ERPstuff - Oracle EBS Community

Hi,

How can we record interest free loan to employee and then receive back in installments. We don't have HRMS or Payroll module, but have complete financials (AP, AR, FA, CM, GL)

Try using recurring invoices in AP. tks

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,
Rama