eGistics, Inc., said Monday that it has launched a hosted solution that image-enables the lending process from end-to-end. The solution streamlines the lending process from loan application to resale by using on-demand images, routing and workflow to significantly reduce the friction, time and cost of paper-constrained processes, the company said in a press statement.
â€œToday's launch marks a significant milestone for the lending industry as we help drive the transformation from paper to electronic processing, just as we have done in the payments arena,â€? said eGistics chairman and CEO Bob Lund.
â€œBy combining our hosted, component-based architecture with advanced workflow and process automation technologies, we're changing the way companies manage the lending process, end-to-end.â€?