FINANCIAL SERVICES: ORIGINATION OF ACCOUNTS
SAP ACCOUNT ORIGINATION | SAP BRFPLUS AND SAP DSM DECISION SERVICE MANAGEMENT
A solution with all the necessary functionalities to automate your customer acquisition and financial product granting processes . The Origination of Accounts and financial products is carried out with the use of the latest technologies, dynamic definition of the process (BPM), business rules engine (BRF +, DSM) and workflow tools.
SAP ACCOUNT ORIGINATION | SAP BRFPLUS
SAP DSM DECISION SERVICE MANAGEMENT
NEED
The organization requires a solution to implement and manage various financial processes, this solution must:
IMPLEMENT
The process of inclusion and approval of clients and financial products with capabilities for the definition, design and publication of credit policies, comprehensive management of workflows, integration with legacy systems, core banking and risk centers.
MANAGE
The structure to control charges and operation profiles within the financial product sales and approval cycle.
ALLOW
Policy settings for escalation, flexible levels of attributions and exceptions.
OFFER
Integration with credit score systems or their implementation is a requirement for decision making.
SUPPORT
The Customer and Account Origination process to leverage solutions with business rule managers and decision engines implemented in solutions for BPM.
SOLUTION
The solution implemented by Actiobyte takes care of the customer bonding processes and the granting of financial products from start to finish (End-to-end). Integrated with the portfolio management module, it uses the configuration defined for the products and controls the Origination policies at the time of offering the financial products.
We implement the automation of the Origination process using Workflow tools and business rules engines and thus implement the escalation functions, task assignment, exception handling, authorizations and control of the process stages.
This component covers the process of approval and sale of financial products from start to finish. This is:
Analysis of Clients and Products - Allows the necessary data mining to be carried out for the behavioral analysis of the product portfolio delivered to clients and, in the same way, generate commercial campaigns to deepen the relationship with them.
Product Offer - It is integrated with the definition of financial products and presents them to users to allow their simulation, that is, the generation of the payment plan and the visualization of specific conditions.
Within the product offering, it integrates with the Credit Management modules to validate the qualification and profile of the existing client, validation of external bureaus and in general apply the credit policies of each entity.
Closing the Sale - After doing the simulation, Account Origination closes the sale, allowing you to attach and / or generate the necessary documents for its closing. Additionally, it creates the financial products contracted by the client in the integrated SAP modules that support the process. (CML Loan Management and IHC - Deposits Management)
MAIN FEATURES AVAILABLE:
ROLES AND USER INTERFACE
State-of-the-art interface so that the user can execute all its functions
Role-based administration to grant access permissions to functionalities as needed
PRODUCT OFFER
Individual products
Grouping of several products
Product relationship
MAINTENANCE
Customer informationINTEGRATION
From the master data of the products from Account Origination with the back-end systems
UTILIZATION
From DSM and / or BRF + (Decision Service Management) for validation of credit policies and business rulesUSE
From Leads to manage product quotes from customers and enable follow-up for these prospectsINTEGRATION
With workflow and BPM for process design and orchestration
The process is designed with information capture screens according to the Credit Request format and / or any financial product and will be routed through the different steps of the process by the workflow / BPM.
Following are the common steps
What will the workflow have and will cover the value chain of the credit approval process from filing to disbursement:
SIMULATION
(Pre-screen / Precheck) - In this process the different aspects of the credit conditions are simulated to accommodate the requirements of the requesting client.
RADICATION
In this step of the process, all or part of the credit application is captured. This step starts the worflow and will assign the first status of the request. In this step the Client, Internal Bureau and External Score will be validated. Based on these validations, you will be able to reject the request and / or continue the process according to the policies defined in the BBP phase of the project.
CHECK
In this step of the process, the pertinent information is displayed to perform an information verification and will allow the capture of the result of the verification. This step may be optional according to the credit policies that are specified.
VISITS
This step is optional and commonly used for loans to Companies or Legal Persons. Here the information of the credit application is displayed and allows to capture the result of the visit.
ANALYSIS
In this step, the credit analysis will be done with application of the policies defined for the process. Internal and External Bureaus (SARC) will be consulted, as well as the application of the attribution policies that are defined. It also allows the capture of the observations and qualification that the analyst gives to the studied request.
LEGALIZATION
In this step of the worklow it will be possible to enter the information for the disbursement and make the validation, check-list type, of the necessary documentation to be able to make the disbursement.
DISBURSEMENT
This step will be the last of the workflow and will be the one that allows the authorization of the payment or disbursement order with integration to the Portfolio Administration module
FIELD ORIGINATION
This process can be carried out supported by mobile technology, by predefining the information that must be captured on site and depending on the scope of the project that is defined, the best solution integrated with the support areas will be used.
Her organization
will have tangible benefits such as:
You will have a tool with all the necessary functionalities to automate your processes of customer acquisition and granting of financial products
It will have the dynamic definition of the process (BPM), business rules engine (BRF +) and workflow tools that guarantee the robustness of the solution using the latest technologies for customer Origination processes and financial products.
It will have integration with Portfolio modules, collections and external systems that make the solution fully operate all stages of the process
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