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Valuation Management Services (VMS)
Valuation Management Services (VMS) drives efficiencies across valuers and lenders alike. The VMS system offers many significant benefits.
Reduced cost
- Automate the valuation ordering and fulfilment process, eliminating the need for paper-based communication and significantly reducing the cost per valuation.
- Web-browser user interface, making start-up costs negligible and significantly reducing implementation time.
- Save time and reduce errors through automated invoicing and reconciliation processes.
- Eliminate errors, duplicate orders and double entry of property valuations through the use of the VMS system across your entire valuation workflow.
Improved Turnaround Times
- Workflow-driven to reduce turnaround times.
- Instant status updates to allow for better front-line service to your customers.
- Streamline exceptions handling.
- Support for both centralised and decentralised ordering models.
Improved Quality and Efficiency
- Access service-level management of your valuation panel, ensuring quality and consistency.
- Full data validation available at all times.
- Industry leading web services provide integration with the internal systems of lenders and valuers.
Compliance and Audit Trails
- Universal compliance to each lender's unique valuation policy.
- Full management and reporting capability for compliance, audit and improved service objectives.
- Transparency of activities and statuses to authorised users with full online status history.
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