Digital Appraisal Forms Promote Organization and Efficiency

Digital Appraisal Forms Promote Organization and EfficiencyEven in today’s digital age, many financial institutions and AMCs still rely on offline Word and Excel documents for their appraisal order and review forms, which is counter-productive in several ways.

For one, this type of outdated management promotes a completely manual appraisal process, requires duplicate data entry, and leads to greater risk as a result. It also creates confusion amongst staff and vendors, as nothing in these offline forms is trackable – making it difficult to know who has the most up-to-date version as they move through the process.

EVO™, Global DMS’ next-generation appraisal management technology, resolves these pain-points by providing digital order and review forms that are designed to transform your real estate valuation process into an ultra-efficient, compliant, and finely tuned operation. 

This digital approach to form management always provides your staff and vendors with the most recent version of the form being used, allowing you to manage crucial interactions cohesively and compliantly and significantly reducing appraisal review times. In addition, EVO’s digital forms are 100% configurable, allowing end-users to add, remove, or create new fields as needed, in real time.

Additional benefits include:

  • Automated form selection.
  • Pre-populated forms via intelligent merge fields.
  • Digital signatures.
  • Automated delivery to the appropriate individuals.
  • Complete trackability.
  • Robust reporting that’s able to capture every field within your forms.

Becoming more efficient starts with the right appraisal management technology. Contact Global DMS® today at evoinfo@globaldms.com to see how EVO is the difference-maker your valuation department has been looking for.

 

Topics: Lenders, appraisal technology, Appraisers, AMCs, Mortgage Companies, Global DMS, Compliance, appraisal forms, Appraisal Process Management, Credit Union, EVO