Create a Metric in the Account

Covenants in Fairways Debt are agreements specifying actions and thresholds that the borrower must perform and respect. Covenants protect lenders when borrowers do not meet their requirements.

Metrics define the measurements to meet in a covenant. You can apply platform metrics to any accounts in the platform, whereas you can only apply account metrics to a specific account.

Notes:

  • Only administrators can create account metrics.
  • Only Finance Active administrators can create platform metrics.

 

Prerequisites

Contact your Finance Active consultant to:

 

Navigate to the Account Metrics
  1. Log in to your Fairways Debt account, e.g. https://login.financeactive.com/eu, and select a customer account, if relevant.
  2. Navigate to Applications Applications.png > Account Administration.
  3. Click Account > Account Metrics.

In this example, we log in to the Main City account.

Administration_Account_EN.png

 

Create a Metric in the Account
  1. Click Add Metric.

Account_Metrics_EN.png

  1. Select a metric type.

Metric Type

Description

Manual

Custom data to enter.

Formula

Custom computation formula to configure.

Metric_Type_Select_EN.png

  1. Complete the form with all relevant details.

Note: Fields marked with an asterisk * are mandatory.

Field

Description

Name

Metric name.

Description

Additional details about the metric.

Format

Metric data type.

Note: Different formats display depending on the metric type selected.

Settings_EN.png

Field

Description

Perimeters

Borrower(s) to which the metric applies.

Perimeters_EN.png

Field

Description

Formula

Note: This field only displays for formula metrics.

Metric computation formula.

Formula_EN.png

  1. Click Apply.

Metric_Formula_Add_EN.png

The new metric displays in the Metrics section.

Metric_Formula_Added_EN.png

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