Building Societies: iBS-BASS
Development Banks: iBS-FIS
Mortgage Banks: iBS-MBS
iBS Additional Compensation Function (iBS-ACF)
Add-on for calculating loss amounts
The iBS Additional Compensation Function (iBS-ACF) enhances the SAP for Banking industry solution by making it possible to calculate and post loss amounts for different loan-related business transactions, for example early payoff or withdrawal (in part or in full), directly in the system without any integration gaps. As a result, the time-consuming and often error-prone task of making duplicate entries, as required when using external calculation programs, is largely avoided.
Benefits
Comprehensive, field-proven standard software for loss calculation in SAP
- User-friendly, flexible processing without media breaks
- Seamless integration into SAP transactions payoff and withdrawal
- Eliminates the need for expensive additional applications and costly duplicate data maintenance
- Calculation methods certified by Fraunhofer Institute
- Flexible configuration options for mapping institute specific requirements
- Maintenance and further development by the manufacturer
Features
Comprehensive Loss Calculation
- Loss calculation according to compensation for interest loss/refinancing loss methods
- Consideration of legal and contractual termination rights
- Inclusion of definable risk and administrative costs
- Calculation of any premiums/discounts to be refunded
- Waiver function for authorized employees
- Automatic generation of statements containing calculation details
- Posting of loss amounts
- Result data supply for document creation
- Calculation of interest on arrears in the event of late repayments
Extend Features on Demand
- Simulative loss calculation for existing loans (e.g. for costing)
- Loss calculation for fictitious loans (e.g. for offers)
- Parallel calculation of different loss scenarios (e.g. to determine mandatory information according to the Mortgage Credit Directive)
Integration & Implementation
Integration & Implementation
iBS-ACF is a standalone function that integrates seamlessly into SAP's payoff and withdrawal business transactions.
- When a payoff is created, the loss amounts are automatically calculated and shown on a separate tab page within the SAP transaction workplace.
- For withdrawals iBS-ACF displays the results are presented in an application-specific interface with editing features.
In addition, iBS-ACF can be integrated in any processes, web portals and non-SAP applications via (web) services.
We are happy to assist you together with selected partners in the implementation and institution-specific configuration of the software.
