Maintaining Program Level Parameters

A program is a linkage of a buyer to one or more suppliers or linkage of a supplier to one or more buyers. Your bank may want to create a new program for financing along with its attributes.

This screen is divided into three tabs: Basic Information, Finance Parameters and Link Spokes.

Navigation Path: Supply Chain Finance > Maintenance > Program Parameters > Create/ View

Basic Information

Field Name	Description
Program Code	Unique code to identify Program.
Program Name	Description of the program.
Product	To be selected from the list of products maintained in the product master.
Anchor	Anchor for the program. An anchor can be a customer or a non-customer.
Effective from	Date from which the Program is effective.
Expires On	Date up to which the program is valid.
Auto Acceptance Applicable	Whether Auto acceptance is applicable for this program.
Reconciliation towards	When a payment is received, should the payment be reconciled with a finance or an invoice.
Auto Acceptance Days	Days after which the invoice under this program will get auto accepted. This will be shown only if Auto acceptance Applicable is selected as Yes.

After input of Basic Information, user can click on Finance Parameters tab.

Finance Parameters

Field Name	Description
Auto Finance Applicable	This should be selected if auto financing under this program needs to be enabled.
Preferred Disbursement Mode	Preferred mode of disbursement. Options appear from the allowed mode of disbursement in system parameters.
Auto Settlement Applicable	This should be selected if auto settlement under this program needs to be enabled.
Preferred Settlement Mode	Preferred mode of settlement. Options appear from the allowed mode of settlement in system parameters.
Min Finance Percentage	Minimum Finance percentage allowed for financing a transaction under this program.
Max Finance Percentage	Maximum Finance percentage allowed for financing a transaction under this program.
Min Tenor (Days)	Minimum tenor allowed for financing a transaction under this program.
Max Tenor (Days)	Maximum tenor allowed for financing a transaction under this program.
With Recourse	Whether finance under this program should be with recourse or without recourse.
Disbursement Ccy	Currency in which the finance should be disbursed.
Authorization Required	Whether manual authorization is required under this program.

After input of finance parameters, user can click on next tab “Link Spokes”. Here you can link multiple spokes/ counterparties to the anchor.

Link Spokes

Field Name	Description
Spoke	Spoke for the program. A spoke can be a customer or a non-customer.
Auto Finance Applicable	This should be selected if auto financing under this program for this spoke needs to be enabled.
Preferred Disbursement Mode	Preferred mode of disbursement under this program for this spoke.
Auto Settlement Applicable	This should be selected if auto settlement under this spoke needs to be enabled.
Preferred Settlement Mode	Preferred mode of settlement under this program for this spoke.
Min Finance %	Minimum Finance percentage allowed for financing a transaction under this program for this spoke.
Max Finance %	Maximum Finance percentage allowed for financing a transaction under this program for this spoke.
Min Tenor (Days)	Minimum tenor allowed for financing a transaction under this program for this spoke.
Max Tenor (Days)	Maximum tenor allowed for financing a transaction under this program for this spoke.
With Recourse	Whether finance under this program for this spoke is with recourse or without recourse.
Disbursement Ccy	Currency in which the amount should be disbursed for a finance under this program for this spoke.
Authorization Required	Whether manual authorization is required for this spoke.
Reconciliation towards	When a payment is received, should the payment be reconciled with a finance or an invoice.

After linking the spokes, user can save the program and authorizer can authorize the program.

Search Program

User can search existing products based on the attributes such as Product Code, Product Description, Product Type, Product Category, Debtor, Auth Status, and Record Status.

On searching a product, user can modify all attributes except Branch and Product Code. A record cannot be modified if there is an active transaction or an unsettled finance exists.