Omaha, NE (PRWEB) October 17, 2007
Mortgage Electronic Registration System, Inc. (MERS), a conglomerate created by the real estate finance industry to streamline mortgage processes by using electronic commerce, has implemented WorldView Ltd.'s hosted document management solution. With more than 3,000 lenders registering an average of 25,000 loans a day in the MERS system, MERS needed a faster and more efficient way to access and cross-reference their vital information.
WorldView's account executives evaluated MERS' document needs and workflow practices and discovered that MERS needed instant access to their customer files, the ability to process new member applications on-line, and to improve their disaster recovery plan. Additionally, MERS needed to eliminate physical storage of their member files.
"Companies like MERS are a perfect fit for a hosted document management solution," says WorldView President, Tom Hassenstab. "Their decision to adopt a hosted solution reflects the growing trend towards businesses implementing a Software as a Service (SaaS) business solution. To remain competitive, companies must streamline their paper-intensive processes to become more efficient, and the hosted model is the most cost effective way to facilitate these efficiencies within the corporate environment."
In a matter of weeks, MERS began storing more than 60,000 documents while utilizing MS Full-Text Indexing, Outlook Integration, Version Control, and Report Services, all within the hosted environment. A phase two roll out will include incorporating additional functionalities such as WorkFlow and E-Forms, allowing MERS to better streamline their company's business processes for continued success.
With WorldView's hosted document management solution, MERS adopted a solution to meet their unique needs and gained all the benefits of an on-premise solution at a fraction of the cost.
About WorldView Ltd.
WorldView Ltd. is an Internet-based document management service provider offering secure, hosted and on-premise Enterprise Content Management (ECM) solutions that enable organizations to store, manage, and share vital information between employees, vendors, partners, and customers. Today, WorldView is storing 50+ million documents for more than 1,500 business professionals across North America. For more information, visit http://www.worldviewltd.com.
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