Text Blog – TrueFocus Automation

January 26, 2023
By Sridhar Loganathan
Case Study, Technology, Text Blog, Title Insurance, Title Production, Title Search
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The numbers don’t lie… even offshoring comes up short in comparison to automation savings

We recently took a deep dive into our numbers to answer some of the questions we’re asked the most by peers and prospects. One area of skepticism comes from title agents who swear by the use of offshore BPO firms to manage many of the time consuming, redundant tasks that come with producing a title policy.

Making the Business Case for New Tech Begins with Assessing the ROI

There are four key reasons to consider automation in the title industry: to reduce errors, to manage escalating business, to maximize workforce hours, and to reduce costs. The last one may be the most critical when navigating a decelerating real estate market.

Looking to Automate in 2023? Start by Learning the Language

Lasso SaaS Sprawl with RPA

Every time you add an application, you add the staff hours needed to input the information the application feeds on. This tech stack can become unwieldy and ineffective unless you can get these applications, systems and software to talk to each other and share data to cut down on all that manual input.

RPA Can Do That? Yes. Yes it Can!

I recently spoke on a panel at ALTA ONE. It was a great conference and the session was attended by a number of curious title agents. The one thing that surprised us throughout the entire conference, however, was the number of title owners and executives who asked us, repeatedly, “Bots can do that?”

Data and Imaged Documents: How Bots Can Improve Processes

Let’s face it, trying to get accurate data from deeds, contracts or legal descriptions continues to hobble the real estate industry, with inaccuracies still abounding. It’s also time consuming and, at times, even mind-numbing for staffers who’d be better utilized facilitating closings or generating marketing leads.

Asking Ourselves a Few Questions on the Eve of ALTA ONE

While our industries thrive because of the data available to us, the challenge our industry faces is ensuring the data is accurate. The need for accurate data in the transaction itself is a paramount. But we also heavily rely on the data, as do all companies, to run and grow our businesses.

Data Entry Accuracy: The Lifeblood of Real Estate Transactions

September 2, 2022
By Jimmy Lewis
Technology, Text Blog, Title Insurance, Title Production
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Declining Revenue Shouldn’t Take Automation Off the Table for Title Firms

Expect to see title businesses continue to invest in new technology during the current slowdown. But not a spending spree. Instead, the best title business owners are already realizing that their traditionally narrow margins could soon become unacceptable margins as their profits continue to be eroded by compliance, client and market demands. And so, title businesses are moving selectively to attack specific pain points in their workflows, realizing real benefits without breaking the bank.

August 10, 2022
By Sridhar Loganathan
Case Study, Compliance, Escrow, Technology, Text Blog, Title Insurance
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Case Study – Automating Stale-Dated Checks / Escheatment Process Management

Automating the workflow to manage the stale-dated checks/escheatment process.

August 9, 2022
By Jimmy Lewis
Mortgage, Technology, Text Blog, Title Insurance
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Choosing technology that grows with your business

As you are considering the wisdom of adopting the latest innovation to address a specific business need, it might also be an opportune time to do a little analysis around your legacy systems to see what is still effective in managing and growing your business and what might actually be holding you back or slowing you down.

August 8, 2022
By Sridhar Loganathan
Case Study, Compliance, Escrow, Technology, Text Blog, Title Insurance
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Case Study – Automating Post-Close Ledger Balance Reporting

Automating post-closing ledger balance reporting for a title insurance company

July 26, 2022
By Sridhar Loganathan
Case Study, Compliance, Technology, Text Blog, Title Insurance
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Case Study – Automating Disclosures Issuance

July 25, 2022
By Sridhar Loganathan
Technology, Text Blog, Title Insurance, Title Production
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Case Study – Automating New Order Creation

July 25, 2022
By Sridhar Loganathan
Mortgage, Technology, Text Blog, Title Insurance
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Case Study – Automating Title Update Searches

Title search updates is an ideal process to automate using RPA tools.

July 20, 2022
By Sridhar Loganathan
Mortgage, Technology, Text Blog, Title Insurance
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Adopting new technology? Here are some due diligence basics to consider.

The Sky Is Not Falling, After All.

Recent mortgage industry headlines have been plastered with stories about mass layoffs, reduced volume and even lenders closing down or filing for bankruptcy. It’s difficult not to hesitate with plans for growth or investment in such an environment. But this article reminded us that, all is not lost. Far from it.

June 30, 2022
By Jimmy Lewis
Text Blog, Title Insurance, Title Production, Title Search
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For title agents seeking to automate, there is more than one way to get the job done.

The title industry, by and large, is working hard to automate most of its manually intensive production tasks. Part of this mini revolution, we believe, is the availability of specialized technology.

May 20, 2022
By Jimmy Lewis
Text Blog, Title Insurance, Title Production
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Seeking a Balance Between Tech and Touch

As a company owner, you want to make sure that the automation you are adding is going to improve your processes. But you also want to ask yourself – and your staff – how to best invest the freed-up time and energy to improve the very necessary personal communications with your clients.

May 11, 2022
By Jimmy Lewis
Text Blog, Title Insurance, Title Production
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Digital Transformation as a No-Brainer – by the Numbers

The growing wave of digital transformation in the title industry is not eliminating jobs. Far from it. Instead, it will go a long way towards improving employee retention rates.