Elliott
Elite Member
- Joined
- Apr 23, 2002
- Professional Status
- Certified General Appraiser
- State
- Oregon
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FOR IMMEDIATE RELEASE
Global DMS launches AMC management software
July 31 , 2008 – Lansdale, PA – Global DMS, the technology company that pioneered web-based appraisal management software, announces launch of the new version of its eTrac Enterprise Edition for Appraisal Management Companies (AMC).
Global DMS is launching this updated platform in response to industry changes and the new GSE requirements. With the new code, appraisal management companies and lenders need to make sure they are taking all the necessary steps in order to remain compliant.
The AMC Edition offers a multitude of technologies specifically designed to cater to the needs of appraisal management companies. The system promotes appraiser independence by separating the appraiser from the appraisal requester. The AMC Edition also includes enterprise level vendor management, a built in appraiser network, and an automated rule-based review system.
“It is a crucial time in the industry. Obviously with these new regulations many appraisers are expanding their businesses and starting AMCs. The AMC Edition has been enhanced to meet the needs of this expanding market,” said Global DMS President Vladimir Bien-Aime.
The AMC platform features an automated assignment system that can automatically select appraisers for each assignment based on their licensing, skill levels, location, price, workload, past performance, and quality ratings. Additionally, there are different levels of access, offering a portal for both lenders and vendors. These automated processes help ensure that the institution remains compliant by enforcing best practices, controlling access and preventing violations.
The system also offers various office management features that can assist in managing orders and statuses on a nationwide level. The system also handles invoicing, accounts receivable, and vendor payments with a direct integration to QuickBooks.
“The AMC edition offers features lenders are used to, such as online ordering, vendor management, quality control, and electronic delivery. They expect these things from AMCs, and with our technology we are able to offer a customized solution for all our AMC clients,” said Bien-Aime.
Global DMS launches AMC management software
July 31 , 2008 – Lansdale, PA – Global DMS, the technology company that pioneered web-based appraisal management software, announces launch of the new version of its eTrac Enterprise Edition for Appraisal Management Companies (AMC).
Global DMS is launching this updated platform in response to industry changes and the new GSE requirements. With the new code, appraisal management companies and lenders need to make sure they are taking all the necessary steps in order to remain compliant.
The AMC Edition offers a multitude of technologies specifically designed to cater to the needs of appraisal management companies. The system promotes appraiser independence by separating the appraiser from the appraisal requester. The AMC Edition also includes enterprise level vendor management, a built in appraiser network, and an automated rule-based review system.
“It is a crucial time in the industry. Obviously with these new regulations many appraisers are expanding their businesses and starting AMCs. The AMC Edition has been enhanced to meet the needs of this expanding market,” said Global DMS President Vladimir Bien-Aime.
The AMC platform features an automated assignment system that can automatically select appraisers for each assignment based on their licensing, skill levels, location, price, workload, past performance, and quality ratings. Additionally, there are different levels of access, offering a portal for both lenders and vendors. These automated processes help ensure that the institution remains compliant by enforcing best practices, controlling access and preventing violations.
The system also offers various office management features that can assist in managing orders and statuses on a nationwide level. The system also handles invoicing, accounts receivable, and vendor payments with a direct integration to QuickBooks.
“The AMC edition offers features lenders are used to, such as online ordering, vendor management, quality control, and electronic delivery. They expect these things from AMCs, and with our technology we are able to offer a customized solution for all our AMC clients,” said Bien-Aime.