OFSLL Oracle Financial Services Lending and Leasing Origination Module enables companies to originate credit applications digitally via multiple inbound channels. Applications are processed and decisions are taken via a flexible workflow management system that can be custom configured to adhere to your company’s underwriting processes.
OFSLL can incorporate custom scorecards and interfaces with 3rd parties for decisioning and reporting. The OFSLL workflow also provides the lending institution the ability to add custom checklists, queues and conditions as well as pricing strategies. User responsibilities and administrative review and override parameters are also very granular and if needed, can be set at the field level.