Softech Solutions, Inc. is excited to announce the availability of new functionality which may enhance your existing Credit Decision Management System. These enhancements have been running in a live production environment and have greatly assisted the customers involved in the day-to-day administration of CDM.
On-Line Classification Summary
The Classification Summary transaction provides the real-time ability to identify placement of queued applications within CDM. By simply inputting the desired Organization number, summary totals are displayed for the Work Queue by classification, as well as the Edit Queue. The user can then choose to transfer to the Edit Queue Summary (APES) transaction or to a specific Classification Summary (APCS) transaction. There is no longer any reason to wonder what the status is of your non-decisioned applications as the information is available at a glance.
The Type Transfer transaction provides the real-time ability to transfer an application from one type to another without re-keying the application data. Optionally, the user can transfer the associated memos and credit reports with the application data to the new Type. This function also allows a new "Credit Desired" amount to be entered. When the appropriate data has been transferred to the new Type, the user can be taken immediately to the Restart (APIR) transaction, or to the Application Maintenance (APIM) transaction. Imagine the time savings (your operators no longer have to re-key the application data), the accuracy of data (no input errors), the ability to retain memo data from the original application, and the ability to preserve the credit reports which you have already paid for!
The Source Statistics enhancement is a real-time sub-system supporting CDM processing. Within the sub-system, in-process, approved, and declined applications are statistically tracked by Input Source and Application Type on a daily, week-to-date, month-to-date, year-to-date, and month/year basis by their Combined Score. Twenty user defined Combined Score ranges are available to further analyze the decision process. A series of inquiry screens support the display and analysis of the statistical data. Statistics are captured by specific Source within Type, Source within all Types, all Sources within Type and all Sources within all Types. Approval and decline percentages are displayed as well as total number of applications submitted. A directory function is also provided displaying the same information by individual sources. Whether your sources are specific stores, promotions, regions, time zones, or other categories of applications, you can find out how your sources are performing and the track quality of the applications that are being submitted.
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