Workflow

The AFS approach: logic, order, risk avoidance, results.

Lending is all about processes, whether that means gathering information to approve credit or taking the steps necessary to book a loan. Workflow within AFSVision ensures that tasks are done in a consistent, unified, efficient, and risk-averse manner, using the policies as defined by your Bank.

“With AFSVision, I’ve seen dramatic reduction in ‘fee leakage.’ The system ensures that fees are being collected or waived properly.”

AFSVision supplies a configurable workflow engine developed with detailed input from your Bank for the incorporation of your credit policy and other proprietary requirements for credit approval, including those related to:

• Information gathering
• Financial analysis
• Risk assessment
• Statement spreading
• Underwriting
• Credit memo preparation
• Decisioning

Once configured, workflow rules control the process, guiding when work moves from stage to stage, with the built-in flexibility to respond to shifting priorities, changing timelines, and market demands.
 
AFS uses this logical workflow approach to include other Bank-specific processes for:

• Booking
• Takedowns
• Renewals
• Fees
• Repricings
• Rate modifications
• Risk grade changes
• Pricing grid rate changes
• Collateral release
• Nonaccrual processing
• Collections/recovery activities

AFSVision gathers and integrates information from internal and external sources to facilitate the entire loan process. Less staff time is required for manually intensive error research and resolution, leaving your staff freer to address more customer-facing, revenue-generating activities.
 
Significantly reduce manual hand-offs and bring efficiency, transparency, and accuracy to lending, all while reducing costs—only with AFSVision.