Wholesale Finance Systems
Workflow Management
The system allows the user to define rules for routing manual work items such as unit purchase requests. Workflow functionality enables the finance company to assign, schedule and track unit-related tasks in the new business area. WFSv6 is able to separate and route funding decisions based on the unit’s ‘credit status’, helping to facilitate high volume processing for maximum profitability, whilst minimising risk exposure.
Only the exceptions that require staff attention are flagged by the system, for example if a unit falls outside pre-defined funding criteria it may be referred for qualitative decision making or placed in a work queue to be checked later or automatically re-submitted.