Short Term Credit Request Process
1.0 Purpose
The main purpose of this process is to provide short term credit limit and should allow dealers to place orders.
1.1 Who can place short term credit request?
- RORO Dealer
- CORO Dealer
- COCO Dealer
- Independent Dealer
- Distributor and Reseller
1.2 Navigation Path
- My Wallet > Short Term Credit
1.3 Different Applications Involved in Process
Portal Web
1.4 Short Term Credit Request Generation
Dealers can generate shot term credit request from the short term credit module.
| Page/Screen | Short Term Credit Listing |
| Application | Portal Web |
| Role | RORO Dealer, CORO Dealer, COCO Dealer, ID, D&R |
By clicking on the add new button user navigates to the add short term credit page.
| Page/Screen | Add Short Term Credit |
| Application | Portal Web |
| Role | RORO Dealer, CORO Dealer, COCO Dealer, ID, D&R |
In add short term credit page, user need to provide the following details
- Request Credit
- Station/Shop
- Remarks
- Attachments
By submitting above details system generates a short term credit request.
1.5 Approve/Decline Short Term Credit
Once dealers/customers submits the short term credit request then the credit controller can approve/decline the short term credit request.
The navigation path for the short term credit request for credit controller is as follows
Requests & Approvals > Short Term Credit
In short term credit listing, user can see the all short term credit requests. For pending short term credit requests there will be displayed the approve/decline short term credit option.
| Page/Screen | Short Term Credit Requests |
| Application | Portal Web |
| Role | Credit Controller |
By clicking on the approve/decline button system shows the approve/decline short term credit popup, In that popup user can update the approve credit. The value which is mentioned in the approve credit field that amount will be approved.
| Page/Screen | Approve/Decline Short Term Credit Request |
| Application | Portal Web |
| Role | Credit Controller |
User can select the approve or decline option. If user selects the approve option then user need to select the due date. If user selects the decline option then system consider that short term credit request is closed at that moment.
Once the short term credit request is approved then dealers/customers will get that much amount to place the orders. Once the due date of the short term credit crosses then the short term credit request revokes automatically and the short term credit for the station/shop becomes 0.
1.6 Extend Short Term Credit
For approved short term credit requests, user can extend the credit amount or the due date of the short term credit request. By clicking on the extend credit button then system opens a popup to display the option to extend the due date and additional amount
| Page/Screen | Extend Credit Popup |
| Application | Portal Web |
| Role | Credit Controller |
User updates the respective values and provides necessary attachments and remarks and submit. When user submits the updated values then system allows the additional credit and due date.
1.7 View History of Short Credit Request
Users can see the short term credit history by clicking on the view history button. View history button shows for the short term credit request if the request is in the approved status.
By clicking on the view history button system shows all the transactions which are happened for that station/shop.
| Page/Screen | Short Term Credit Transactions |
| Application | Portal Web |
| Role | Credit Controller, RORO Dealer, CORO Dealer, COCO Dealer, ID, D&R |