Ingeo and Visionet Announce E-Recording Partnership: Expands Electronic Recording of Real Estate Documents Nationwide
Ingeo's Electronic Document Recording Solution, integrated with Visionet's VisiRelease mortgage software, expands submitters' reach for e-recording real estate documents to nearly 300 counties in Ingeo's network.
Logan, UT, February 01, 2009 --(PR.com)-- Ingeo Systems, Inc., the nation’s number one provider of electronic document recording technology, and Visionet Systems, a provider of products, management and process consulting and business process outsourcing to the mortgage and insurance industries, announced an integration partnership that streamlines and automates transaction-based processes associated with the electronic recording of real estate documents.
Ingeo has integrated its e-recording system with Visionet’s VisiRelease®, a lien release mortgage software product for efficiently processing mortgage loan releases and assignment documents for liens, residential loan mortgages and trust deeds. “This alliance between Ingeo and Visionet is invaluable to both companies,” said Karl Klessig, Ingeo’s CEO. “ Visionet’s customers get the benefit of submitting into all of nearly 300 counties in Ingeo’s nationwide network and Ingeo’s counties increase the number of submitters they can service electronically.”
“Visionet is always striving to enhance its solution for the customer’s benefit,” said Arshad Masood, President of Visionet. “We are pleased to partner with Ingeo to enhance electronic recording capabilities of our VisiRelease offering.” Visionet currently is live in a number of Ingeo counties and the company is working with Ingeo to connect with all as soon as possible.
Ingeo’s Electronic Document Recording System is composed of two parts: Ingeo ePrepare® for submitters and Ingeo eRecord® for county recorders. These products use open platform technologies, providing flexibility in integration with existing solutions, while allowing users to capitalize on previous investments in technology. When fully integrated, the electronic document recording process takes seconds.
In addition to all the County Recorders that Ingeo lists as customers, the company works with nearly all the major county recording system vendors, and now has 27 technology partners that have integrated their county recording systems with Ingeo, allowing their county customers to benefit from Ingeo’s electronic document recording system. When fully deployed, this will represent more than 450 counties across the nation, representing more than 50 percent of the population that has access to electronic document recording capabilities. In addition, Ingeo has partnerships with more than 20 business partners on the submitting side.
Ingeo’s Electronic Document Recording System reduces processing costs and time while complying with industry standards and improving data accuracy. In any given month Ingeo processes more documents than all other recording organizations combined. In the marketplace, Ingeo’s system services a majority of the national submitters, including nine of the top ten and the majority of the top 30 lending institutions in the U.S. This is in addition to regional and local submitters in counties where Ingeo has county recording available.
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About Ingeo
As a leader in the electronic document industry, Ingeo helps businesses and government agencies increase efficiency by providing secure electronic document recording solutions. Ingeo’s services currently enable the preparation, execution, management, validation, payment and recording of electronic documents and transactions, facilitating the automation of many repetitive, paper-based processes, saving both time and money for submitting and recording organizations. More information about Ingeo and its products can be found at www.ingeo.com.
About Visionet Systems
Cranbury, N.J.-based Visionet Systems is a full service mortgage consulting and business process outsourcing company that delivers products in the best-of-breed philosophy. Using a combination of consulting, metrics-based technology solutions and business process outsourcing, Visionet Systems helps lenders identify and remove inefficient processes to improve profitability. Founded in 1995, the company’s customers include mortgage lenders and servicers. For more information, visit www.visionetsystems.com.
Ingeo has integrated its e-recording system with Visionet’s VisiRelease®, a lien release mortgage software product for efficiently processing mortgage loan releases and assignment documents for liens, residential loan mortgages and trust deeds. “This alliance between Ingeo and Visionet is invaluable to both companies,” said Karl Klessig, Ingeo’s CEO. “ Visionet’s customers get the benefit of submitting into all of nearly 300 counties in Ingeo’s nationwide network and Ingeo’s counties increase the number of submitters they can service electronically.”
“Visionet is always striving to enhance its solution for the customer’s benefit,” said Arshad Masood, President of Visionet. “We are pleased to partner with Ingeo to enhance electronic recording capabilities of our VisiRelease offering.” Visionet currently is live in a number of Ingeo counties and the company is working with Ingeo to connect with all as soon as possible.
Ingeo’s Electronic Document Recording System is composed of two parts: Ingeo ePrepare® for submitters and Ingeo eRecord® for county recorders. These products use open platform technologies, providing flexibility in integration with existing solutions, while allowing users to capitalize on previous investments in technology. When fully integrated, the electronic document recording process takes seconds.
In addition to all the County Recorders that Ingeo lists as customers, the company works with nearly all the major county recording system vendors, and now has 27 technology partners that have integrated their county recording systems with Ingeo, allowing their county customers to benefit from Ingeo’s electronic document recording system. When fully deployed, this will represent more than 450 counties across the nation, representing more than 50 percent of the population that has access to electronic document recording capabilities. In addition, Ingeo has partnerships with more than 20 business partners on the submitting side.
Ingeo’s Electronic Document Recording System reduces processing costs and time while complying with industry standards and improving data accuracy. In any given month Ingeo processes more documents than all other recording organizations combined. In the marketplace, Ingeo’s system services a majority of the national submitters, including nine of the top ten and the majority of the top 30 lending institutions in the U.S. This is in addition to regional and local submitters in counties where Ingeo has county recording available.
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About Ingeo
As a leader in the electronic document industry, Ingeo helps businesses and government agencies increase efficiency by providing secure electronic document recording solutions. Ingeo’s services currently enable the preparation, execution, management, validation, payment and recording of electronic documents and transactions, facilitating the automation of many repetitive, paper-based processes, saving both time and money for submitting and recording organizations. More information about Ingeo and its products can be found at www.ingeo.com.
About Visionet Systems
Cranbury, N.J.-based Visionet Systems is a full service mortgage consulting and business process outsourcing company that delivers products in the best-of-breed philosophy. Using a combination of consulting, metrics-based technology solutions and business process outsourcing, Visionet Systems helps lenders identify and remove inefficient processes to improve profitability. Founded in 1995, the company’s customers include mortgage lenders and servicers. For more information, visit www.visionetsystems.com.
Contact
Ingeo Systems, Inc.
Sharyn Wilson Woods
435-755-9837
www.ingeo.com
Sharyn Wilson Woods
435-755-9837
www.ingeo.com
Contact
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