Omega — Main Features |
- Browser Based
- Access via the Internet, hosted by Amazon
- No hardware or software to install
- Graphical User Interface
- Intuitive to use
- Fast and easy to learn
- Dashboard format
- Widgets — graphical displays of customers' customized data options
- Unlimited Users
- Unlimited Branches
- One-click access to Omega electronic documentation
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- Unlimited Number of Account Types
- Interest Bearing or Pre-Compute
- Sales Finance Contracts or Direct Consumer Loans
- Central Information Concepts — links accounts to a single customer master
- Document Management
- Flexible Reporting Generation and Storage
- Task Queue System
- Role-Based Security — makes user security management easy
- Sandbox available for your user training and testing
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Omega Servicing — Professional Base Features |
- New Account Processing
- Automatic Dealer Checks and Full Dealer Processing and Accounting
- Compute Yields
- Discounts / Reserve / Withhold Processing
- APR and Add-On Rate
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- Payment Coupons and Billing Statements
- Automatic Disbursement Check Printing
- Loan Documents
- Standard or Custom Forms
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- Payment Posting
- Customized Waterfall setting for order of how a payment should be applied when there are unpaid fees.
- Automatic Late Charge and Interest Computation
- Miscellaneous Cash Transactions
- Check NSF and Reversal Capability
- User Definable Payment Types
- Printable Customer Receipts
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- Account Recast after reversals and back-dated transactions
- Process Extension Payments
- Drill Down access to Teller Drawer details
- Totals of Case, Checks and Vault Transfers
- Printable Deposit Slips
- Real-Time G/L Updating
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- Account Servicing and Collections
- Field selection for account lookup
- Ledger Card details
- Collateral
- Insurance Information
- Spouse or Co-Signer Details
- Compute Payoffs
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- Access to information reported to the Credit Bureaus
- Quick access to other accounts for the displayed customer
- Collection Notes Tracking
- Quick access to all account and customer details
- Email address link for sending emails
- Changes to Demographic Information, automatically stores previous details
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- Dealer Tracking and Reporting
- Dealer Disbursements
- Dealer Participation Tracking
- Dealer Reserve and Withhold Tracking
- Dealer Deferred Activity Report
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- Dealer Aging Report
- Dealer Reserve Report
- Dealer Withhold Report
- More Coming Soon!
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- Other Reports Available
- Daily Statistical Report
- New Account Report
- Aging Report
- Account Maturity Report
- Account Ledger
- Volume Report
- Frozen Account Report
- Earnings Report
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- Collateral Reports
- Close Outs
- Insurance Reports
- Dealer Reports
- Transactions
- Teller Reports
- Queries
- Credit Reporting
- Amortization Report
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- Forms, Letters, and Statements
- Account Notice
- Billing Statement
- Payment Coupons
- Direct Loan Contract, to be modified to your jurisdiction requirements
- Insurance Certificates
- Expired Insurance Notice *requires Insurance Tracking and/or Processing
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- Late Notice — Final Notice
- Repossessions — NOI
- Payoff Quote
- Privacy Notice
- Payment Receipt
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- General Ledger and Financial Statements
- Multiple Branch Separate and Consolidated Financial Statements
- Provides comparison of Budgeted and Actual
- Yearend Closing can be delayed without an interruption in processing
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- Multiple Years Retained
- Customized Financial Statements
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- Month and Yearend Processing
- Real-Time GL Updating
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