You must either create a new strategy, or update an existing strategy, to incorporate two work items:
Notify of Intent to Report
Report to Credit Bureau
These work items each call a workflow. You may customize these workflows, for example, to add any steps that call for approval. The names of the work items and their corresponding workflow names are shown in the following table:
Report to Credit Bureau - Work Items and Workflows
| Work Item Name | Workflow Name |
|---|---|
| Notify of Intent to Report | IEX: Notify of Intent to Report |
| Report to Credit Bureau | IEX: Report to Credit Bureau |
To allow for a wait period between the notification and the reporting, you must build the wait period into your strategy, either by a specific intermediate work item or by specifying pre-execution or post-execution times on your Notify of Intent to Report or Report to Credit Bureau work items.
To fulfill and complement the steps in the strategy, the IEX: Process Pending and IEX: Notify Customer concurrent programs must be scheduled to run as required (for example, once a day).
For information about running these concurrent programs and their parameters, see: Concurrent Programs for Oracle Lease and Finance Management.
The IEX: CB Notification Grace Days profile option is not used in the Strategy method.
Note: At the end of the reporting stage, the data is available to the credit bureau in the interface tables. Additional software is required to validate and transfer the data from the interface tables for use by the credit bureau.