Ocwen Financial to recommend Hyland Software to clients
By Samuel Abraham
Ocwen Financial, a provider of business process outsourcing services, will recommend Hyland Software's OnBase system to its customers as a complementary product to its RealSynergy Commercial Real Estate and Multi-Family loan servicing platform.
OnBase is enterprise content management software that integrates document management, business process management and records management in a single application. OnBase allows organizations to automate business processes, reduce time and cost and improve efficiency through document imaging, content management and workflow services.
Deborah Winslow, director of RealSynergy at Ocwen, said: "Integrating RealSynergy with OnBase helps commercial lenders and servicers in several ways. It helps them to cut costs and reduce the use and storage of paper documents. It also helps them to become more efficient in their day-to-day loan servicing operations. These benefits are possible thanks to OnBase's advanced document management and workflow capabilities. This partnership is about giving our customers the tools they need for a more effective loan management process."
Jason King, director of financial services and insurance at Hyland Software, said: "We know the financial services industry. Our customers want to complete loans quicker and more efficiently. Being able to move on to the next loan keeps revenue flowing, and improved customer service builds repeat business. We developed our solution to help lenders and servicers become more successful today, tomorrow and in the future."