Visionet Leverages Robotic Process Automation (RPA) to Enhance VisiRecording Productivity by 40%
Visionet Systems, Inc. announced the unveiling of their newly enhanced VisiRecording product suite, which synthesizes their industry-leading assignment and release preparation with traditional mortgage recording tracking.
- (1888PressRelease) October 10, 2017 - A live demonstration of VisiRecording will take place at Booth # 1123 at the Mortgage Bankers Association Annual Convention & Expo 2017.
With assignment, release preparation, and recording processes bundled in one suite, VisiRecording significantly increases collaboration and productivity within an organization, thereby reducing the cost and compliance issues associated with the recording process. VisiRecording has embedded robotic process automation (RPA) technology to accomplish these tasks, resulting in a 40% increase in efficiency. RPA uses “robots” – easily reconfigurable software agents – to perform repetitive and time-consuming aspects of existing business processes with extremely high speed, accuracy, and reliability, which allows your personnel to focus on more challenging tasks. Higher throughput, lower operating expenses, and reduced training make RPA much more appealing than outsourcing.
VisiRecording’s state-of-the-art technology features an automated workflow that leverages business rules and task management with fully compliant templates, all within a web application. VisiRecording is fully integrated with multiple e-recording providers to assure maximum geographic coverage and the utmost in provider services. The VisiRecording platform proves that smart technologies can offer greater efficiencies and reduce costs. With interfaces designed to download data from servicing systems, generating an assignment or release document has never been easier for organizations using VisiRecording.
The system's biggest strength is its ability to impact the bottom line. "VisiRecording facilitates releases and assignments by leveraging as much automation as possible, boosting productivity up to 40% over traditional approaches,” explained Arshad Masood, CEO of Visionet Systems Inc. “It is truly an exceptional management product, and a new approach to an old problem. Customers should look at all options before simply outsourcing the process, as they may be able to perform it more cost-effectively leveraging VisiRecording."
About Visionet Systems Inc.
Visionet Systems, Inc. is a full-service technology consulting and business process outsourcing company that delivers software solutions, services, and technology-led BPO products built on a best-of-breed philosophy to help its customers increase business agility, drive down costs and reduce risk. With deep ties to the mortgage industry, Visionet has spent the last decade working with the top mortgage companies in the country, building various mortgage industry-specific products and solutions. In addition to VisiRecording, Visionet products include production lead management, product recommendation engines, channel and broker profitability, post-close compliance automation, loan boarding and special loan setup, escrow float and shortage management, prepayment risk modeling, default risk analysis, loss estimation and tracking, and REO.
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