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REO Reimbursement Services

The REO team at O2I provides efficient and timely REO Bill Reimbursement services to REO Brokers. We help you maintain your books efficiently ensuring that bills get processed fast and payments are made on time.

The bills submitted by vendors like plumbers, electricians, gardeners and others are processed in QuickBooks as a Bill. We then submit these Bills to the owner of the property for reimbursement. We understand the importance of quick processing and following all the necessary steps and presenting in the right formats so that you receive a full refund. Our team is familiar with the different methods for requesting reimbursements that various banks follow.

Advantages of REO Bill Processing Services from O2I

The REO Support team at O2I has many years of experience with the tools and technology needed for an efficient back office process -

  • Save up to 50% with our REO Billing and Reimbursement Processing
  • Scale up operations as needed. Our REO Billing service offers flexibility.
  • O2I offers high quality service. We follow a stringent quality process ensuring that there are no errors, speeding up the reimbursement process.
  • Receive reimbursements in a timely manner. We process on an aggressive timeline, within very short turnarounds so that you receive submissions fast.

REO Bill Submission Process at O2I

Outsource2india has worked with a group of REO brokers to set up the systems and the processes who have in-depth industry knowledge. Our teams also have experience in setting up back office operations for customers globally. We use the best tools and technology - Quick Books, QuickBase, and iBridge - an in-house workflow automation tool.

Stages in REO Bill Submission

  • REO Broker scans bills into a secure server
  • Our process center prepares the bills
  • You can print the checks and scan copies of checks to be processed
  • Our process center matches the checks and bills and gets them ready for bank submission
  • The REO processors will submit the bills directly to your clients
  • The submitted files (bills & checks) are delivered to the broker, confirming the submission
Step-by-step-process-for-REO-Bill-Submission

Bill Reimbursement Processing & Submissions Team at O2I

At O2I, our REO team is consist of graduates and post-graduates with an average work experience of 6 months in various industries. The REO Bill Processing team is given an overview of the real estate industry in America and trained on the REO industry specifically. The training is tailor-made to educate and train employees on every aspect of the REO industry. At each level of training, tests are administered to ensure only qualified staff are retained and assigned to projects.

Each team of REO Reimbursement services is headed by a Team Leaser and an Account Manager. Our team has processed tens of thousands of bills. Our robust tracking mechanisms ensure quality at multiple check points.

O2I's Security and Data Confidentiality Measures

Outsource2india has been providing specialized outsourcing solutions to companies across the globe for over 25 years. We give the utmost importance to issues of data security and confidentiality.

Security-at-Virtual-REO-for-REO-Submissions-and-Bill-Processing

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