Flow Credit Process Platform
Handles the complete origination process
Handles financial analysis and advisory
Core ledger
Handles lifecycle management of loans and credits
Stacc Corporate Lending covers the complete origination process including digital and automated application, onboarding, and credit process including automatic retrieval and processing of data from 3rd party sources like KYC, AML, PEP and sanction list controls, credit score and calculation of loan serviceability.
The solution includes flexible rules that govern the degree of automation and score each loan application according to the "traffic light principle”: green (automatic approval), yellow (requires manual processing), or red (automatic rejection).
For applications scored as “green”, the solution automatically generates relevant loan documents and sends these for digital signing. The solution also handles all interaction with the customer and any sales agent during the process.
Make better credit decisions faster and easier
For many years, corporate lending has lagged behind retail lending and mortgages in terms of system support.
Many banks still operate with highly manual processes, which drive costs and increase risk of non-compliance. Simultaneously, new regulatory requirements and higher customer expectations require efficient, standardized and automated credit processes.
Stacc Corporate Lending comes with a case management solution for manual case handling of “yellow” applications including integrated services for financial analysis and decision support. All roles involved in the corporate lending process operate in the same case management interface, where tasks are automatically allocated to the right role, according to the defined process. The result is significant boost in efficiency, quality and audit trail.
significant benefits
Here's what makes our solution stand out
Navigator by design
The solution constantly informs and guides the case handlers about which tasks must be done, and in what order. Process-oriented case management eliminates the need for substantial training and specialist skills to be able to use the solution - they can focus on being good advisors and credit experts.
Automated follow ups
The system takes care of all the need for follow-up, reminders, notifications, and deadlines - timer functions provide automatic notifications and task allocations.
No more paper moving
Automated document production and document completion, with digital signing by all parties.
Any type of company in any situation
The solution calculates key figures and creates forecasts for individual companies, sole proprietorships, subsidiaries and groups of companies. The financial analysis enables the advisor to simulate future outcomes and risks, in order to calculate serviceability, either the company is a start-up, a company in crisis or a company investing in new growth opportunities.
Any product – any type of pledge
Examples of supported products are; agriculture loans, Start-up loans, term loans, revolving credits, bank guarantees, export credits, syndications. Also, combinations of loan products, grant and guarantee products fully supported. The system has ready-made judicial registration for more than 30 types of pledges, including all types of movables and real estate.
Efficient end-user involvement
Assign tasks to the customer directly though the interface when needed– when the task is completed, the case gets reallocated to case manager including relevant notifications.
Add whatever integrations that suit your needs
The solution easily integrates with internal and external used to provide decision support and information as part of case management, as well as storage of updated data for archival purposes.
Self-service portal
Self-service portal for changes in products, interest rates, business rules and more: case managers/super users have a interface where they can adjust products and process, directly to production without involving Stacc.
Powered by Microsoft
Stacc Core is based on the Microsoft Dynamics 365 Business Central platform, which is compatible with other Microsoft products like Windows, Office, and Power BI.
The solution includes the following overall functions:
Ledger
Disbursement of loans and credits
Automated lifecycle of loans and credits
Integrated accounting solution
Standardised web platform
Role-based access
User friendly GUI, responsive design
Highly automated lifecycle handling
Compliance built-in
Integrated accounting solution
Security by design
API-first strategy
3rd party plugins
Cloud ready, multi-country, multi-currency
The disbursement process
If you want to use Stacc Core, the granted loan or credit is automatically created in the core solution after the documents are signed. Core will then handle the complete life cycle management of loans and credits from disbursement to full repayment.
The disbursement process consists of the following steps:
1
Account opening including automatic assignment of a loan account number
2
Registration of roles and customer data in the customer register
3
Registration of collateral in the collateral module
4
Calculation of repayment plan
5
Registration of the repayment plan in the due register
6
Transfer of money and eventually repayment of other loans
7
Bookkeeping in the integrated accounting solution
8
Handling of over and underpayments
Hassle-free operations
Stacc Core includes various forms of processes to be run periodically.
Most of the processes are run automatically at a fixed interval and at a given time, while other jobs can be started manually if you want to perform a 4-eye control:
Payouts of loans
Calculation of interest & fees
Interest changes
Invoicing
Reminders
Payments
Debt collection
Accounting
Loss write-offs
Customer statements
Termination
Tax reporting
Full overview
Stacc Core consist of a dashboard in responsive design that provides a full overview of the status of the various processes, whether it is planned, ongoing or jobs that have failed.
The dashboard has drill down options that show details of what has failed, and you can correct the error there and then. In this way, you do not have to spend a lot of unnecessary time searching for errors, you can stay ahead of situations, avoid complaints and improve customer satisfaction.
Supporting digital services
Based on API’s, straight through processing and real-time updates, Stacc Core is highly suitable for offering omnichannel services such as:
My page customer view
Digital documents
Application for payment-free period
Extraordinary payments of loans
Change of debit account
Change of due date
Change of term amount
CONTACT SALES
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