Is your firm always on the lookout to make your mortgage lending process faster, cheaper, and better? Are you on the lookout to automate all your mortgage processes? Then, the best step for your organization would be to adopt Outsource2india's MSuite mortgage automation tool.
Outsource2india is one such mortgage support service providing company that can give you access to a superior quality mortgage automation tool, MSuite. Outsource2india has been catering to the needs of leading clients and understands the ground reality of the mortgage industry. Hence, we were able to build an automation tool that gives 100% successful implementation and guarantees results from day 1.
What is MSuite?
Outsource2india's MSuite automation tool is one such technology that can help clients in overcoming all three challenges of time, effort, and costs. The tool is built on a business model which we call “Automation as a Service”, and doesn't require the customer to invest a large amount upfront or sign a long-term contract.
The MSuite tool helps mortgage lenders and services to automate their processes with little or no effort. The investment required upfront is negligible and the tool provides clients with guaranteed cost savings and improved efficiencies of the mortgage processes.
Key Components of the MSuite Tool
The MSuite tool is built in such a way to not only support the current state of the industry but also the potential future needs of the mortgage industry. There are 5 components in the MSuite automation tool which are -
The connectors help the MSuite tool to gather data points and key information from different sources of information. Some of the key sources with which the MSuite tool connects to are -
- API Integration
- Direct Uploads
The indexing engine leverages the power of OCR, computer vision, and machine learning to scan the uploaded documents and classify them into different categories. The engine can recognize over 350 types of documents including images from phones and classify them correctly with over 95% accuracy.
Data Extraction Engine
The data extraction engine helps the lenders and servicers to extract key data points from the different documents such as asset, income, closing docs, final docs, insurance docs, etc. These data points form an important source of key decision-making. The engine performs the data extraction process with over 98% accuracy.
MSuite's key component is the rule engine which seamlessly manages thousands of different rules with ease. The rule engine is customized for each deployment and ensures that only the relevant rules are leveraged during the processing of the documents. It does a thorough review of the files and automates a series of other processes.
The reporting engine tracks the various processes and performance of the different parameters. The reporting engine generates and delivers a detailed and comprehensive report of each of the automated tasks. MSuite provides standard reports as well as customized reports which address each business's unique business needs.
Why is MSuite Important for Your Business?
Having been catering to the leading mortgage lenders and companies across the globe for over two decades now, we understand the exact ground reality of the mortgage industry. This has helped us to build a technology that understands each client's unique business requirements and provides them with customized mortgage automation services.
The tool is powered by cutting-edge technologies and is designed in such a way that the latest technologies can be integrated with ease. Right from accurate OCR engines, superior quality technologies, highly reliable and secure cloud hosting technologies, and error-free reporting functionalities, MSuite is the go-to tool for any mortgage business right now. Some of the key factors which can prove to be highly beneficial for you include -
- There is absolutely no limit to the processing capacity and large volumes can be processed within a few hours.
- The tasks automated by MSuite provide a quicker turnaround time by over 70%.
- The amount of effort involved in making the changes in the document placeholder is reduced by over 75%.
- The data input and manual errors are reduced by over 80% across all documents processed by the MSuite tool.
- Over 50% cost savings on the manual processes handled onshore and over 30% cost savings for the processes handled offshore.
How is the MSuite Different from Other Tools?
Leveraging the MSuite in your business is guaranteed to show positive results and improved efficiencies right from the first day of implementation. The machine learning algorithms improve the efficiency with every run, the promised results can be seen within a quick time. Some of the key factors in which we surpass our competitors in terms of performance are listed here -
Outsource MSuite Automation Services to Outsource2india
Outsource2india has been a pioneer in providing a series of MSuite automation services in India and a plethora of other mortgage support services to global clients. We have some of the most experienced and skilled mortgage support experts who can cater to all your requirements with ease. We leverage the latest and the best mortgage support software and technologies while delivering top-notch services to clients.
Are you looking for a reliable and efficient mortgage automation service provider? Then, your search ends right here. Get in touch with us today!