Case Studies
Texas Title Gains Financial Transparency and Performance Accountability with Entrinsik Informer
Overview
Application Infrastructure & Middleware - Data Visualization Functional Applications - Enterprise Resource Planning Systems (ERP) | |
Finance & Insurance | |
Business Operation Quality Assurance | |
Predictive Replenishment Regulatory Compliance Monitoring Remote Asset Management | |
Software Design & Engineering Services System Integration | |
Operational Impact
After implementing Informer, Texas Title saw immediate results and improvement in the flow of their daily processes. Management could now easily track business activities and have a solid understanding of how the company and its numerous branches were performing. “Numerous man hours were eliminated by the utilization of the software in terms of closings and revenue,” said Hafner. “We now know exactly what we are opening and what revenues our ancillary companies (tax and e-Recording) are generating as well on a daily auto-generated report.” | |
Informer has been especially useful when it comes to auto-scheduling reports that Texas Title knew they needed on a regular basis. The company runs a daily open order report that separates the openings by branch, automatically running each day and delivered to management, who can now see how each individual branch is doing on a daily basis. | |
Texas Title also utilizes a report that tracks important revenues taken from specific lines on a client’s HUD-1 form recorded in the RamQuest database. Informer generates the report from real-time data that immediately tells management the total revenues charged for the settlement agency’s fees and fees for the abstract or title search and examination services. With Informer, Texas Title is now able to see exactly how much revenue is collected or expected for a given time period and from which company branch, lending financial transparency and performance accountability. | |
Quantitative Benefit
Eliminated numerous man hours in terms of closings and revenue tracking. | |
Real-time data usage for key metrics in revenue tracking reports. | |