Bill Finance application for a major international bank provides the complete functionality to handle the entire set of operations required from the creation of the loan to complete payoff of loans. Specifically, the Bill Finance application provides the bank with operations related to a Bills Finance transaction. Bank officials can access the system via the Intranet and create transactions for customers in different locations, different currencies, and different methods of interest calculations. A customer may also rollover, amend, and pay the payment through the Bill Finance application. By interfacing with the legacy systems seamlessly, users of the system benefit from the ease of use and common interface of web based applications.

        Supported Bill Finance Operations include:

• Creation of a transaction
• Accrual/amortization of interest on a transaction
• Amendment of a tranaction
• Rollover of a transaction
• Partial and full repayment of principal
• Periodic payment of interest.
• Past due processing
• Buying and selling participation
• Generating accounting entries
• Interface to external management, customer, accounting, feed information systems