VirPack and Calyx Software Announce New Integration
Integration brings automated file imaging to Point and PointCentral customers
MCLEAN, Va., September 17, 2018 – VirPack, a leading provider of document management, virtual workflow and eDelivery solutions for the mortgage lending industry, announced today its new integration with Calyx Software, a provider of innovative solutions to help streamline and simplify all phases of the loan process.
VirPack’s Point Integration Modules enable Calyx’s customers to utilize VirPack’s virtual file automation capabilities including: multiple methods of document capture, automated document recognition and indexing (OCR), and rule-based workflow capabilities. With VirPack’s one-click electronic loan delivery, Calyx customers also gain the ability to quickly and precisely deliver loan files and data electronically to investors, HUD for FHA insuring, servicers, subservicers, QC firms and MI companies.
McKinney, TX-based Independent Bank was one of the first Calyx customers to take advantage of the new integration module and saw immediate results. “Integrating VirPack with Calyx Point provides added efficiencies without altering processes or workflow – all within a truly paperless environment," said Kristy Robison, Senior Vice President Mortgage Operations at Independent Bank.
Point and PointCentral customers may also leverage VirPack’s preconfigured technology which enables rapid deployment and delivers immediate operational efficiency to the loan lifecycle.
“With mortgage origination costs continuing to rise, lenders need to leverage integrations between their technology providers to eliminate costly and time-consuming manual processes,” said Bob Dougherty, Executive Vice President of Calyx Software. “Calyx is proud to partner with VirPack to provide our customers seamless access to a solution that improves productivity and efficiency.”
“The positive reaction we have received from Point and PointCentral customers validates that our integration delivers increased productivity and efficiency without major IT and operational disruption,” said Wayland Pond, Chief Business Development Officer of VirPack. “Using best-in-class virtual document management and workflow technology will enable Calyx customers to fund more loans with the same staff and meet the competitive challenges of driving down per loan costs.”
About Calyx Software Calyx Software® is an established provider of compliant mortgage software solutions used by banks, credit unions, mortgage lenders, and brokerages nationwide. The company’s easy-to-use technology, including its borrower interview platform, loan origination systems, and secure electronic signature software, is designed to streamline, integrate and optimize all phases of the loan process for customers of various sizes, workflows, channels and complexities. Combined with its extensive network of vendor partners, Calyx products deliver a true digital mortgage solution that maximizes profitability and enhances the customer experience. For more information, call (800) 362-2599 or visit www.calyxsoftware.com.
About VirPack VirPack is a leading provider of document management, imaging and delivery solutions to the mortgage banking and financial services industries. Since its inception in 1998, VirPack has pioneered the development of innovative, award-winning technologies and solutions that have enabled its customers to gain competitive advantages by increasing productivity and improving operational efficiency. VirPack is used by residential and commercial mortgage bankers (depositories and independents), state housing finance agencies and other financial institutions. For additional information, visit www.virpack.com.