Loan Software And SaaS

April 16, 2010 - PRLog -- One term you will most likely turn into acquainted with in the close to future you probably have not already is SaaS Model. SAS stands for Software as a Service. Historically a shopper would buy a Links Mortgage Origination System  bundle, install the software program on their native workstation or servers, after which help the software program themselves. With the software program as a service approach the software is instead licensed and supported by the creator’s company. The consumer installs some kind of software which permits them access by way of the internet to the full utility with the software as a service model.

Why use Mortgage software program as a service?

There are a number of advantages to the mortgage software (http://www.atlos.com) as a service model as offered by ATLOS. One of many largest benefits is cost. Buying a software program utility is usually going to be a huge upfront expense that many companies aren't capable of make. Relatively than spending an enormous amount of money upfront on a purchase order, the Loan Processing Software as a service mannequin allows the person to pay a really minimal monthly charge to get access to the software. This enables the mortgage firm to simply offset the cost as they generate enterprise revenue. With conventional means they must spend a large sum of money upfront and then not notice a monetary benefit for an prolonged interval of time.

One other related benefit of the mortgage software program as a service model is that you do not need to have any particular coaching or equipment to use the software. If you happen to have been to buy a product and host it regionally you would need servers, bandwidth, network connections, and support employees to handle the application. These are all further expenses on high of the massive upfront expense it took to acquire the software in the first place. Mortgage companies are saving man hours, lowering their bodily space and resources wanted, in addition to saving additional money by buying mortgage software program as a service.

All of these saving do take note of the extra financial and time savings that the utilization of the software can convey into their business. Mortgage software program (http://www.atlos.com) in particular is able to save mortgage operations hundreds of dollars per mortgage file in man hours and extra bills through the use of the software as a service.

Moreover using a hosted answer implies that your company is making a dedication to scale back paper waste and “go green”. This is a buzz word being used in marketing throughout many vertical markets proper now. By adopting paperless mortgage expertise you will join the ranks of other cutting edge companies which might be embracing inexperienced technologies and utilizing that facet of their software providers as a advertising and marketing point. Saying that your organization is a inexperienced mortgage firm dedicated to lowering it’s carbon footprint will can help you be seen in a really favorable mild by potential clients. When mortgage programs and rates of interest are less a deciding issue, marketing slogans like “going green” can help you stand out of the competition.

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ATLOS is a web-based mortgage software used for loan processing, loan underwriting, loan compliance, and loan file retention. Visit us online to learn more at http://www.atlos.com