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Why Is Document Imaging Needed?  Mortgage
companies are required to keep all records of their clients real estate
transaction on record for at least three years. Most mortgage companies do not
ever want to risk not having this information on hand and therefore keep the
files for as long as they are in business. With the mounds of documentation that
piles on each of their individual clients, over time mortgage brokerages tend to
fill up valuable real estate with documents that in all likelihood they will
never need. They can't just discard the information so what is the answer?
Electronic Document Management is done through document imaging solutions that allow the broker to scan their files for a more secure and convenient method of electronic storage. This will free up the broker's valuable real estate and makes cataloging and retrieval of information much easier. Another time consuming process for brokers is that traditionally they had to overnight files to lenders, clients, and processors. This took up valuable time, paper, and resulted in additional costs to the company. Having the ability to image the documents and transfer them through email or other document management systems alleviates those issues and allows the mortgage company to provide better service to their client and partners.
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ATLOS Document Imaging Solutions
Our imaging processing system receives the fax and sorts all of the documents seamlessly to the correct loan application. Even better, we’ll store the files for you in secure online file folders…at no additional cost! ATLOS includes a true document imaging solution that not only eliminates most of your paper use in the office, but also drastically reduces your loan processing time. Our unique barcode recognition software allows users to fax documents in batches for easy upload into our web-based system. Instead of scanning each document one at a time, you fax batches of documents to a specified fax number. Our cutting-edge imaging processing system handles all of your sorting and routing to the correct loan application. With ATLOS, every document is stored online in secure file folders.
ATLOS provides electronic document imaging solutions that make storing and imaging documents simple. Use our cutting-edge barcode recognition software to fax batches of documents to a pre-set fax number. By using the ATLOS system a mortgage company will be able to save time, reduce costs, and improve their performance! |
