Theoris Software has announced that it has completed the implementation of Appraisal Quality and Performance Management (AQPM) for
ACT Appraisal Inc., a fully-compliant national appraisal management company (AMC).
The implementation provides ACT and its clients streamlined access to Theoris’ AppraisalQPM, a cloud-based platform designed to optimize the selection of AMC’s and appraisers through powerful data, analytics and an intuitive dashboard interface.
“Theoris Software’s flagship technology, AQPM, will provide ACT and its clients the capability to drill down by local market, mortgage type and property type. It also automates the selection of the optimal, or best, appraiser for each assignment,” said Jim Cutillo, Chief Executive Officer of Theoris Software. “The result is that appraisals are completed with improved turn times, increased quality and performance, as well as fewer Underwriting Conditions, reduced performance costs, better reliability and more.”
Bryan Franks, Founder and President of ACT Appraisal, said, “ACT recognized the potential of AQPM to transform the appraiser selection process, and how significant that is for our clients because the appraiser is the most important factor in the quality of an appraisal. We have always promised our clients that we would help optimize their performance, save time, reduce costs, and keep them compliant, so it was an easy decision to implement AppraisalQPM.”
