2 Enhancements

This topic provides an overview of the enhancements.

Table 2-1 Enhancements

Enhancement	Description
Functional Enhancements
Vendor Passthrough Support	A pass through is a portion of a payment received by a lessor from a lessee that is paid to a vendor. The payment that the lessor makes to the vendor is known as a pass through. Oracle Financial Services Lending and Leasing enabled to handle the pass through framework.
Transaction to enable/disable recurring fee (Periodic Fee)	Currently, FPMF - Fee Periodic Maintenance Fee can be configured to an account at the begin of the contract. There is no facility to start/ stop periodic fee during the servicing stage of the account. Introduced new set of transactions to start / stop periodic maintenance fee during the servicing stage.
Coverage Period in the statement. Print Statement Number in statements	Statement coverage period is printed to display the coverage period between two billing periods. Configurable Statement Number is printed in customer/ business statement.
Increase the field length of EMPLOYER name to 80	Increased the ‘Employer’ field length from 80 to 240 in Oracle Financial Services Lending and Leasing application.
Adverse action for Pre-screen Rejection Applications	System enhanced to support 'Stipulations' in App Entry stage also, so that the user can select stipulations during app entry stage and if application is rejected after selecting stipulations; the same reasons can be printed in adverse action letter.
Application EDIT based on ‘Suspicious’ flag	Oracle Financial Services Lending and Leasing enhanced to flag the customer as suspicious, and system can raise EDIT for the application for business review.
Lease - Gross Lease Receivable calculation - General Ledger	As part of International Financial Reporting Standards (IFRS)16, The ‘Gross Lease Receivable’ entries are passed to record general ledger transactions for the full value of the lease contract future payment including interest.
Primary Correspondence Change	Currently, correspondence is always sent to PRIMARY customer and there is no facility to change to other joint customer. Enhancement done to keep this flexible to change correspondence from Primary to other joint holders.
Number Generation – Statement, Customer, Business, Vendor & Producer	Provided the option to configure Customer, Vendor and Producer numbers using Number Generation framework.
Periodic Maintenance Fee – Start & Stop Transaction	Currently, FPMF - Fee Periodic Maintenance Fee can be configured to an account at the begin of the contract. There is no facility to start/ stop periodic fee during the servicing stage of the account. Introduced new transaction to start / stop periodic maintenance fee during the servicing stage.
Cross-Reference in References Tab	Added cross-reference field under Origination / Conversion Reference tab
Intelligent Segmentation	Leveraged Oracle Database Machine Learning Capability to Identify the Clusters/Segments (Queues) that can be created based on the Account data. Setup user can select the Company, branch and Account condition and view the Machine Learning Algorithm suggestion and have capability to create Queue for selected Cluster from this new Screen.
Oracle Guided Learning	In-application guides used in several in-application guides to orchestrate an ideal learning experience and deploy across any business process.
Technical Upgrades	Following jobs have been refined the processing logic to improve the performance: TAMPRC_BJ_100_01 OSTPRC_BJ_100_01 TXNPMT_BJ_100_01 GLDPRC_BJ_100_01 is now become 4 jobs. Redesigned following jobs, removed dependency on parent job: TXNACR_BJ_100_01 TABACC_BJ_100_01 Deprecated TXNACR_BJ_100_02 and TABACC_BJ_100_02 jobs.
Web Services Enhancements
Account GET Service	Included new tag 'Suspicious' at Customer/Business Details in 'Account GET service'.
Account Onboarding Service	Under 'References', added cross-reference number element.
	New web services added: Deficiency – POST, PUT, GET Create Customer - POST
	Existing 'Stipulations' POST & PUT service has enhanced with following changes: This service can load/update stipulations in application entry also. i.e., other than FUNDED, user will be able to add.

This topic contains the following subtopics:

• Vendor Passthrough Support for Lease
  This topic provides information about the vendor passthrough support for lease.
• Periodic Maintenance Fee – Start and Stop Transaction
  This topic provides the information about the periodic maintenance fee – start and stop transaction.
• Statement Coverage Period and Statement Number
  This topic provides the information about the statement coverage period and statement number.
• Increase Employer Length
  This topic provides the information about the increase employer length.
• Overview
  This topic provides an overview of Increase Employer Length.
• Description
  This topic provides a description of the increase employer length.
• Seed Data
  This topic provides the seed data information.
• Adverse Action for Pre-screen Rejection Applications
  This topic provides the information about the adverse action for pre-screen rejection applications.
• Application EDIT Based on ‘Suspicious’ Flag
  This topic provides the information about the application edit based on suspicious flag.
• Gross Lease Receivable
  This topic provides the information about the gross lease receivable.
• Primary Correspondence Change
  This topic provides the information about the primary correspondence change.
• Number Generation – Statement, Customer, Business, Vendor and Producer
  This topic provides the information about the number generation – statement, customer, business, vendor and producer.
• Cross-Reference in References Tab
  This topic provides the information about the Cross-Reference in references tab.
• Machine Learning for Servicing Queue Creation
  This topic provides the information about the machine learning for servicing queue creation.
• Oracle Guided Learning
  This topic provides an overview of the oracle guided learning.