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Accounting Automation
CoreLogic Complete Collateral™ technology platforms include a comprehensive accounting automation solution designed to streamline the borrower’s experience and improve relationships with appraisers. By eliminating distractions in your collateral-related accounting process, your lending organization can spend less on invoice processing, avoid accounts payable overhead, and simplify tax record management. This “exception-based” workflow means your team only spends time on complex orders, letting you focus on high-quality loan production.
Product Fast Facts
#1
IRS-matched tax ID records and complete transaction history simplify account reconciliation and your 1099 process at tax time.
#2
Automated payments to appraisers are based on the agreed-upon fee in Mercury Network or CMS. Appraisers are paid in days, not weeks.
#3
Custom-branded notifications and a pay anywhere transaction page enable borrowers to quickly pay via credit card for their appraisal—all automatically.