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