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Visionet Systems Announces Integration
with LendingQB
Adds seamless electronic document processing technology and services to mortgage lending
LOS
CRANBURY,New Jerseyand COSTA MESA, California– April 14, 2016 – VisionetSystems Inc.,aleading
automateddocumentclassification,indexinganddataextractionproviderforthe mortgage industry,is
pleasedtoannounce ithascompletedanintegrationwithloanoriginationsystem(LOS)provider
LendingQB.The integrationenhancesoperational efficiencybyseamlesslyautomatingdocument
managementwithinthe mortgage lendingworkflow.
VisionetSystemshasover20 yearsof experience inprovidingbusinesseswithinnovativesolutionsfor
electronicdocumentprocessingandBusinessProcessOutsourcingservices.Visionet'sVisiLoanReview
(VLR) Platformisa solutionformortgage lendersthateliminatesthe manual splittingandindexingof
documentsthatimpedesthe loanprocess."Lendersspend between30and 120 minutescombing
throughdocumentpackagesoneveryloanfile,"saidArshadMasood,CEOof Visionet."Ourtechnology
and servicesallow lenderstooffloadacumbersome andtediousprocessandimprove the efficiencyand
scalabilityof theirorganization."
The integrationallowsusersof the LendingQBsystemtoautomaticallypushelectronicdocumentsto
VLR fordocumentprocessing,whichsplitsdocumentpackages,indexesindividual documentsand
extractsdata elementsaccordingtothe needs of the LendingQBclient.Visionetprovidesawhite glove
service whichhandlesall exceptionprocessing,includingthose involvinghandwrittendocumentsand
borrowersuppliedcorrespondence.Eachdocumentisthenmappedtolender-specificnaming
conventionsandautomaticallyinsertsthe documentsbackintothe LendingQBloanfile.Visionet's
clientshave reportedefficiencygainsof 30 percentor more usingthe VLR platformandservices.
"We are verypleasedtoadd Visionet'scapabilitiestoourplatform," saidBinhDang,Presidentof
LendingQB."Ourtwocompanieshave asharedgoal of helpingmortgage lendersbecomeleanerand
more effectiveorganizations.The integrationof VLRistrulysynergisticbecause itmergesourcore
capabilitiesandtransformsthe waythatlenderswork."
Visionet'sMasoodagreed.“Visionetiscontinuallyenhancingourcapabilitiesformortgage lenders,and
we welcome opportunitiestopartnerwithleadingLOSproviderslikeLendingQB. We lookforwardto
providingLendingQB’sclientswiththe provenprocessefficienciesprovidedbyourunmatched
technologyandpeople.”
About VisionetSystems
Cranbury,NJ-based- VisionetSystems,Inc.isafull-servicetechnologyconsultingandbusinessprocess
outsourcingcompany.Visionetdeliverssoftware solutions,services,andtechnology-ledBPOproducts,
whichare builtonthe best-of-breedphilosophytohelpourcustomersincrease businessagility,drive
downtheircostsand reduce risks.Overthe years,Visionethasengineeredhighperformingandcost-
effectivesolutionsforitscustomersacrossdiverseindustriesincluding,banking,retail,insurance,
distributionandmanufacturing,while buildingdeepcompetenciesinthe mortgage Industry.We are
focusedondeliveringvalueandexceedingcustomerexpectations.Formore information,visitusonline
at http://www.visionetsystems.com.
About LendingQB
LendingQBisa providerof 100 percentwebbrowser-based,end-to-endloanoriginationsoftware
offeringresidential mortgage bankingorganizationsleanstrategiesforoptimal performanceresultingin
fastercycle time andlowercostsper loan.For more information,pleasecall 888-285-3912 or visitour
website at:lendingqb.com.
###
MEDIA CONTACTS:
VisionetSystems
Marlo J. Bodinizzo
4 CedarbrookDrive,Bldg.B
Cranbury,NJ08512
Phone:609.452.0700 X 1150
Email: marlo.bodinizzo@visionetsystems.com
LendingQB
LinnCook,SeniorCommunicationsManager
Phone:714-957-6334 x2271
Email: lncook@lendingqb.com
###

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Visionet Systems Announces Integration with LendingQB

  • 1. Visionet Systems Announces Integration with LendingQB Adds seamless electronic document processing technology and services to mortgage lending LOS CRANBURY,New Jerseyand COSTA MESA, California– April 14, 2016 – VisionetSystems Inc.,aleading automateddocumentclassification,indexinganddataextractionproviderforthe mortgage industry,is pleasedtoannounce ithascompletedanintegrationwithloanoriginationsystem(LOS)provider LendingQB.The integrationenhancesoperational efficiencybyseamlesslyautomatingdocument managementwithinthe mortgage lendingworkflow. VisionetSystemshasover20 yearsof experience inprovidingbusinesseswithinnovativesolutionsfor electronicdocumentprocessingandBusinessProcessOutsourcingservices.Visionet'sVisiLoanReview (VLR) Platformisa solutionformortgage lendersthateliminatesthe manual splittingandindexingof documentsthatimpedesthe loanprocess."Lendersspend between30and 120 minutescombing throughdocumentpackagesoneveryloanfile,"saidArshadMasood,CEOof Visionet."Ourtechnology and servicesallow lenderstooffloadacumbersome andtediousprocessandimprove the efficiencyand scalabilityof theirorganization." The integrationallowsusersof the LendingQBsystemtoautomaticallypushelectronicdocumentsto VLR fordocumentprocessing,whichsplitsdocumentpackages,indexesindividual documentsand extractsdata elementsaccordingtothe needs of the LendingQBclient.Visionetprovidesawhite glove service whichhandlesall exceptionprocessing,includingthose involvinghandwrittendocumentsand borrowersuppliedcorrespondence.Eachdocumentisthenmappedtolender-specificnaming conventionsandautomaticallyinsertsthe documentsbackintothe LendingQBloanfile.Visionet's clientshave reportedefficiencygainsof 30 percentor more usingthe VLR platformandservices. "We are verypleasedtoadd Visionet'scapabilitiestoourplatform," saidBinhDang,Presidentof LendingQB."Ourtwocompanieshave asharedgoal of helpingmortgage lendersbecomeleanerand more effectiveorganizations.The integrationof VLRistrulysynergisticbecause itmergesourcore capabilitiesandtransformsthe waythatlenderswork."
  • 2. Visionet'sMasoodagreed.“Visionetiscontinuallyenhancingourcapabilitiesformortgage lenders,and we welcome opportunitiestopartnerwithleadingLOSproviderslikeLendingQB. We lookforwardto providingLendingQB’sclientswiththe provenprocessefficienciesprovidedbyourunmatched technologyandpeople.” About VisionetSystems Cranbury,NJ-based- VisionetSystems,Inc.isafull-servicetechnologyconsultingandbusinessprocess outsourcingcompany.Visionetdeliverssoftware solutions,services,andtechnology-ledBPOproducts, whichare builtonthe best-of-breedphilosophytohelpourcustomersincrease businessagility,drive downtheircostsand reduce risks.Overthe years,Visionethasengineeredhighperformingandcost- effectivesolutionsforitscustomersacrossdiverseindustriesincluding,banking,retail,insurance, distributionandmanufacturing,while buildingdeepcompetenciesinthe mortgage Industry.We are focusedondeliveringvalueandexceedingcustomerexpectations.Formore information,visitusonline at http://www.visionetsystems.com. About LendingQB LendingQBisa providerof 100 percentwebbrowser-based,end-to-endloanoriginationsoftware offeringresidential mortgage bankingorganizationsleanstrategiesforoptimal performanceresultingin fastercycle time andlowercostsper loan.For more information,pleasecall 888-285-3912 or visitour website at:lendingqb.com. ### MEDIA CONTACTS: VisionetSystems Marlo J. Bodinizzo 4 CedarbrookDrive,Bldg.B Cranbury,NJ08512 Phone:609.452.0700 X 1150 Email: marlo.bodinizzo@visionetsystems.com