ACES Audit Technology expedites turn times, increases reliability and imparts standardization, accountability and auditability in virtually any quality control process. It can be used across departments and silos, regardless of how nuanced the requirements or regulations are. ARMCO consolidated QC for mortgage and consumer lending into one central unit and reduced monthly reports for lenders from eight manually compiled reports to one interactive report.
- Recaptured roughly 16 skilled labor hours per month to QC the same volume of loans
- Reduced turn times for month-end reports from several days to roughly one hour
- Replaced email and spreadsheets with a secure, real-time online platform that enables seamless real-time information sharing among multiple locations