What tool maps custom stage and status values to standard Booked and Closed values?

The tool that maps custom stage and status values to standard Booked and Closed values is the Product State Configuration. This tool is designed to facilitate the alignment of your organization's unique terminology and workflow stages with the standardized states recognized within the system, namely Booked and Closed.

By using the Product State Configuration, financial institutions can ensure that their internal processes and the corresponding stages that staff or customers encounter align effectively with the officially recognized statuses in the system. This alignment enhances reporting consistency and facilitates better communication across departments, as everyone would have a common understanding of what each state represents.

The other tools listed serve different purposes: while the Product Mapping Tool focuses on linking products to various settings or categories, the Status Configuration Tool generally manages the various statuses available for specific transactions without directly addressing the mapping to Booked and Closed. The Stage Management System would typically allow for the management and tracking of various stages within a workflow rather than mapping custom stages to the standard values. Thus, Product State Configuration stands out as the correct choice for this specific mapping purpose.