TaxLogix Combines RPA and AI To Reduce Tax Processing Time
ChainLogix Mortgage Solutions, which provides services for the real estate tax, title insurance, settlement, and lending industries, has announced the release of its new platform, TaxLogix.
By leveraging advanced robotic process automation (RPA) and technology, TaxLogix automates property tax research, the company said.
“TaxLogix is an RPA-driven, web-based tool providing instant scalability (and) real-time tax information, as well as a dedicated RPA and delivery team,” said Jane Jaeger, vice president of property tax intelligence & special projects for ChainLogix. “TaxLogix combines RPA and AI with an impressive agency database. We have seen that TaxLogix can reduce manual tax processing time from 14 minutes to 90 seconds.”
TaxLogix features include ease of ordering and the ability to manage user profiles, as well as bulk uploads. The system also provides automatic report generation and delivery, as well as dashboard analytics.
“TaxLogix overcomes the day-to-day hurdles such as scalability and costs involved in tax searches in the industry,” said Tim Moreland, senior vice president, operations & strategic business development for ChainLogix. “Both large and small clients spanning the industry will find that TaxLogix is an important new tool in their operations.”
ChainLogix Mortgage Solutions, a division of ChainLogix LLC, provides services for the real estate tax, title insurance, settlement, and lending industries. Its range of services include all facets of title products, tax servicing and loan servicing.