Connexions

How Auto Assigning Appraisals Benefits the Lending Community

Connexions revolutionizes appraisal management with automation, boosting efficiency and accuracy.

Sep 28, 2023

Blog

In our experience, the cost-efficiency of reducing staff reliance and eliminating human error is truly remarkable. Connexions is here to revolutionize your appraisal management process, bringing efficiency and accuracy to the forefront with our automated assignment engine. 



Understanding Automated Assignment Workflows 

The Connexions Assignment Engine is designed to streamline the appraisal assignment process, making it faster, smarter, and more efficient. It leverages advanced algorithms and real-time data to match appraisal orders with the most qualified appraisers in a network based on custom criteria. This automated process ensures that every assignment goes to the right appraiser with the right qualifications and availability, significantly reducing the risk of delays or errors.  


How an Automated Assignment Engine Drives Success 

  1. Customizable Workflow: We understand that every lending institution operates differently, and that's why our system is designed to accommodate your business rules. Whether you prefer a round-robin approach, percentage-based allocation, or ranking-based assignment, our automated system ensures that the right appraiser is matched with the assignment, every time. 

  2. Reduced Turnaround Times: Connexions' Assignment Engine ensures that appraisal orders are assigned promptly, leading to faster turnaround times. This provides a better service to clients and also helps lenders and AMCs meet industry compliance standards. 

  3. Improved Quality: By matching assignments to the most qualified appraisers, Connexions enhances the overall quality of appraisal reports. This eliminates human error and reduces the likelihood of revisions and disputes, saving time and reducing operational costs significantly. 

  4. Enhanced Visibility: With real-time tracking and notifications, Connexions keeps all stakeholders informed about the status of appraisal orders. This transparency minimizes uncertainty and improves communication. 


Elevating Appraisal Management with Connexions' Assignment Engine  

By automating and optimizing the assignment process, Connexions ensures faster turnarounds, higher quality appraisals, and improved communication—all essential components for success in the lending industry. If you're ready to embrace the future of appraisal management, get in touch with our sales team to learn more. 


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