Overview
ASPIRE provides a proprietary workflow engine that provides a variety of tools to deploy and
enforce business processes.
• No technical programming is required to set up workflows
• LTi will train your staff to create and manage your own workflow rules and processes
• Once configured, automation is triggered by a change to the configurable contract
statuses
Part of the workflow engine is rules based and allows for the assignment of individuals to
transactions, and/or the assignment of tasks to individuals to be completed for a transaction
within a given workflow or business process. The rules based nature of the workflow is
important, as it allows the ability to route transactions and activities to different people at
different times, based on a variety of attributes, such as deal size, business channel, vendor, etc.
Additional features offered by the workflow automation is the automatic creation and
dissemination of configurable document templates. For instance, the moment a transaction is
flagged as Credit Approved, ASPIRE will automatically pick up a document template associated
to the workflow, generate it with the applicable contract data, and e-mail to any parties
associated to that workflow.
Automated pass/fail or points-based scorecards can be configured so that based upon the result;
the appropriate status can be set (i.e. approved, declined, and conditionally approved) and
appropriate documents created. The workflow process is configurable and the rules can be set as
you need them to be set. ASPIRE does not force you to do things in any given order, or to use
pre-defined statuses and rules, but provides you the functionality and allows you the flexibility to
meet your credit scoring needs
During the course of the implementation, LTi would work with you to ensure a clear
understanding of business processes as a means to build out the necessary workflows and
individual assignments.
Activities
Activities work much like the workflow/automation, the rules based nature of the workflow is
important, as it allows the ability to route transactions and activities to different people at
different times, based on a variety of attributes, such as deal size, business channel, vendor, etc.
To expand on the notion of activities:
• They are created by ASPIRE users and are highly configurable and limitless.
• No two organizations will have the ame activities in ASPIRE. This means that activities
can be created and assigned to users and contracts at specific milestones so that internal
users know when an action or task needs to be completed.
• Activities can have pre-canned result codes associated, due dates, managers assigned,
and more.
• There are a number of ad hoc views and standard reports to allow users to sort their
tasks in a manner that best suits their work style. The main purpose is to allow visibility
into the workflow state of a particular transaction so your users can quickly and
efficiently process business and customer requests when needed.
JobStream
JobStream is an additional module that operates independently from the aforementioned
workflow and activities. JobStream allows users to create automated jobs that run once at a
scheduled time or repeated daily, weekly or monthly at a preset time.
Existing jobs already setup can also be run on-demand from this screen.
Running jobs also provides the option of sending email notifications to a single or multiple email
recipients to ensure the jobs ran successfully.
Please reference the following list for an outline of all jobs in the ASPIRE system that can be
scheduled and ran in an automated fashion:
• Amortization Updates
• Batch Letter Generation
• Benchmark Update Import
• Calculate Aging
• Calculate Asset Values
• Calculate Contract Values
• Cleanup Database
• Collection Assignment
• Collections
• Compound Date Processing
• Daily Debt Accrual
• Daily Earnings
• Debt Payments
• Delinquency
• EFT File Generation
• Export Custom
• Export G/L Transactions
• FinCEN 314(a) Compare
• GAIC CDT Insurance Export
• GAIC IDT/BDT Insurance Import
• GAIC PDT Insurance Export
• Generate Statements
• Invoicing
• Lien Status Update
• Lockbox Import
• Month End
• Optimize Database
• Purge Files
• Vendor Payment File Generation