Issuing bonds is one way for companies to raise money. Companies need have an underwriter help them to sell bonds. An underwriter is a firm, or group of firms, that purchases bonds directly from a bond issuer and resells them to investors. Underwriters are intermediaries between bond issuers and investors. CubeDrive provides a simple solution for the underwriter to issue their bond smoothly.
Here lists the steps for the issue bonds process
Create the bond information
Using CubeDrive, administrator can drag and drop to create a bond form which includes all the necessary information about bonds.
Now sale manager can enter the bond information or upload the bonds to the system. In general, the bond information are already saved in the 3rd-party system. CubeDrive allows business call 3rd-party to access the bond information quickly.
Sale managers sync edit investor's bookkeeping information
In general, sale managers enter investor's information in the Excel and shared among team members. CubeDrive allows them to sync edit those information with online spreadsheet. Multiple sale managers can view/edit the investor information. Based on the existing template, sale managers with right permission can quick fill the investor's data.
Convert investor information from sheet to form data
Once sale managers finish enter the investor information, it can be converted into form file which is attached to the bond. The following setup is configured to process this.
Generate payment notification
From the existing bookkeeping information, business can auto generate the payment notification. In the payment tab, user can process the investor's pay.
Payment tab is a master-detail form. A editor template is setup, and it is used for export WORD file. In general, sale manager downloads the payment report for each investor, it will be stamped and uploaded in here. A flow will be triggered to send out the email notification respectively.
Manager can export the investor payment notification as MS Word for stamp.
Report: data summary with pivot table
Through configure, a pivot table summary can be generated. For example, business can choose Sale Manager/type and group to generate the summary data.
Report: publish plan
Business can configure and generate an online editor as publish plan.
Business can process charts and other summary solution as needed.