1.5 Supply Chain Finance
The following enhancements have been made in the supply chain finance module in this release.
Table 1-8 Enhancements in Supply Chain Finance
| Enhancements | Description |
|---|---|
| View Finances | Detailed inquiry of Finance displays charges applied on the same as an existing feature. This display of charges has been enhanced to show a deferred status if the charges are deferred by the bank user to be collected at a later stage. |
| Finance Repayment | The account drop-down available in the finance repayment screen is enhanced to have the access management capability applied to the drop-down. The drop-down will list only those accounts for which the user has access. |
Table 1-9 Enhancements in Trade Finance Conventional
| Enhancements | Description |
|---|---|
| Export Collection Initiation, Modify and Inquiry | New field of Settlement account has been introduced
in the screen to allow corporate users to input the desired
settlement account to receive the collection proceeds. User can
modify or edit the account as well. The account can also be queried
in view screen.
New fields to capture Invoice data is introduced while initiating export collection transaction as invoice is the main underlying document of an export trade arrangement. User should be able to capture multiple records of invoices. While modifying the transaction, user will be able to only view the invoice data. Inquiry screen will also list the captured invoice data. |
| Allow input of Preferred Exchange Rate | New feature was added to enable corporate users to input preferred exchange rate while providing collateral and charges. All the transactions where collateral and charges are available will support input of preferred rate and deal reference number. |
| Structured/Unstructured Address | As a regulatory compliance all the address fields
are updated to display Structured/Hybrid type of address on the
inquiry screens. The fields applicable for Structured/Hybrid and
unstructured will now be supported in the inquiry screens.
Structured/Hybrid address will be displayed if the same is
maintained for any party in the host system.
The Structured/unstructured and hybrid data fields are as follows-
The change is now incorporated for all the transaction screens. |
Table 1-10 Enhancements in Trade Finance Islamic
| Enhancements | Description |
|---|---|
| Export Collection Initiation, Modify and Inquiry | New field of Settlement account has been introduced
in the screen to allow corporate users to input the desired
settlement account to receive the collection proceeds. User can
modify or edit the account as well. The account can also be queried
in view screen.
New fields to capture Invoice data is introduced while initiating export collection transaction as invoice is the main underlying document of an export trade arrangement. User should be able to capture multiple records of invoices. While modifying the transaction, user will be able to only view the invoice data. Inquiry screen will also list the captured invoice data. |
| Allow input of Preferred Exchange Rate | New feature was added to enable corporate users to input preferred exchange rate while providing collateral and charges. All the transactions where collateral and charges are available will support input of preferred rate and deal reference number. |
| Structured/Unstructured Address | As a regulatory compliance all the address fields
are updated to display Structured/Hybrid type of address on the
inquiry screens. The fields applicable for Structured/Hybrid and
unstructured will now be supported in the inquiry screens.
Structured/Hybrid address will be displayed if the same is
maintained for any party in the host system.
The Structured/unstructured and hybrid data fields are as follows-
The change is now incorporated for all the transaction screens. |
Parent topic: Features and Enhancements