Global DMS, a provider of Web-based compliant valuation management software, announced that Forsythe Appraisals, LLC, the largest independent provider of residential real estate appraisals in the United States, is leveraging the eTrac Enterprise platform.
The platform is expected to help manage appraisal ordering, tracking, and review for all of Forsyth Appraisals branch offices covering 40 major metropolitan areas across the country.
"Since implementing Global DMS' platform, we have realized very measurable gains in efficiency, productivity and tracking while reducing our IT spend using their comprehensive Web-based appraisal management technology," commented John Forsythe, president and CEO of Forsythe Appraisals. "While our proprietary platform worked very well, we saw greater efficiencies in Global DMS' platform and how it meshed with our specific workflows and internal processes. Our users love the system and find it has made a big difference in how they do their jobs."
Global DMS' eTrac Enterprise solution automated Forsythe Appraisals' workflow, facilitated client and branch-level communications, monitored order status, and handled review and fulfillment while providing all the essential reporting and accounting functions for its appraisal transactions.
"The considerable changes required to upgrade their proprietary platform would have been expensive and extensive," stated Vladimir Bien-Aime, president and CEO of Global DMS. "Our solution currently processes thousands of appraisal transactions monthly for Forsythe Appraisals and has already helped improve performance, increase margins and position the company for scalable growth."