Siebel eFinance Guide > Products and Pricing > Administrator Procedures >

Creating a New Product

Before creating a new product in Siebel eFinance, end users must first create a product line. Then they can designate the products to be included in the product line and set up the scoring system a financial institution's agents will use to determine customers' needs.

Administrators have the job of creating new products. The Product Administration view is used to define the finance-related products that are recommended by the sales agents and used in customer needs analyses. For more details on defining products and product lines, see Product Administration Guide.

To create a new product line

  1. From the application-level menu, choose View > Site Map > Application Administration > Product Lines.
  2. In the Product Line list, add a record and complete the necessary fields.

    Some fields are described in the following table.

    Field
    Description
    Contracting
    Indicates whether the product line is offered on a contracting basis.
    Licensing
    Indicates whether the product line requires a license.
    Product Line
    Name of the product line.
    Products
    List of products associated with the product line.

To create a product

  1. From the application-level menu, choose View > Site Map > Product Administration > Product Administration.
  2. In the More Info form, click the show more button, add a record, and complete the necessary fields.

    Some fields are described in the following table.

    Field
    Description
    Application
    Check box to indicate if an application can be created for the product.
    Average Profit
    Average profit generated by product.
    Category
    Product grouping by asset, liability, or policy.
    Equivalent Product
    Products to be used in comparisons.
    Expertise Level
    Level of expertise of the associated employee.
    Experts
    Expert employee associated with the product.
    Product Code
    Number or code assigned to the product.
    Profit Rank
    Ranking of product by profit generation.
    Referral
    Check box to indicate referrals to be taken for this product.
    Region
    Geographic region using this product.
    Service Product
    Indicates service availability.
    Status
    Current availability of the product.

 Siebel eFinance Guide 
 Published: 20 October 2003