement the operational contract is created and, if required, the decided subsidy application is processed. The last operation of the process is the mailing of business partner documents.

This sub domain also supports operations for changing existing agreements based on business partner request. The original offer may not be involved in this processing and will stay unchanged.

Offer Management

Summary
The Sub Domain 'Offer Management' presents the whole life cycle of an offer. An offer is a summary of the agreements, at the current time, which the Bank agreed with the customer. Thus, the offer exists only till the decision process. With the signing of the documents ending the life cycle of the offer and the subsequent activities are controlled by the agreements. At this point the offer is converted into an agreement.