Overview
Accelaflow Cash Management is a cashiering solution designed to enhance efficiency and control for mortgage companies that utilize MSP, MortgageServ and other systems. Through automation and process management technology, Accelaflow provides measurable benefits.
Accelaflow Cash Management empowers a mortgage servicer to automate posting, increase fee income, improve investor ratings and easily adapt to new rules and regulations. It incorporates an organization's business rules, posting hierarchies and modified payment logic to electronically automate processing for all physical and electronic items.Cash Management will track 100% of your cash items. The majority of the processes are automated by the servicer's own business rules and posting logic, while a small percentage is handled by users through intelligent image queues.
Work Flow
Accelaflow Cash has been running mortgage cash operations for over 6 years. We are the rules engine and backbone to many existing payment systems.Clients using Accelaflow Cash Management are reporting the following automation rates (see below).
Accelaflow will provide the same benefits for your Cash Management operations.
| Standard Payments (No Stops) | 95-100% |
| Exception Payments (i.e. Stops, Short, Over, Delinquent) | 85-95% |
| Lockbox Rejects | 85-95% |
| Payoffs and Payoff Wires | 91-97% |
| HELOC Pay-downs and ARM Payments | 83-95% |
| Suspense Posting | 95-100% |
"With the Cash Management application, mistakes have gone down, loan performance has gone up, delinquencies are fewer, cash is getting processed more quickly, cash flow has improved, and the investors and customers are happier. It's a win-win situation ."
Former VP of Timeline Management
Select Portfolio Servicies,Inc
