Zia Consulting and Ephesoft collaborate to offer automated solution for the mortgage industry
Zia Consulting, Inc., a leading provider of Enterprise Content Management (ECM) and Intelligent Document Processing (IDP) business solutions, is partnering with Ephesoft, Inc. to launch Ephesoft Mortgage Powered by Zia.
Ephesoft Mortgage is an AI and OCR-powered solution that automates the most labor-intensive aspects of mortgage including retail, wholesale, mortgage insurance, due diligence, and servicing.
It delivers significant cost-savings, offers accelerated revenue opportunities, improves customer experience, and provides visibility into the mortgage process for enhanced compliance and business intelligence, according to the vendors.
Utilizing Ephesoft Mortgage, organizations can lower labor costs, reduce lengthy processing times, eliminate human errors, and increase customer satisfaction.
“We’re thrilled to partner with Ephesoft to provide a solution to our mortgage customers that allows them to automate their processes, grow with demand, and remain highly competitive in today’s lending environment,” said Pat Myers, executive vice president and co-founder at Zia Consulting.
Ephesoft Mortgage is now available to assist banks in handling mortgage loans—whether it be single borrower documents or packages that can average 500 pages long, with hundreds of document types.
It improves the process by creating a loan folder with documents that have been automatically classified, extracted, stacked, and verified.
This includes structured, unstructured, or semi-structured content from a variety of sources like portal upload, email, fax and scan. This solution integrates with line-of-business systems, like LOS and servicing systems. It also has the ability to be customized.
“Together, we’re passionate about helping mortgage customers innovate and transform their loan processing while creating a leading-edge using AI technology,” said Ike Kavas, founder and CEO at Ephesoft. “This solution takes a new approach using deep product experience, testing and knowledge that is built around Ephesoft Transact with multiple ways mortgage companies can take advantage to cut through the clutter and impress their customers with faster, more efficient, and cost-effective response times.”
For more information, visit www.ziaconsulting.com/ephesoft-mortgage.