Core Data Processing

Business Accounts for OnCore XP2

Business Accounts for OnCore XP2 from United Solutions Company delivers powerful business services in real-time. With Business Accounts for OnCore XP2, you can manage business accounts through the OnCore XP2 system with business-centric views, flexible options and extensive analysis capabilities.

Business Accounts for OnCore XP2 displays the key information your staff needs to make informed decisions about business accounts. You can automate processing of higher volumes of deposited items through automated check holds and float assignments, teller capture, and the production of electronic cash letters through third-party vendors.

Business Accounts for OnCore XP2 provides powerful account analysis capabilities, enabling you to create your own analysis program. The balance management feature automates the processing of multitier transfers and provides the ability to maintain balance thresholds. Business Accounts for OnCore XP2 delivers the expanded payment options necessary to book and service commercial loans, with the capability to manage Small Business Administration loans as well as purchased or sold participation loans within the OnCore XP2 platform.

Extensive reporting capabilities are available through the online super query tool and via an ad hoc reporting tool using either a Report Writer DB2 file or a special feature in the powerful data warehouse solution, Data Explorer™ for OnCore. Business Accounts for OnCore XP2 also produces analysis statements designed for business owners.

 

Lending Capabilites 

Business Accounts for OnCore XP2 delivers the expanded payment options necessary to book and service commercial loans, with the capability to manage Small Business Administration loans as well as purchased or sold participation loans within the OnCore XP2 platform.

  • Maximum flexibility with multiple, separate payment schedules for principal and interest
  • Expanded loan collateral options, with document tracking
  • Customizable loan risk ratings
  • Commercial loan approval and booking limits
  • Automated sold participation loan sales, payment spreading, tracking, reporting, and investor statements

 

Flexible Reporting Options

Extensive reporting capabilities are available through the online super query tool and via an ad-hoc reporting tool using either a Report Writer DB2 file or a special feature in Data Explorer for OnCore XP2. Business Accounts for OnCore XP2 also produces analysis statements designed for business owners.

Full Support for Business Accounts

Business Accounts for OnCore XP2 pages display the key information your employees need to make informed decisions about business accounts.

Details

Record key characteristics and contact information for each business, including date of organization, fiscal year-end, industry classification, goods sold, primary market, risk code, credit scores, and web address.

Relationships

Link principal individuals with businesses to indicate the extent of their ownership and liability.

Financials

Schedule credit reviews and generate automated follow-ups for business-level information such as tax returns and financial statements, as well as user defined categories through OnCore XP2 contact management.

Corporate Resolutions & Ownership

Define percentage of obligation for investors and guarantors by loan to improve accuracy in reporting on loans to a single borrower.

Financial Transaction Support

Business Accounts for OnCore XP2 facilitates the automated processing of higher volumes of deposited items through automated check holds and float assignments, teller capture, and the production of electronic cash letters through third-party vendors.Business Accounts for OnCore XP2 facilitates the automated processing of higher volumes of deposited items through automated check holds and float assignments, teller capture, and the production of electronic cash letters through third-party vendors.

Merchant Capture

  • Easy for your member business accounts to use
  • Secure transmission of deposit
  • Email confirmation with deposit totals

With Capture21.Org’s Merchant Capture solution via OnCore XP2, your merchant/business accounts will be able to prepare their deposits just as if they were walking into a branch.   

The merchant will run our software, enter the amount of the deposit, scan their items and click the export button.  Merchants are not required to key in any information about the checks.  It’s that easy for your business accounts to make deposits!

Account Analysis Features

  • Business Accounts for OnCore XP2 provides powerful account   analysis capabilities, enabling you to create your own analysis program.
  • Expanded list of tracked activity counters – including capture of strapped cash and rolled coin, foreign and local checks deposited by transaction
  • Ability for users to define and track services; for example, create courier service as a recurring charge in addition to the monthly fee
  • Analysis and pricing plans presented according to banking formulas, so you can provide side-by-side comparisons to prospective business account holders

Account Sweeps

Business Accounts for OnCore XP2 balance management automates the processing of multi-tiered transfers and provides the ability to maintain balance thresholds.