APPLYONLINE PROCESSING SOLUTIONS

Advanced Straight-Through Processing

ApplyOnline processing solutions deliver the most advanced straight-through processing model available. Production tested in the Australian marketplace, the extensive range of modules provide best practice processing solutions to meet your business needs.

ApplyOnline uses comprehensive automation together with integrated service level management, to increase efficiencies, reduce processing time & reduce cost. By natively incorporating LIXI standards, you are able to easily integrate service providers into your processing workflow.

Use ApplyOnline as a complete enterprise solution on its own or enhance your existing platform with specific modules.

Decrease costs

Extensive automation and reduced manual intervention result in dramatically lower processing costs

Manage Risk

High fidelity data coupled with advanced decisioning options ensure that risk is strictly managed in accordance with your credit policies.

Reduce Errors

Integrated checks and balances such as business rule based data validation work to significantly reduce error rate, and translate to your bottom line.

Fast, Predictable & Consistent Processing Times

Integrated service level reporting & monitoring enables you to identify bottlenecks or delays before they occur. Real-time escalation alerts enable you to pro-actively change your resource allocation to continue to deliver consistent, predictable processing outcomes.

Rapid Deployment

The intuitive browser based interface and flexible workflow combine to rapidly deliver benefits.

Outsource with Confidence

Easy service provider integration mean that you can easily outsource non-core processing functions, without losing overall control or visibility of the process

Integrate and Interoperate

A range of advanced integration options including web services, allows you to integrate and interoperate with existing systems to deliver solutions that work best for your business.

Automate Service Ordering

Order valuations or other third party services automatically, using easily configurable rules. Reduce latency in your processing and ensure that you utilise most cost effective services for the circumstance.

Eliminate Document Errors

By using an intelligent document engine, ApplyOnline removes documentation errors by ensuring relevant content for each application is automatically and dynamically included in documents.

Accelerate with true straight-through processing

The ApplyOnline platform implements true straight-through processing, from data capture through to settlement. Intelligent workflow routing speeds applications through your process and automatically engages with service providers and by using full two-way LIXI messaging, you have a constant real-time view of your application pipeline.

Advanced Assessment & Decisioning

Integrated calculation of assessment metrics is standard. Flexibly set tolerances for applications to determine those which can go straight through and those that require review. Our state of the art decision engine allows you to implement complex credit policies, while providing plain english explanations of how decisions were made.

Advanced Workflow Features

Our integrated workflow engine provides complete flexibility to implement your process, your way. Advanced features include: sophisticated routing mechanisms, workload balancers, geographic work allocation, skill matching work allocation, role delegation, advanced service level calculators & service level escalation alerts

Integrated Security

An integrated role-based security model ensures that system access rights are strictly controlled. Full audit trails ensure verifiable compliance.

Checks & Balances

In addition to total process transparency & reporting (including management dashboards), our processing solutions incorporate integrated checks and balances, to meet the highest standards of compliance.

Software as a Service (Saas)

NextGen's innovative ApplyOnline platform is delivered as a pure SaaS solution, securely providing you services using only an internet browser

Service Oriented Architecture (SOA)

The Service Oriented Architecture of ApplyOnline allows you to securely & easily interoperate with your existing internal platforms or other SaaS systems.

Intelligent Document Production

Our integrated intelligent document production engine allows you to produce all documentation required, including legal agreements.

LIXI Backchannel Enabled

All processing status updates are available as LIXI backchannel messages, ensuring that all parties (including sales channels) have real-time visibility of the applications progress.

Track & Trace

All steps of the process are tracked and monitored, particularly transfers to external service providers. Ensure no application ever disappears into a 'black hole'. Integrated LIXI backchannel messages ensure that all parties (and particularly the customer) have real-time visibility of your efficient process.

NEW: Integrated Document Verification

Using the decision engine, automatic checklists for supporting document verification are produced. Documents are viewed in the same browser based environment for sorting and check off, and are available throughout the processing lifecycle. Documents can even be made securely visible to service providers.

FAST FACTS

  • True LIXI enabled straight-through processing
  • Support for all types of lending including mortgages, non-conforming, personal loans, credit cards & equipment finance.
  • Support for all application types, including post-settlement variations
  • Market leading risk assessment, AML & know your customer integration
  • Advanced Decision Engine, with outcomes explained in plain english
  • Intelligent document production, including legal agreements
  • Fully managed "Software as a Service" delivery
  • Full integration with ApplyOnline Electronic Lodgement Solutions
  • Powered by the NextGen Network of managed business messaging.
  • NEW Integrated storage & verification of supporting documents.

AVAILABLE MODULES INCLUDE

  • Advanced Workflow Engine
  • Advanced Rules & Decision Engine
  • xGate LIXI Gateway Services
  • Structured DataMart
  • Automatic Ordering Rulebase
  • Supporting Document Management
  • Broker & Sales Channel Centre
  • Assessment Metric Calculators
  • Custom Scorecard Integration
  • AML / Know Your Customer Integration
  • Intelligent Document Production
  • Direct To Consumer Data Capture