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