1 About This Recipe
Use this recipe to manage customer requests for credit-line increases through Oracle Cloud Infrastructure Process Automation.
Note:
The recipe is meant only for guidance and is not warranted to be error-free.
Overview
This recipe provides a mechanism to manage credit-line increase requests, according to the policies of the issuing company.
To run the recipe, you must create a process application using the recipe, and configure the roles and other resources of the recipe. When a customer submits a credit-line increase request, the process flow of the recipe is triggered. It directs the request to a finance manager for approval of individual items in the request (credit history, default risk, and so on), and then to a Chief Financial Officer (CFO) for an overall approval. If the request is approved, the process flow can communicate the approval to an external system (for example, a finance application) for recording. For this, you’ll have to configure a connector to the third-party system. Finally, a confirmation message is sent to the customer’s email address.