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Electronic Forms (e-Forms)

Electronic Forms

An electronic form is a template with data fields that was created digitally or converted from a paper based form. These data fields are used to collect raw data that is made available online, in software applications, portals, or mobile devices. Most electronic forms are created and managed by modules that integrate seamlessly with third-party applications that verify data, instantly make calculations, add them to workflows and more.

By beginning with an electronic form, businesses eliminate the need for document capture software later down the line. The data is seamlessly pushed to any line of business application. With digital signatures, workflow automation, and approval cycle times, time for business processes are significantly reduced.

Replacing paper forms with electronic forms allows for business leaders to focus on the core underlying purpose the form was created for.

Other benefits include:

  • Full audit trail
  • Improved security
  • Integration with third party applications to validate data before it is ingesting in other line of business applications
  • Standardized data that is collected, validated and stored in the same manner

Contact MetaSource to learn more about our Electronic Forms

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Whitepaper: Leveraging Better Data & Process Management for Success In Mortgage Servicing Transfers

Regulatory risk around servicing transfers continues to be a hurdle for enticing investors to engage in the market. This is largely dependent upon lenders’ ability to ensure the quality of the assets being traded. The best strategy for taking the risk out of servicing transfers from a regulatory standpoint and verifying the soundness of underlying assets is through enhanced data and process management.