Business Process Automation
Healthcare and mortgage companies are both challenged with maintaining growth and profitability while maximizing operational efficiency. Both industries rely heavily on disparate, legacy systems to manage constantly fluctuating workloads with manual human intervention that leads to costly and time-consuming processes, errors and rework which cuts into profit margins.
Over 120 enterprise clients trust the expertise of HPA to automate manual business processes and deliver consistent, reliable outcomes. Every day, our robust digital workforce processes tens of thousands of tasks across our clients’ current applications using HPA’s advanced proprietary technology.
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Mortgage Process Automation – Product Release
HPA has spearheaded many successful automation initiatives in the mortgage industry and can automate 85% of the mortgage originations process with RPA, OCR, and newly developed plug-and-play solutions called Cognizant HPA Quick Automate. Currently, Quick Automate has a handful of solutions that cover post-close steps such as MERS® registration and transfer, investor stipulations, and purchase advices.
HPA Quick Automate Solutions
“HPA’s automation is a success on all fronts. Our business partners appreciate the speed, and our employees have the flexibility to focus on more challenging tasks.”Brad Friedman, Capital Markets Analytics Manager, Guild Mortgage Company LLCMortgage Process Automation Case Study
With HPA, lenders can save time and money, to focus more on borrowers, loan officer retention, and scaling their business. They can also keep operating costs at 33% below the industry average, reduce average loan closing time by 20 days and provide on-time closing guarantees to borrowers.
HPA can automate 85% of the loan cycle through pre-built robots, accelerators, connectors, and its newest plug-and-play solutions called Cognizant® HPA Quick Automate. Currently, Quick Automate has a handful of solutions that cover post-close steps such as MERS® registration and transfer, investor stipulations, and purchase advices.
Automation solutions for mortgage
With deep expertise in healthcare process automation, HPA helps payers reduce time-consuming operational tasks, improve administrative efficiency, and ensure accurate data management across the technology solution set, including TriZetto® Facets®, QNXT™, QicLink™, as well as third-party applications like McKesson CCMS and VITAL, CMS PC Pricers, ITS, Blue2, MedHOK, Micro-Dyn DRG and APC, and Medi-Cal sites.
Automation solutions for healthcare