VAS Software is a new service launched by Valuation Audit Services (VAS) allowing lenders to manage their existing valuation panel or create a new one.
The service is available lenders of all sizes and those who are new to the market building their first valuation panel.
Stephen Todd, founder and director of Valuation Audit Service, said: "Finding the right valuer, in the right location, with the right experience, is paramount to reducing lending risks.
“As our software is cloud based any updates can be made instantly with all users being able to access the software from any location at any time.
“This allows greater control over which valuer is instructed and allows a lender to forge relationships with local valuers across the UK."