SoftPro® and Medallion Analytics Partner to Increase Productivity
March 11, 2013
Pittsburgh, PA - Medallion Analytics, provider of productivity and compliance tools for the title industry, and SoftPro, the nation's leading provider of real estate closing and title insurance software, announced that Medallion's HUD Prep Tool™ is integrated with SoftPro's 360 Business Exchange Platform.
"By adding Medallion's HUD Prep Tool™ to SoftPro 360, we are equipping our users with even more automation capabilities," said Joyce Weiland, President of SoftPro. "The productivity gains offered through this partnership will help save our customers money and decrease closing instruction data entry errors."
Medallion's HUD Prep Tool™ automatically extracts the data from the lender closing instructions and pre-populates the HUD-1 settlement statement. The end result is no rekeying of data, far fewer error and lower costs.
"With the addition of Medallion's HUD Prep Tool™ to SoftPro 360, users will be able to move data extracted from closing documents to ProForm with no need for rekeying, reducing their HUD-1 preparation time to a matter of minutes. By eliminating costly errors caused by manual data entry and reviews, title companies will be able to drastically improve service levels for their customers," said John Ralston, Vice President, Product Development.
SoftPro 360, a free tool for SoftPro's ProForm users, enables users to order services and receive orders back from third party vendors without ever leaving their ProForm workspace, eliminating the need for paper order forms, dual entry, faxes, e-mails and phone calls.
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