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Two main modules of the eLoan System:
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Loan Origination -
Base
Module
This module contains the core functions of the eLoan System.
It starts with the creation of new loan applications and ends
with the automated generation of the Letter of Offer for signing by
clients. During the course of processing a loan application,
multiple approval levels are involved. For efficient routing and management
of this process, our eLoan system leverages on the capabilities of the Lotus
Domino Workflow engine. This engine enables all loan processing activities
to be tracked and monitored.
It supports the Application, Evaluation, Decision, Acceptance and
Appeal phases of the origination process.
The add-on module focus on monitoring and tracking the status of the various
documentation that is being routed between the solicitor and bank. This
module takes over where the Base Module left off. Basically this Loan Documentation and Disbursement
Module encompasses process of signing of the Letter of Offer by the client
to the actual disbursement of the loan to the developer or seller.
This module also leverages on the capabilities of the Lotus Domino Workflow
engine to track all related activities.
For both modules, many supporting and system
generated documents and letters are involved. It can be a very tedious and cumbersome to keep track
of every single document manually. For this reason, we have incorporated Lotus
Domino. Doc document management system into our eLoan software. This enables
the bank to effectively monitor and track every document for each and every
loan process. The Lotus Domino. Doc document management system is integrated
with the Lotus Domino Workflow engine to enable users to access to documents
stored in the system quickly, easily and seamlessly. |