Electronic Interfaces with Third Parties

Banks

Odyssey provides electronic interface with all major banks, building societies and credit unions. The system transmits generated files to the bank for collections and payments as well as receives bank statement files for dishonours and bank reconciliations.

Salesforce Customer Relationship Management System

To eliminate the need for offline data dumps to third party CRM systems Odyssey have developed a real-time interface to Salesforce. Any entry made in Odyssey (such as a change in creditor details) will be instantly reflected in Salesforce CRM system.

Premium Funding Broking systems

Premium Funding quotes or contracts created in compatible broking systems, including Winbeat, CBS, E-Global, Broker Plus and Broker Advantage, can be uploaded into Odyssey. All policy and client information is electronically transferred, including ABN, mobile phone numbers and email addresses).

Web based broker access

Odyssey Software offers a secure online login facility that allows brokers 24/7 access. The ability to quote or access loan statistics outside head office working hours benefits funders, brokers and clients.

Online credit checks

To automate credit approval process from within Odyssey, Red Planet Software has developed online access to Dun and Bradstreet, Baycorp and ABR. This can be implemented in various ways, from a basic entity check through to an automated approval decision-making process.

In life loan management

The Odyssey loan system is designed to provide the user with complete flexibility throughout the life of the loan.

Functions available to the user include:

• Change payment method or date
• Override a DDR
• Manual receipts
• Add fees
• Restructure a loan
• Cancel, terminate or reinstate a loan

The Loan Enquiry facility provides a comprehensive view of all transactions against the loan, loan status, payments due, contract details and repayments schedule.

Multiple payment and collection methods

Odyssey offers multiple methods of collecting payments from clients or sending payments to creditors. These include:

• DDR (bank, building societies or credit unions)
• Periodic payment for customer initiated transfers
• B-Pay
• Manual (cash, cheque)
• Credit Card

Brokers, agents and underwriters can be paid by cheque or direct credit. Premium, Commission and Sundry Payments can be paid by different methods while remittance advices can be printed, faxed or emailed.

User defined forms and letters automatically triggered

With Odyssey, users can design their own forms and letters, which are then automatically triggered. For example, Contracts, Terms and Conditions and Acceptance letters can be generated at quote approval stage. Overdue Letters 1, 2 and 3 are generated according to the number of days payments remain outstanding. Endorsement, Cancellation, Termination or Finalisation letters are also generated at the appropriate stages.

Traceability

Odyssey also provides users, managers and auditors with the ability to track changes to sensitive areas, such as loans details and client or creditor information, through the use of a time and date stamped Notes system.

A sophisticated user login and password system allows menus to be configured in-house to limit access according to requirements. Security log reports make it easy to monitor use.

Odyssey General Ledger system has the ability to drill down on any entry to trace user, time and date posted as well as associated entries.

Extensive reporting

Each Odyssey module has a selection of reports that can be printed to PDF or to Excel. Some frequently used reports are:

• Quote Report
• Broker Analysis Report
• Monthly Business Report
• Prepaid Commission Report
• Interest Forecast Report
• Unearned Interest Report
• Cash Flow Report
• Insurance Analysis Report
• Financial Statements

The Odyssey Digital Dashboard offers a real time graphical display of selected information.