Global DMS, a provider of cloud-based valuation management software, recently announced the launch of EVO-BPO. This is the company’s latest version of its platform specifically for servicers, REO assets management companies and AMCs requiring an efficient workflow to automate the management and fulfillment of broker price opinions (BPOs), comparative market analysis (CMAs), inspections and alternative valuation products, Global DMS announced in a press release.
EVO-BPO provides a centralized hub for ordering, assigning, tracking and reviewing BPOs, CMAs and inspections. The platform automates the entire process to reduce cycle times, increase productivity, enforce compliance and improve data accuracy, the company said.
EVO-BPO's configurable workflow and built-in business rules ensure BPOs and CMAs are assigned to properly licensed and certified brokers based on location, property type and client requirements. All orders, broker assignments, status updates and completed reports are tracked through a fully auditable workflow and reporting engine.
“Servicers and REO managers require solutions that can handle high volume and automate traditionally manual processes to gain speed and efficiency,” Vladimir Bien-Aime, CEO of Global DMS, said in the release. “EVO-BPO is designed specifically for these clients providing an end-to-end BPO, CMA and inspection management platform with unparalleled workflow automation and compliance oversight.”
The platform integrates directly with popular servicing systems and can also accept and return data via the EVO Open API.