Proposal Details - In this section you can view the main information about your Proposal such as the Term, Credit information, Introducer(s)/Funder(s). Here you can also progress status of your Proposal using the ‘Proposal Status’ dropdown.
Notes - The section at the top of the Proposals screen allows you to quickly record notes about the Proposal. Simply type the note in this box and hit the return key to save the note. All saved notes can be viewed in the Notes/History section of the Proposal screen:
Introducer - Here you can select who introduced the Proposal to your company. If this was completed via a portal, this information will be populated automatically.
Finance Product - This information is pulled through from what has been entered on the portal or quote. It will match the details that the customer has been quoted.
Proposal Status - This is the status of the Proposal. You can change this status as the Proposal progresses
Advance - This is the financial amount the customer has requested to borrow. This is pulled through from the lead on the portal system.
Term - This is the number of months that the customer has been quoted for the repayment of the total amount borrowed.
Profile - This is the payment profile of the agreement
Regular Payments - This is the number of payments and amount to be paid each time.
Final Payment - If there is a final payment for the agreement this figure will be shown here.
Note: Accelerate may have an integration with your back end software for managing agreements and a credit search. If an integration does exist, this information will be pulled through from there.
Asset Details - The asset details section will pull through from what has been entered on the portal. This is not editable.
Company Details - This section is used to update any missing information on the Proposal. Before being submitted, the user should have entered as much information as they could on the portal.
If needed - you can click the 'Company Register' button to be taken to the companies house page for that company to double check the information.
Directors - These are pulled through from the information entered on the portal.
Existing Contract - If this company has any existing contracts, the information will be displayed here
Guarantors - This information is pulled through from what's entered on the portal.
Uploaded Documents - If any documents were uploaded onto the portal, they will be pulled through here. You can also add any further documents need via drag and drop here, or by simply clicking 'Choose files'.
Making the decision - Once you've reviewed all the information on the Proposal, it's time to make the decision! At the top of the Proposal details section, you can choose to either: Add Sub Proposal, Refer, Decline or Approve the Proposal:
Approval - To approve the Proposal, you'll need need to click the 'Approve button' at the top of the Proposal details section.
After clicking 'Approve' the following menu will be displayed:
When you're happy with everything - click the 'Approve' button.
Decline - To decline the Proposal, you'll need need to click the 'Decline button' at the top of the Proposal details section.
After clicking 'Decline' the following menu will be displayed:
You have to select a decline reason (these can be edited in the underwriting settings, more details can be found here.), and you can add any comments you want too.
Then you just need to choose the Proposal status that the Proposal need to go to and hit the 'Decline' button.
Refer - Referring a Proposal is used when you either don't have the permission or the expertise to approve the Proposal yourself, or when you need to ask the customer (or their Account Manager) for a bit more information. To refer the Proposal to the appropriate person, click the 'Refer' button and the following menu will be displayed:
You first need to select the person that you're referring the Proposal to (this person must have the underwriting permission on their account). If you're referring the Proposal to the Account Manager for further information, you can leave this field blank.
You then have to to select the the referral reason. After you've filled out this information, you need to choose which Proposal status to use, and click the ‘Refer’ button. When you refer this to another underwriter they will get notified automatically by the system.
Sub Proposals - If you decide that you can only fund part of the Proposal, and must use a third party you can click the 'Add Sub Proposals' button and the following menu will be displayed:
On this screen you can choose who the 3rd party funder(s) would be. The list is populated from the funders list. The amount proposed is how much of the original amount requested is going to be funded by the third party. The status can be used to track the status of a Sub-Proposal.
