ima_Servicer Order Limits_spa

Servicer Order Limits

This option configures requirements for order management, including setting the maximum dollar amounts for orders and the number of days an order is valid. It also allows the servicer to determine if vendors can create an invoice for a loan even if there is no order in the system for the loan that will match the invoice the vendor is creating.

The servicer can also determine whether invoicing without an order will be an exception for approvals and mass approvals. Servicers who are using transaction I.D., order amount validation and order expirations should not be allowed to use invoicing without orders.

You must be assigned to the InvoicingSM Servicer Order Limits permission group to perform these steps.