Powered by Workflow and Rules
DRI Office was built with a vision to automate what is manual. After 27 years in the default industry we know that there will always be new challenges. From the changing landscape of the real-estate market to the ever increasing influence of regulatory compliance there will always be something else to automate.
Therefore DRI is built out of the box with 27 years of default experience, automation included. More importantly we have an architecture that will allow us to rapidly adapt to the changes that we don’t even know about yet. That’s right DRI Office can help you be ready for the regulations the Consumer Financial Protection Bureau (CFPB) hasn’t thought of yet.
DRI Office tools allow us to rapidly respond to changing business needs
Workflow is the first piece to automate manual. DRI Office comes loaded with tasking against standards and reporting to know if your people are on task. In addition DRI Office can grow to your needs with configuration and customization options.
Workflow becomes smart with rules. Be it a decision based on investor criteria, or an order based on a critical milestone approaching or passing, rules put business intelligence into our software features.
Workflow and Rules are the basis for Service Ordering via the DRI Office Service Ordering Platform (SOP). At the appropriate time in any process a service can be ordered by the system. This means that users are dealing with the data results and are not tied up in a process of ordering and downloading of information. This makes every user more efficient.
Beyond ordering the Service Ordering Platform reduces business costs by ensuring that non-required orders are cancelled before costs are incurred. For instance with a Foreclosure Sale the system will cancel all pending property inspections. Imagine no longer having non-reimbursable service expenses because your software canceled the order.
Services produce documents. With DRI Office Document handling the tracking of documents and storage are a part of the system. Combined with Workflow and Rules documents can be tacked at the loan or borrower level, or be a part of an approval chain to ensure accurate delivery.
Documents are the communication from our vendors. To complete that relationship we need to be able to review and approve invoice and manage vendor performance. Both of these aspects are included in DRI Office and integrated with system workflow.
Automate Manual is one of the DRI Office principles that generate business benefits. The system can lower labor costs by ensuring efficient work and more loans per FTE. Beyond tasking those employees DRI Office offers management extensive reporting capability to view progress and support teams. Finally historical data can support audit requirements and make compliance effortless no matter how many years after the file was worked that the questions are asked.
