Connexions, an AMC software provider, is focused in on how to support AMC businesses more, according to a press release.

As a cloud-based platform, Connexions has invested in major enhancements to modernize valuations and support AMCs’ success. These investments create stronger partnerships, mitigate appraisal risk and enhance the platform’s flexible appraisal management solution, according to the company.

Key enhancements include intelligent accounting solutions. Connexions introduced tailored payment processing and accounting solutions to streamline invoicing and financial operations, including managing appraiser W9s and 1099s, facilitating seamless transactions, and a new feature for soliciting multiple quotes from appraisers to find the quickest and most economical options.

“The platform includes an automated EAD/UCDP process for electronic submission of appraisals to Fannie Mae and Freddie Mac, integration with ACI Sky for quality control, and sophisticated integrations compatible with all major LOS systems for effortless order placement,” Connexions said in the release. “The vendor directory and vendor management features ensure automatic re-assignment for rejected appraisals, enhancing the accuracy of the valuation process. Providing a database of thousands of qualified and vetted appraisers nationwide and inviting everyone to your panel enhances communication and efficiency across the board.”

Additionally, the platform offers customization capabilities, such as auto-assigning appraisers based on specific criteria and creating lender-specific appraiser panels. This includes user-friendly scheduling interfaces and detailed appraiser performance metrics, allowing for precise and efficient management of appraisal processes.