YouConnect© Software Launch Timely For Banking Industry

PRLog (Press Release) - Nov 11, 2009 -
RealWired announces the launch of YouConnect©, for the banking industry.  YouConnect© is a Web-based Appraisal Ordering and Vendor Management solution enabling banks and financial institutions to automate and streamline their business, while satisfying state and federal examination and auditing requirements. YouConnect© provides vendor management, workflow management, status tracking, storage and management reporting in a secure easy to use format which is accessible anytime and anywhere.

The credit crisis has highlighted the need to carefully and accurately manage who orders and reviews appraisals while examiners emphasize the need for banks and financial institutions to prove high levels of safety, soundness and compliance throughout their organizations.  You Connect© fits these needs.

YouConnect© allows banks and financial institutions to:

•   Electronically create Request for Proposals and Awards for Services.
•   Demonstrate the separation between lending and the appraiser selection process.
•   Customize and access reports for tracking fees, time, volume, portfolio size, asset tracking, risk management and internal tracking for regulatory control.
•   Manage internal tasks, reviews and disbursements.
•   Provide document management and storage.
•   Provide bank examiners with easy access to appraisal files, both off and on-site.
•   Reduce administrative time on appraisal ordering process by 35 to 45%.

Photo:
http://www.prlog.org/10409928/1