U08 Application
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U08 Application

U08 Application

Options

  • New
    • Table of contents, introduction, and option selection menus
  • Application Tabs
    • Table of contents, introduction, and option selection menus
  • Application Assets
    • Table of contents, introduction, and option selection menus
  • Application Asset Tabs
    • Table of contents, introduction, and option selection menus
  • Book Requirements
    • Table of contents, introduction, and option selection menus
  • Status Transfer
    • Table of contents, introduction, and option selection menus

Introduction

The Application update [U0801] is part of the Application Tracking module, a separately purchased module of LeasePak. The Application Tracking module is used to process and track an application from proposal to completion.

Benefits of the Application Tracking module include:

  • Tracking an application from entry into the system to the time it is booked, declined or withdrawn;
  • Salesperson prospect tracking
  • Credit investigation and approval tracking
  • Documentation tracking
  • IDC/IDR tracking
  • Additional client definable tracking
  • Data entry in stages from the initial submission to the fully defined contract and assets prior to booking
  • Definable data entry requirements for each application status
  • Data entry required only when status is changed
  • Summary of incomplete data entry requirements for booking
  • Search to avoid duplicate applications
  • Lessee application history, including pending and rejected
  • Ability to delete an application entered in error
  • Lessee/lease history, including active and terminated
  • Customer, lessee, guarantor credit exposure/performance
  • Work schedule / note recording (follow-ups)
  • Established credit line and auto-approval limits on customers and lessees
  • Credit analyst approval limits
  • User definable lessee, application, and asset fields
  • Activity, productivity and exception reporting
  • Maintenence of multiple assets attached to the application

 

Application Menu

The Application Tracking screen is accessed either through the Tracking menu, Application option or by entering [U0801] from the Fast Menu.


Once inside the Application Tracking screen, the Application menu displays several options.

  • Application, allows the user several options when entering an application; New, Change, View and Delete.

  • Assets, associates pending assets to the application being entered.

  • Multi Asset Maintanece, allows the user to view/update multiple assets attached to the an application that is not in an approved 'Axxx' status.

  • Documents and Tasks, generates predefined document templates and establishes and tracks tasks associated with the application.

  • Enhanced IDC/IDR, establishes additional IDC/IDR information for the application.

  • Insurance allows the detailed insurance related information to be entered for the application.

  • Credit Bureau (This functionality is different from Credit Bureau Reporting/Credit Bureau Export Metro 2 Format and is not currently available)

  • Data Entry Requirements establishes required user defined fields.

  • Book Requirements verifies fields and data required for LeasePak to book an application.

  • Client Exposure calculates the financial exposure for all clients associated with the application.

  • Import Pricing option (this functionality is not currently available).