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""Advantage Title Company"":http://www.advantitle.com, a national REO title fulfillment and escrow company based in Eldersburg, Maryland, recently announced the release of its[IMAGE]
proprietary REO monitoring system, TitleFlow, which addresses the requirements of foreclosed transactions. The system enables Advantage Title to monitor client-specific requirements and production workflow.
According to Advantage Title, company executives collaborated with clients, the Advantage REO solutions division, and the company's technological development team to design the technological support program.
[COLUMN_BREAK]TitleFlow works by managing workflow production and turn times of each client's individual pipeline. Advantage Title teams view turn times of multiple tasks on large screen dashboards throughout their facilities. Time-sensitive color coding enables employees to determine at a glance the status of the various tasks for each property. If a file is approaching its Service Level Agreement deadline, the screen will alert staff by color coding changes. The system also alerts Advantage Title to direct resources on needed segments of the workflow.
""The program simplifies the complexities of REO title,"" said Steve Potler, EVP of Advantage Title. ""It allows us to effectively execute all the controllable elements of the process for each client and successfully manage workflow operations.""
TitleFlow is viewed remotely and on smart phones through a secure login. Advantage Title clients can also view the same real-time status of the properties via the company's Web site.
""The systems are all interrelated, eliminating inefficiencies both within the office and in communication with our clients,"" Potler added. ""We are excited that TitleFlow has positioned Advantage Title to maintain the high level of satisfaction with our clients while quickly adapting to the needs of new REO customer property accounts.""
