How about getting your major loan products configured and running in your new S4TRBK / SAP Banking system in a period of 4-6 weeks?
LeanThoughts can help you
With our lean implementation processes, you can execute your FIT-GAP analysis quickly. LeanThoughts has expertise multiple in full-cycle implementation of loans management based on both SAP Banking Services as well as on the SAP Banking Suite Edition 6.0 (CML). Our consultants have expertise in the following loan-related components of SAP Banking:
- Loan products
- Financial Conditions
- Disbursement processes
- Payment processes including outgoing payments, incoming payments and payment distribution
- Integration with FI-CA
- Integration with SAP Financial Accounting
- Loan Re-structuring business operations including Skip, Extension, Deferral, Capitalisation
- Renewals, Loan Closure
- Integration with Loan Origination Systems
LeanThoughts helps you manage the business processes in your new SAP banking system with minimal fuss.
LeanThoughts follows a custom-madeapproach in implementing your deposit products such as Current Accounts, Savings Accounts and Term Deposits quickly, so that you can focus on addressing technical challenges including integration with teller systems, payment systems etc.
SAP Deposits Management is a flexible bank accounting system for balance-based products of banks with a high number of accounts or a high volume of transactions. It includes a product configuration application, supporting the development of new products without much programming effort.
SAP Deposits Management also provides comprehensive functions for checking accounts, savings accounts, time deposits, and card management.
Our consultants at LeanThoughts bring expertise in various core banking modules, thereby enabling you to configure your core transactionbanking processes quick and accurate.
Our consultants have deep expertise in the following components of SAP Banking Services :
- Product configurator
- Payment Transaction Management
- Financial Condition management
- Automated posting control processing
- Exception handling using Post Processing Office Account settlement
- Cash concentration
- Product change
- Automatic correspondence
- Account statement
- Integration with Payment Engine
Collateral Management is not a standalone capability in banking business processes. It is a sub capability that is part of various lending processes in commercial and retail lines of business.
Collateral Management is not a standalone capability in banking business processes. It is a sub capability that is part of various lending processes in commercial and retail lines of business.
At LeanThoughts, our experts in SAP Collateral Management System (CMS) can help you realize your collateral related processes by defining your physical and financial collaterals, as well as structure your business processes such as collateral valuations, collateral release and substitution, and other collateral life-cycle operations.
SAP CMS is a centralized operational collateral management system that collateralizes receivables in various SAP and non-SAP receivable systems. SAP CMS is capable of managing the complete life cycle of collaterals from creation of collaterals to the various servicing operation till liquidation of the collateral. SAP CMS has three sub-components called Object Management, Collateral Agreements and Interface Receivable, which manages the complete functionality offered in CMS.
In the real world, objects like real estate property, vehicles, time deposits etc. can exist independently without references to any other entities. An object becomes collateral when an agreement based on that is signed between a lender and a borrower. This is the fundamental principle under which SAP CMS product is built.
Our consultants at LeanThoughts bring expertise in various core banking modules, thereby enabling you to configure your core transaction banking processes quickly and accurately.
Our consultants have deep expertise in the following components of SAP Banking:
- Physical Collateral Objects : Real Estate, Ships, Aircrafts, Collateral Object Bundles
- Guarantees
- Collateral Calculations and Reporting
- Financial Collateral Objects : Securities Account
- Process Control Framework
- Integration with Loans in CML and Loans Management in Banking Services
- Integration with Loan origination systems
SAP Master Contract Management is used in retail banking to realize processes such as Facilities, Combined Statement, Bundle Pricing and Overdraft Protection.
LeanThoughts can help you to streamline these processes with SAP Banking Services.
Our consultants help you map your business processes into SAP MCM by demonstrating sample processes in the system, so that your business analysts can quickly understand, appreciate and setup your processes.
Master Contract Management is a functional component in SAP Banking Services, which enables the handling of processes where multiple accounts are involved. It is a solution for business scenarios where a contract is required to act as an umbrella for the participating accounts (sub-accounts). At LeanThoughts, our consultants can help you with:
- Design, set up and run all business processes that requires master contracts that are multi-level, multi-entity, multi-system, multi-time zone, multi-currency capable
- Realizing business processes related to facilities and Line of Credit
- Realizing business processes for overdraft protection
- Design and deliver bundle pricing requirements in retail banking
- Set up combined statement requirements
Pricing in SAP Banking Services offers a functionality used by many applications located in different process such as account settlement, item processing or combined settlement (MCM).
The pricing module in SAP Banking is used for various levels of pricing such as product-specific price, customer-specific price, specific price agreements and individual price.
LeanThoughts can help you map your pricing requirements and business processes into the central pricing module in SAP Banking Services.Pricing defines product-related and customer related prices, which can be standard prices for customer segments or customer and contract-individual prices, as well as the rules how these prices are combined and inherited. Pricing is relevant for streamlining all financial servicessuch as contracts, transactions and events.
The pricing engine in SAP aims at offering a Bank one central point for price definition for any kind of contract, using financial conditions and business partner relevant processes like settlement.
Integrate pricing requirements to the Pricing engine in SAP Banking Services requires solid knowledge of the pricing components and financial conditions. Our consultants combine expertise gathered from multiple projects to help you centralize all pricing processes into the pricing engine in SAP Banking.