Product Description

Fee Engine

Specialized software platform

The VizionX Fee Engine is a specialized software platform designed to streamline and automate the fee calculation process for title insurance transactions. This system is intended to ensure compliance with industry standards and regulations, enhance accuracy in fee calculations, and improve operational efficiency for title companies and related entities.

Key Features:

Rapid Nationwide Search:

  • Provides comprehensive search capabilities across multiple jurisdictions, allowing for instant access to fee information.
  • Displays real-time results for fees and title companies, ensuring up-to-date and accurate data.

Convenient Quote Management and Seller Net Sheet:

  • Enables users to download, save, and directly open orders within several different TPS platforms.
  • Direct links to several national underwriters and recording fees.

Effortless Audit & Quoting:

  • Simplifies the quoting process with automated, time-stamped results.
  • Streamlines compliance with detailed records and transparent documentation.

Dashboard for Ease of Access:

  • Offers a user-friendly interface for managing and retrieving saved quotes.
  • Provides a simplified, intuitive visual display of data for efficient navigation.
  • Custom Reporting Dashboard for collection of usage statistics.

Seamless, SaaS-Based Operations:

  • Allows access from any location via a cloud-based platform.
  • Ensures users always have the latest data and features through automatic updates.

Complete Control for Title Companies:

  • Provides customization options to match unique business needs without requiring technical expertise.
  • Allows for easy adjustments and configurations to accommodate specific requirements.

Unique Client Relationship Fee Structures:

  • Supports the creation of tailored fee profiles for specific clients.
  • Enables the delivery of precise, client-specific fee calculations for different client segments.

Accuracy & Regulatory Compliance:

  • Ensures the highest degree of accuracy in fee calculations, reducing the likelihood of errors and discrepancies.
  • Maintains compliance with all relevant regulatory standards, providing assurance of legal conformity.

Legal and Compliance Information

The VizionX Fee Engine is developed and maintained in accordance with industry best practices and regulatory requirements. It includes features to support compliance with applicable laws and regulations, ensuring that all fee calculations and related processes meet the necessary legal standards. The platform’s architecture is designed to provide secure, reliable performance, and includes measures to protect sensitive data and maintain data integrity.

Conclusion

The VizionX Fee Engine is a robust, legally compliant solution for automating fee calculations in the title insurance industry. Its comprehensive features and emphasis on accuracy, flexibility, and compliance make it an essential tool for title companies seeking to enhance their operational efficiency and ensure regulatory adherence.

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