Products > Sentinel

Sentinel* is a comprehensive and well proven Accounting and Management Information system designed specifically for Finance Companies or Brokers or Banks providing consumer and commercial credit facilities. Sentinel caters for a variety of forms of instalment credit, including Loans, Leases, Hire Purchase, Mortgages, Premium Funding, Contract Hire, Rental, Savings, Community Development Finance and Charge Cards. The system benefits from expertise in the finance sector built up over 25 years and is used by over 150 organisations.

The system can be deployed 'on premises' can be used our hosted service over the internet.

Sentinel has five modular but seamlessly integrated processes: (Proposal Processing, Administration, Direct Debits, Financial Accounts Interface, Collections), as follows:

Proposal Processing

Web enabled:
Proposal data capture can be operated either over the Internet or an in house extranet.

Workflow:
Users can define the workflow stages, which the system monitors, and reports upon.

Document Printing:
Sentinel prints Agreement documents, Direct Debit Mandates, welcome letters or other customer facing letters or reports, with the attendant savings in time and expense.

Optional Integration:
Details of both accepted and declined proposals are retained in Proposal and accepted ones can be output to the lender's or broker's requirements or converted into live agreements in Administration.

Administration

Payment Profiles:
An Agreement Wizard allows the user to define his lending products in detail and to modify them or introduce new ones as the market changes.

Multiple Agreements:
Sentinel supports multiple agreements per customer, and multiple companies.

Apportionments:
Within Sentinel, transactions are automatically apportioned between capital and interest using a method of income release determined by the user.

Credit Agencies:
Sentinel provides credit reference data, and in the UK fulfils the reciprocity requirements of Equifax, Experian and CallCredit. Direct (XML) links are available to both Experian and CallCredit.

Direct Debits

BACS & equivalents:

BACS, including AUDDIS, is supported in the UK using an internet-based fully automatic and secure routine. Standing Order receipt files from all the major UK banks can also be processed automatically.

Financial Accounts Interface

Generic Interface:
The financial elements of new agreements and transactions posted may be passed to a Financial Accounts system via a configurable interface, providing constantly up-to-date P & L's and Balance Sheets.

Collections

Workflow:
Collections processing offers a comprehensive arrears contact management workflow solution, with unlimited contact letters, daily work sheets, and automatic charging facilities.

Rules System:
Collections Rules allow any aspect of Collections to be automated, Rules can be based on any data held for an agreement or customer.

Analysis:
Collections allows analysis of arrears in an unlimited number of ways for example showing the correlation between dealer and level of arrears. Collections also analyses the performance of the collection teams/agents.

* Sentinel is a copyright protected product of Anchor Computer Systems Ltd, UK