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Siebel eFinance Guide > Commercial Loans > Administrator Procedures >

Setting Up an Approval Level

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Siebel eFinance supports an automated commercial loan approval process. The administrator is responsible for setting up a financial institution's approval levels and the corresponding approval stages. For example, an administrator may set two approval levels: one for commercial loans under one million dollars, the other for commercial loans over one million dollars. The approval level assigned to a loan request depends on the details of the loan.

To set up the approval level for a commercial loan

1. From the application-level menu, choose View > Site Map > Finance Administration > Commercial Loan.
2. Click the Approval Administration view tab.
3. To create a new approval level, add a record in the Approval Administration list, and complete the necessary fields.

   Some fields are described in the following table.

   Field	Comments
   Approval Level	Name for the approval level.
   Description	Describes which loans should be used with the approval level.

4. To add an approval stage, add a record in the Approval Stages list, and complete the necessary fields.

   Some fields are described in the following table.

   Field	Comments
   Executive	Indicates the contacts to add to the approval stage.
   Stage #	Shows the stage number.

   NOTE:  To modify an existing approval level, in the Approval Administration list, select a record in the Approval Administration list, and update the records in the Approval Stages list.

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