About Global dms
Global DMS: The Ultimate Appraisal Management Software for Lenders and AMCs
Global DMS is a leading provider of appraisal management software that enables lenders and appraisal management companies (AMCs) to automate and manage their appraisal orders. With over 20 years of experience in the industry, Global DMS has established itself as a trusted partner for businesses looking to streamline their appraisal processes.
The company's flagship product, eTrac, is a cloud-based platform that offers end-to-end automation of the entire appraisal process. From order creation to delivery, eTrac provides users with complete control over their appraisals while reducing turnaround times and increasing efficiency.
One of the key features of eTrac is its customizable workflow engine. This allows users to create unique workflows that match their specific business needs. Whether it's automating order assignment or setting up custom notifications, eTrac can be tailored to fit any organization's requirements.
Another standout feature of Global DMS' software is its integration capabilities. eTrac seamlessly integrates with other systems such as loan origination software (LOS), customer relationship management (CRM) tools, and accounting platforms. This ensures that all data is synced across different systems in real-time, eliminating the need for manual data entry.
In addition to its core functionality, Global DMS also offers a range of add-on modules that further enhance the platform's capabilities. These include:
- Automated Valuation Model (AVM) ordering
- Collateral Analytics
- Compliance Management
- Document Management
- Mobile Inspection App
With these modules, users can extend the functionality of eTrac beyond just managing appraisals. For example, AVM ordering allows lenders to quickly obtain property valuations without having to wait for an appraiser while Collateral Analytics provides detailed property information such as sales history and market trends.
Compliance Management is another critical module offered by Global DMS which helps organizations stay compliant with various regulations such as Dodd-Frank Act Section 1472 or Uniform Standards of Professional Appraisal Practice (USPAP). The module includes automated rule-based checks on every order ensuring compliance at every step in the process.
Document Management enables users to store all relevant documents related to an appraisal within one centralized location accessible from anywhere at any time while Mobile Inspection App streamlines field inspections by allowing inspectors access via mobile devices like smartphones or tablets.
Overall, Global DMS' comprehensive suite of products makes it an ideal choice for businesses looking for an end-to-end solution for managing their appraisals efficiently while staying compliant with regulations governing this industry sector.
Why Choose Global DMS?
There are several reasons why businesses should choose Global DMS over other providers in this space:
1) Experience: With over two decades worth experience providing solutions specifically designed around real estate valuation services including residential & commercial lending institutions; mortgage brokers; credit unions; banks etc., they have developed deep expertise in this area which translates into better products & services delivered faster than competitors who lack similar domain knowledge/expertise;
2) Customizable Workflow Engine: As mentioned earlier one key feature sets them apart from others - ability customize workflows based on specific business needs rather than being forced into rigid pre-defined templates;
3) Integration Capabilities: Their platform seamlessly integrates with other systems like LOSs/CRMs/accounting platforms etc., ensuring data syncs across different systems eliminating need manual entry;
4) Add-On Modules: They offer several add-on modules extending functionality beyond just managing appraisals including AVM ordering/Collateral Analytics/Compliance Mgmt./Document Mgmt./Mobile Inspection App etc., making them more versatile than competitors who may only offer basic functionalities;
5) Compliance Expertise: They have deep understanding regulatory landscape governing real estate valuation services including Dodd-Frank Act Section 1472/Uniform Standards Professional Appraisal Practice(USPAP)/Fannie Mae/Freddie Mac guidelines etc., enabling them provide clients guidance navigating complex regulatory environment.
Conclusion
In conclusion if you're looking comprehensive solution managing your real estate valuations efficiently staying compliant regulations governing this industry sector then look no further than GlobalDms! Their extensive experience coupled customizable workflow engine seamless integration capabilities robust add-on modules compliance expertise make them ideal partner helping navigate complex world real estate valuation services!
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