APP (Aldermore Proposal Portal) - Banking & Savings …€¦ · · 2014-12-04|Introduction Welcome to the Aldermore Proposal Portal The Aldermore Proposal Portal (The APP) is designed

How to load and edit your proposals, fast.

APP (Aldermore Proposal Portal)

1. Introduction

2. How to load a proposal

3. Editing an existing proposal

Contents

| Introduction

Welcome to the Aldermore Proposal Portal

The Aldermore Proposal Portal (The APP) is designed to streamline the communications between us, improving all aspects of our service delivery to you and your customers.

The APP will have a number of significant features including:• Quick online Proposal capability• Online calculation capability within the system for repayments and commission• Faster Credit decisioning• Full visibility online to the progress of your proposal and documentation• Online documentation pre-populated by the system

Lets start!

Introduction

| How to load a new proposal

How to load a new proposal

Creating a proposal couldn’t be easier

There’s one screen and you just fill in the blanks and submit. You will be notified of the decision and can then produce documents yourself using the details you have already loaded.

ProposalIncludingpricing

1 2 DecisionOr more information requests

3 DocumentsComplete a few details and print


Accessing the Portal

The APP is a web based portal, so you will need to access the internet and use the URL below to reach the log in screen.

www.aldermore-app.co.uk

Every user will have an individual log in that will drive the options available to you when using the APP.

We support browsers Internet Explorer 8 or later, Chrome, Firefox, Maxthon, Lunascape 6, Avant, Comodo Dragon, SRWareIron and Flash Peak

Loading a proposal

This is the first screen you will see, from here you can either create a new proposal or view existing proposals.

If you click the search button without entering any parameters all of the deals for your business will be displayed.

To load a proposal click on the New Proposal button


Loading a proposal – client

To load a proposal you complete the fields requested working down the screen.

Select Limited or Unlimited input the customer name or registration number press search.

Either your customer details will auto populate if the target has been successfully identified or you select from the list provided and Validate.

For Non-Limited business use the trading style here if there is one as you will enter individual names later in the process. If there is no trading style enter the traders names.


Loading a proposal – proposal header

The proposal name can be used to search for your proposal once it has been loaded. For loans this should be the purpose of the Loan.

Select the finance type and product you want to propose.

Input your own reference if you have one.


Loading a proposal – asset

Select your Asset Category and Type from the drop down menus.

If you have serial numbers or registration details you can load them here or add them later for documentation.

Next input the total net value of the first asset, along with any balloon or RV value if there is one.

If you know the manufacturer select from the list provided or select Other and complete the Other Manufacturer box.


Loading a proposal – asset

If you know the Supplier details you can record them here. If it is a regular supplier use the binoculars and input the company name and search to populate – or use Add Supplier and input the company name to search the wider database.

Type the Model details into this box and this will appear on your documents.

Select New/Used/Refurb from the drop down menu and add the Year of Manufacturer.

The other fields can be used as required for your particular proposal.


Loading a proposal – multiple assets

If you are loading multiple assets which can be used for documentation raising when this is available simply click on the Add button and the fields will be cleared so you can complete them again with the new details.

The first asset will then appear on the List of Asset box and can be accessed but clicking on them to view the details.

A full description of the assets needs to go in the Model box for the first asset so this appears on your decision template from our Underwriters – subsequent descriptions can be for individual assets.


Loading a proposal – financial quote

Your asset cost will populate based on the asset cost already loaded. The VAT will auto calculate but can be edited.

Input your deposit amount if appropriate.

Subsidy will pull through from the asset screen.

The next fields relate to the deal structure i.e. 3+33 or 1+59 etc. Next check the frequency. The term will auto complete based on the earlier fields.

You can add a VAT deferral using the VAT deferment date field if required, remember to amend your deposit value accordingly.


Loading a proposal – financial quote

You can now input your quote criteria, rental value, Margin or Yield, Balloon etc then click on the bulb of the field you want to calculate.

The rate results will then be displayed on the panel on the right hand side of the screen.

Different verticals will have slightly different variables based on their specific needs.

You can check the fees in the Services panel at the bottom and make any changes by over typing.


Loading a proposal – parties and individuals

Partnerships where there are 3 or less and sole traders will need to be added here for KYC & documentation purposes – when these enhancements are added.

Guarantor or Buyback party details will need to be added here also.

Select Add, then the role from the drop down menu.

If it is a regular business partner use the binoculars and input the company name and search to populate – or use Add Actor and input the company name to search the wider database.


Loading a proposal – parties and individuals

Select Limited or Non-Limited from the drop down menu. Input the name of the business or individual based on the fields presented.

If it is a limited business you can use the search function to complete the remaining details, otherwise complete the address details and Save at the bottom to add to your proposal.


Loading a proposal – notes

Notes added here can be viewed at any point during the proposal process by any one looking at the deal including the Underwriters.

This text will appear in any e-mails that are produced as a result of a decision.


Loading a proposal – document tracking

If you want to add a document (accounts or your proposal details maybe) go to the document tracking section at the bottom of the screen.

Select Add, then add a document ID, date and then browse to view your documents to add them to the proposal. You can also add a description if you want to.

Save between documents if you are adding multiples.

To review the document use the View Document button.


Submitting a proposal

Once you have added all your data and any documents to your proposal press Save at the top of the screen.

You will then see a proposal number in the top right hand corner, this stays with the proposal throughout the process.

If any information is missing you will get an error message asking you to make a correction.

Now you submit your proposal to our Underwriters using the Submit option of the menu on the left of your screen.


Submitting a proposal

Once you submitted the proposal you will need to view the Decision and Step fields to see whether the proposal has been submitted.

The following pages show you the possible outcomes and any action then required.


Communications

Step Communication

Deal Created The proposal has been created but not submitted for a decision

Out of Policy Call your Internal Account Manager – this relates to the asset policy

EXP_Submitted You will receive confirmation of receipt of your proposal

EXP_Manual AcceptYou will receive confirmation of acceptance with reference to the APP for details once the proposal has been reviewed

EXP_Review You will receive confirmation of receipt of your proposal

EXP_Conditional Accept You will receive confirmation of acceptance with reference to the APP for details once the proposal has been reviewed

EXP_DeclineYou will receive an e-mail referring you to the APP for details of why your proposal has been declined – you can resubmit with additional information or give you Account Manager a call

EXP_Decline Refer You will receive confirmation of receipt of your proposal


Communications

Step Communication

EXP_AM info Required Our Asset Management team are reviewing the asset details

EXP_Int Refer You will receive confirmation of receipt of your proposal

EXP_More Info RequestedYou will receive an e-mail detailing what information is required to proceed with your proposal once it has been reviewed

EXP_More Info Received Confirmation that information has been received and your proposal is being reviewed

EXP_Cancelled The proposal has been cancelled

EXP_Manual DeclineYou will receive an e-mail referring you to the APP for details of why your proposal has been declined

Acceptance E-mail Sent You should have received an e-mail confirming acceptance

More Info E-Mail Sent You should have receive an e-mail detailing what info is needed

Decline E-Mail Sent You should have received an e-mail confirming decline reasons


Communications

Step Communication

UnlockThe proposal needs action to move it to a status where some action will be taken – either resubmit or decline notified

Docs Review Confirmation that documents have been received and checks are being completed

Docs Incomplete You will receive an e-mail that will details what is required for proceed with payment

Awaiting Invoice You will receive an e-mail that will details what is required for proceed with payment

Ready Payout This proposal is having it’s final checks before funds are released

OK/In Life You will receive an e-mail confirming funds have been released

Archived This proposal has been archived

ExpiredThe Proposal has expired. Acceptances are valid for 90 days but can be extended by 30 days if required and notified before expiry


Editing a Proposal

If you want to make changes to a proposal you can modify the deal which releases some fields to be amended so the proposal can be resubmitted to the Underwriters.

In some cases the fields are locked down once a decision has been received and so a Significant Modification would be required, which releases further fields.

| Editing a Proposal

Help

| Help

If you need any assistance in using the portal please call your usual contact at Aldermore who will be able to assist you with any queries.