TheMReport — News and strategies for the evolving mortgage marketplace.
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M R EP O RT | 31 BEST IN VALUATION PROVIDERS KEY PERSONNEL Vladimir Bien-Aime CEO and President Jody Collup COO Michael Quaranto CISO/VP of Technology CONTACT INFORMATION 1555 Bustard Road, Suite #300 Lansdale, PA 19446 877.866.2747 Contact: Jessica.thompson@globaldms.com COMPANY DESCRIPTION Founded in 1999 and headquartered in Pennsylvania, Global DMS is a leading provider of cloud-based commercial and residential real estate appraisal management software. The company's solution set is cost-effectively delivered on a software-as-a-service (SaaS) transactional basis that ensures compliance adherence, reduces costs, increases efficiencies, and expedites the entire real estate appraisal process. Global DMS' solutions include its EVO-Res® platform for residential lending, EVO-C® platform for commercial lending, SnapVal™ appraisal pricing solution, AVMs, MyEVO™, and the MISMO Appraisal Review System (MARS®). Global DMS' EVO is an appraisal management software that simplifies the entire appraisal process from A-Z by providing a centralized platform that facilitates all documentation and communications, with custom dashboards and task lists based on the user's role that prevents the cross-population of work—enabling a cohesive workflow. EVO is completely different from other platforms on the market in that it is user-customizable. With a couple of clicks, designated users can customize fields to their exact needs, no matter the business model, without having to rely on time-consuming and expensive custom development work by third parties—or annoying workarounds. EVO's configurability also extends to other crucial areas of the platform, including its workflow automation, user permissions, dashboards, communications, forms, reports, and more. Additionally, what makes EVO different than others in the market is the recent announcement Global DMS' newest feature: MyEVO, exclusively for users of EVO appraisal management technology who want to work on the go. The EVO platform can now be accessed via Amazon Alexa voice control using MyEVO—the first and only appraisal management software to include this capability. MyEVO allows EVO users to securely access their accounts through voice control via Amazon's Echo, Echo Dot, Echo Tap, and Alexa app, where they can order and track appraisals as well as get EVO updates. EVO is also the only platform available that can fully handle both commercial and residential real estate appraisals. Though many other platforms claim this capability, EVO is the only software that can facilitate and automate the entire commercial appraisal process (from initial bidding to final delivery) and residential appraisal process (from initial assignment through final delivery) from one centralized platform. EVO not only allows users to seamlessly manage both lines of business, but its configurability also puts them in direct control of their appraisal management software. Powered by artificial intelligence and advanced cascading decision technology, EVO lowers collateral risk by instantly reviewing appraisal reports as they are delivered by appraisers. This prevents costly and time- prohibitive back-and-forth revisions. It provides complete visibility via custom, built-in reports, which can be run ad hoc or automatically during any point of the process. EVO also offers sound appraisal compliance via reliable automation—all backed by the industry's only Compliance Guarantee Program. EVO also boasts the most user-friendly navigation possible that, combined with cutting-edge, intuitive design practices, gets users up and running in days and keeps them running with minimal business interruptions when updates are needed due to process or industry changes. Clients rave about the ease of EVO and customization features, and many customers talk about EVO's vendor management that comes with auto- assignments, DNU/Approved lists, and fee tables, which greatly reduce time for lenders. Customers also love our automated appraisal review, which can provide instant directives on a resolution. Resistance to change has been an industry standard, but we hear many got caught in a mess when the pandemic hit. Lenders and AMCs should make sure they are not left behind and unable to compete in a super-competitive environment. While transitions can be painful with the wrong software and the wrong guidance, with EVO you are getting a software that is easy to implement—we have had lenders transition onto the platform in less than 30 days. Global DMS will guide you every step of the way. Global DMS utilized its 22 years of experience working with various mortgage lenders, AMCs, credit unions, and appraisal firms of all sizes to produce EVO—a software that yields true results by providing the functionality needed to meet today's challenges and beyond. For more information, visit GlobalDMS. com or call 877.866.2747. Global DMS