I would appreciate if anyone can tell me about oracle Loans. can we use oracle loans with 11i or is it only with R12? I would appreciate if someone can post some issues while using or installing Oralce loans?

hello..plz can u tell me wat is oracle loans

Hi neelamdwivedi84,

oracle loans manages the complete lending cycle from loan origination, through final repayment.

Oracle loans gives you powerful tools to simplify the origination process so that borrowers get the right loan every time, streamlines loan servicing for improved customer service, and gives you a complete and accurate view of your portfolio so that you make well-informed lending decisions.


Benefits r....

Streamline the lending process :

oracle loans enables lending organizations and government agencies to standardize the loan origination and management processes and to centralize customer information across origination, credit, servicing and collections departments.

Mitigate risk with configurable loan products :

oracle loans provides controls for each loan program and the flexibility for the loan officer to determine the best loan product for a specific borrower.

Lower loan servicing costs and improve customer satisfaction :

with oracle loans, loan agents have immediate access to critical loan information and short cuts to common tasks and loan information requests-all from a central screen. They also have quick access to billing and payment details for problem resolution and can review all statements for billing clarity.

Thanks & regards,
Riju.

Oracle Loans enables you to manage the complete lending cycle with one system. From loan origination, through final repayment, Oracle Loans is a comprehensive application that leverages the power of the Oracle E-Business Suite. It gives you powerful tools to simplify the origination process so that borrowers get the right loan every time. It streamlines loan servicing so that customers are best served. And it gives you a complete and accurate view of your portfolio so that you make informed lending decisions.