solve the mortgage processing "paper problem"

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  1. 1. Solving the Paper ProblemSolutions for the Mortgage Industry Phil Robinson SVP Business DevelopmentZia Consultingphil@ziaconsulting.comRyan McVeigh VP ECM PracticeZia
  2. 2. The Paper Problem Hundreds of Pages, Dozens of Document Types Expensive and Potentially Costly Competitive Disadvantage Non-Compliance
  3. 3. The Paper ProblemIs a Content Problem Your Business is Contracts.Contracts = Content We are focused onbuilding your ContentConnected Enterprise
  4. 4. Solutions for theMortgage Industry
  5. 5. Mortgage BankingApplications or ContentConnectedEnterprise
  6. 6. Who has Paper Problems? Mortgage Banks Title Companies Mortgage Insurers Appraisal Companies Rating Agencies
  7. 7. Why Now? Competition Compliance New Standards
  8. 8. What are you doing? Going Paperless: Intelligent Document Capture (IDC)
  9. 9. What are you doing? Secure Collaboration Alfresco Share MTNow
  10. 10. What are you doing? Workflow / BPM Electronic Signatures
  11. 11. What are you doing? Enterprise Integration Point-to-Point Enterprise Service Bus (ESB) Email Integration
  12. 12. What are you doing? Cloud Public Private Hybrid
  13. 13. What are you doing? Secure MobileMobile
  14. 14. What are you doing? Records Management Paperless (Electronic RM) Compliance
  15. 15. Questions?Or Lunch?
  16. 16. Back to the Paper Problem About those Loans Hundreds of pages of paper in each loan Dozens of different document types Unstructured Content Different paper sizes Typed / printed / signeddocuments
  17. 17. What are you doing? Going Paperless: Intelligent Document Capture (IDC)
  18. 18. What is IDC? Classification and Extraction - without separator sheets or barcodes Free form extraction Key Value, Regular expression Table extraction Handwriting recognition OCR/ICR/OMR integration Content delivered to storage
  19. 19. Introducing Ephesoft Modern Alternative to Legacy Capture Systems Rapid ROI No Per-Page Pricing 100% web-based interface - Administration andOperator Browser-based scanning included
  20. 20. Ephesoft for Loan Processing Over 50 years combined experience in capture of loan documents Responsible for some of the worlds largest implementations for mortgage documents Not just scanned paper fax, email,. Unstructured content Drivers License, W2s, Tax Documents
  21. 21. What about my current scanning software? Im using Capture So2ware Without Indexing Capability and/or Receiving Images And Manually Classifying Epheso2 oers: Auto ClassicaFon Auto ExtracFon Less Manual Processing More Timely More Accuracy
  22. 22. What about my current scanning software? Im using a capture tool like Kofax Ascent Capture or CapFva CaptureQuickScan Pro Epheso2 oers: Client Server Architecture Includes WebScanner OCR ClassicaFon No Need For Pre Batch Processing Free Form ExtracFon Table ExtracFon HandwriTen RecogniFon and Checkbox ExtracFon Can Be Extended
  23. 23. What about my current scanning software? Im using a capture tool like Kofax KTM or CapFva Advanced RecogniFon Epheso2 oers: No Click Charges Monthly, Quarterly, Yearly Volume RestricFons Train For ClassicaFon with 1 or 2 Samples No StaFon Charges No Module Charges (invoice extracFon, full text module, import/export connectors, eld number restricFons, etc) Purchase or SubscripFon Responsive and RecepFve Support Group Client Server
  24. 24. Want to Learn More?
  25. 25. Case Study #1 Regional Mortgage BankIntelligent Capture Solution
  26. 26. Case Study #1 Regional Mortgage BankFacts & Figures 4,000,000 pages/year 225 different document types 95% accuracy in classification 1/3 previous staff levels ROI = less than 6 months
  27. 27. Case Study #2Mortgage InsuranceIntelligent Capture to Alfresco
  28. 28. Case Study #2 Mortgage InsuranceFacts & Figures 250+ Document Types Appraisal, Income,. 1.3 million pages / month
  29. 29. Ephesoft Solution Social Purchase Date Amount Address Security # Order # LOAN APPLICATION IRS 1040 APPRAISAL INVOICE LETTER PAPER DOCS E-MAIL FAX 1. IdenFes the categories (document types) 2. Learns from samples 3. Classies incoming documents and extracts data 4. Outputs metadata to start business process ow
  30. 30. Paper to Mobile Solutions Platforms Document & Records Management Workflow/BPM Intelligent Document Capture Portals Solutions Case Management Contracts Management Email Integration Content Migration
  31. 31. Zia in 2013Programs & Packages IT Modernization Enterprise Integration Enterprise Mobility Zia Managed Cloud Enterprise Now PackagesZia EnterpriseNow Packages
  32. 32. Partnerships
  33. 33. How do you get started? Enterprise Now Package Intelligent Capture Assessment Secure Mobile Join Us!
  34. 34. Questions? Phil Robinson SVP Business DevelopmentZia Ryan McVeighVP ECM Practice Zia Consulting


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