VisiRecording is designed to deliver a productivity boost of 50% or higher. This workflow driven product streamlines your recording function by efficiently processing Real-Estate collateral and manages county correspondence.
Our goal is to assist mortgage services in decreasing their operational costs. This product is able to align people, process, and technology at a service provider. We understand the priorities of a servicer such as the urge to reduce cycle time and demand to cut down county rejections.
Recording teams are required to properly carry out many steps before dispatching it to the county. These steps include calculating the correct check amount, attaching the right affidavits, and considering marginal requirements. The requirements vary from state to state and county-to-county, so the team must be sure to be county specific. County specialists must be relied on to recognize and understand the various distinctions. This knowledge requires years of training and observation of county rejections. E-Recording presents another speed bump since the user must constantly switch between spreadsheets and the E-Recording vendor portal.
We have designed servicers that conduct this manual intensive process that eliminate any excess time and preserve valuable resources. VisiRecording® offers workflow technology to ensure continuous operations. It carries out data transfer between the processor. This product also provides a comprehensive list of all of the county guidelines. These are presented the user, so that all of the requirements can be fulfilled. Designed using the latest webservice architecture VisiRecording® is integration friendly with existing upstream and downstream systems.
Using business process modeling techniques the recording process was translated into an optimized workflow consisting of automated, hybrid and manual tasks. This allows the supervisor to assign, monitor and measure workload of Full Time Employees (FTEs), teams and various departments. Business processes have been automated, to pull, translate and populate existing information from upstream systems. Similar automation was designed to feed downstream systems as well.
Our team has refined the entire business process to maximize efficiency and significantly reduce cycle time. Separate queues for management, supervisors and users are put in place to prioritize work and highlight any exceptions.
A business engine enables the users to define complex business conditions. These business conditions are associated with the relevant tasks to ensure verification at the completion of each task. A powerful and flexible print engine is implemented for the printing of checks and cover letters.
VisiRecording® is an orchestration of task dependent workflow, rule templates and interfaces operating seamlessly under a queue management environment. Individual team members or whole teams can operate locally, near-shore or offshore. A 20 person recording team could improve its throughput by 100%. = Hypothetically, a 20 person recording department can be cut down to 4 in the US and 10 offshore, lowering the cost per loan order to $3.00.
Working with Visionet has been instrumental in allowing us to innovate and provide better overall customer experience throughout our website. Their thought leadership, broad technical capabilities, and extensive portfolio allows us to engage with them on many different projects.
Director of Ecommerce
Dooney & Bourke
Visionet came in with key domain understanding of our business and in short order helped us craft a reporting structure on time and in budget. We value their expertise and partnership to our company
Mr. Stuart Werner
We had changed our e-commerce platforms several times but still struggled to find the right platform to meet our growing business demands. We needed the new Demandware platform to be implemented before the holiday season, and I’m thrilled that Visionet Systems was able to deliver against a tight deadline.
VP Marketing & e-Commerce Operations
Working with Visionet’s team had been a great experience allowing us to leverage on their wealth of experience. We are now well-enabled to offer exhibitors an enriched ordering experience through quick and easy-to-use functionality and enhanced functions
Mrs. Trish Webb
VP, Application Development