Setting up the application configuration wizard

The Application Configuration Wizard allows you to define the steps involved in the loan origination and underwriting process as per your requirement in the non-Skuid enabled version of Q2 Origination. Each step is a Visualforce page. Using the wizard, you can dynamically manage all of your business requests faster and with more consistency. The values of the field Type in the Application Config wizard map to the record type name. Therefore, if you create an application for the record type Loan, then all the config records whose Type = Loan are picked up to define the loan application flow.

A default application workflow is provided for originating Loan, Lease and LOC contracts. You can retain the flows you need and delete the rest. Or, you can create an application flow based on your custom requirements. 

You can configure the steps and their sequence to define the underwriting workflow.  The view of the application workflow for each role is customizable by editing the Profiles and Permissions. For example, you may define the overall loan application processing sequence as entering application details, attaching parties, doing a credit pull, scoring the application, and pricing it, followed by contract approval and creation. In this flow, you may configure the Sales Rep profile to see only the application details, while the user doing credit pull could also see the credit pull and other tabs.

Each configuration describes a step in the workflow. You must define a continuous sequence of configurations to define the overall flow. You can also add a custom step in the origination and underwriting workflow configuration. Refer to the procedure below.

Deprecated from Q2 Origination version 2.2009

Prerequisites

The following configurations are a prerequisite to configuring the Application Wizard:

• Lending Product

• Scorecard

• Checklist

• Document Templates (for example, DDPs if Drawloop is used)

Steps

Perform the following steps to configure the Application Wizard:

1. Log in to your Salesforce account.

2. Go to Origination Configuration > Company and Application Setup > Application Setup .

3. Select Application Configuration Wizard.

4. In the page that appears, select New Application Wizard Config.

5. Specify the Back Button Text. This indicates the preceding page or step of the workflow to navigate to on select. 

6. Specify the Next Button Text. This indicates the following step and the next page that is displayed in the workflow on select. 

7. Select the required record Type to identify the workflow to which this configuration applies. This can be Loan, Lease, or Line of Credit.

8. Specify the required Sequence number for the configuration. There must be no break in the sequence once all the configurations are defined for the workflow to be usable.

9. Select the required VFPage   (VisualForce) to which the configuration applies. For example, scoreCardDetails. This is normally determined by the Next button of the preceding configuration step. 

10. Specify the Progress Bar Text for the VF page that identifies the page for the user. 
    

11. Select Save and Next to define further configurations. Else select Save to save the application workflow.

Adding a custom configuration

You can include custom steps into your business flow. This can be done by creating and adding a Visualforce page to the VF Page picklist in the New Application Wizard Config page. Subsequently, you can add the page in your workflow definition, or replace an existing page selection with your page. 

Steps

Perform the following steps to add a custom step to the application workflow:

1. Create a Visualforce page with standard controller as Application object.

2. Go to Setup > Build > Create > Objects > Application Wizard Config. 

3. In Custom Fields and Relationships, select VF Page. 

4. Add your page name to the picklist values of the VF Page object and select Save.

5. Go to Origination Configuration > Company and Application Setup > Application Setup.

6. Replace the VF page of an existing configuration by choosing your page from the drop down of the VF Page field, or create a new step in the wizard using this page.

7. Select  Save.

Field reference