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Since January 2014, more than 20 additional clients have benefited from RES.NET’s custom workflow capabilities. Based on each client’s unique set of business requirements and criteria for compliance metrics, RES.NET enables them to create their own sequence of tasks and modify workflows in just minutes.

RES.NET’s custom workflow capabilities are unlike other products available to servicers, which require months of development and ultimately an investment of hundreds of thousands of dollars each year in software programming expenses. RES.NET now provides servicers the advantages of customized solutions with the ease and affordability of an “off the shelf” platform.

“Remaining compliant largely depends on servicers’ ability to adjust their processes quickly at any given time; and the volume of tasks we have helped clients deploy is a testament to that,” says Keith Guenther, CEO of USRES and RES.NET. “For many of our clients, this functionality has become a significant contributing factor to their compliance efforts while also helping them boost productivity and easily create a hierarchy for the liquidation process.”

RES.NET account managers evaluate each client’s business and compliance considerations and help them design their optimal, custom workflows and individual custom tasks. RES.NET enables REO and short sale servicers to better manage their portfolios by uniting all parties involved in a real estate transaction, including investors, outsourcers, agents, consumers and vendors. Once a custom workflow is created, servicers have the authority to establish access levels for every user to provide for both transparency and accountability among suppliers and internal departments.

“With so many moving parts, parties involved and changing regulations, having a workflow solution is extremely important to our clients today,” adds Guenther. “The speed with which they can tailor their workflows through RES.NET truly provides them customized software—built for their businesses and portfolios—without the added expense or overhead.”

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