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ValuNet improves vendor management processmortgagepress.comvendor management, automation technology, ValuNet xsp ValuAmerica has introduced ValuNet xsp, a product which allows lenders, title companies and other settlement services providers to access technology and products previously available to only large vendor management captives (VMCs). It gives them access to embedded settlement services providers: appraisers, abstractors, title underwriters, credit, flood and tax services, etc. ValuNet xsp automates and controls the vendor management process. The software monitors vendor performance and assigns future work orders based on automated performance tracking. Using ValuNet xsp, a client can select any of the vendors that are currently in the ValuAmerica system, add its own vendors at any time or select a combination of both. ValuNet xsp also offers: automated order collection and customer and vendor data; automated vendor assignment; vendor performance and scoring; reporting on status, pricing and performance; electronic title policies; vendor auto-pay and title underwriter remittance; and integration with client accounting systems; and a 50-state, zip-code-specific bundled pricing calculator that allows lenders to offer settlement service packages. The PC-based software reduces the need for staffing to oversee the vendor selection, ordering, payment and quality assurance processes. Headquartered in Pittsburgh, ValuAmerica develops settlement services technology. For more information, call (800) 646-8258 or visit www.valuamerica.com.