CasePRO is looking to bring affordable processing technology to the market and show firms that they could be saving money and making their businesses more efficient by embracing technology as a vital helpmate.
Research by CasePRO reveals that up to 50% of mortgage brokerages still rely on manual record keeping in one form or other and that many others have yet to introduce an end to end solution, which is less reliant on human intervention, instead still relying on mismatched or outdated spreadsheet software programs.
Chris Waite, managing director of CasePRO, commented: “The administrative burden on all financial services businesses continues to grow. The cost of compliance alone in terms of time and effort to stay ahead of the need for accurate and available reporting, makes it imperative that every business, whether mortgage or investment based, should be looking to automate its administrative processes.
“The time when manual file keeping was sufficient is past. The demand on businesses to free up time for new business acquisition as well as ensuring that service levels are maintained and records are instantly available for compliance scrutiny means that all businesses should be investing in a technology answer.”
