Hyland Software partners with Ocwen FinancialMortgagePress.comHyland Software, Ocwen Financial, OnBase, REALSynergy
Hyland Software Inc., developer of the OnBase enterprise content
management (ECM) software suite, announced a partnership with Ocwen
Financial Solutions, a business process outsourcing provider to the
financial services industry. As a result of this partnership, Ocwen
Financial will recommend Hyland's OnBase system to its broker
customers as a complementary product to its REALSynergy loan
servicing platform. By integrating document management into
servicing, lenders are able to cut costs, reduce paper usage and
file storage needs and condense the post-close review process into
a matter of minutes.
"The partnership between Ocwen Financial and Hyland Software is
about providing our staff with the proper tools for an effective
lending process," said Deborah Winslow, REALSynergy director for
Ocwen. "A big advantage of the partnership with Hyland Software is
that our users no longer have to leave their primary business
application to consult paper files or navigate between disconnected
systems to get the information they need to perform daily
tasks."
REALSynergy offers its users a highly automated, full-feature
platform for servicing commercial and multifamily loans. Users can
work with any loan structure to monitor multiple investors,
borrowers and properties for each loan. The integration with OnBase
allows Ocwen customers to access the necessary documents for loan
monitoring through the REALSynergy interface, eliminating the need
to work between both programs or with paper files and/or
documents.
"Hyland Software's alliance with Ocwen provides an additional
opportunity for our company to offer essential processing
capabilities that allow lenders to remain productive in a trying
economic time," said Jason King, director of financial services and
insurance for Hyland Software. "With enhancements to workflow and
document management, both Ocwens staff and customer base will reap
the benefits."
For more information, visit www.ocwen.com or www.onbase.com.
