Origination Module – Oracle Financial Services Lending and Leasing
OFSLL’s Origination Module allows financial institutions to accept, process and decision credit applications in a paperless mode, with a single data entry process. All of these applications are controlled by a flexible workflow management system that can be configured to reflect the step in the company’s underwriting processes. As part of the origination process, OFSLL provides the lending institution the ability to configure and change the workflow, plus add pricing strategies, user responsibilities and administrative override parameters.
Servicing Module – Oracle Financial Services Lending and Leasing
OFSLL’s Servicing Module allows institutions to manage all customer information in a centralized location to assure data integrity and to simplify the customer service and management processes. A unified customer record ensures that the entire relationship is always visible, allowing the institution to provide better customer service, resolve queries and improve service personnel productivity.
Collections Module – Oracle Financial Services Lending and Leasing –
OFSLL’s Collections Module offers a full-featured Lending/Leasing suite of capabilities that is the perfect fit for any financial institution interested in reducing delinquency, increasing collections on charged-off loans and streamlining processes, such as default management, bankruptcy, foreclosure, repossession and fraud tracking.