VERSA Assure by e4 Strategic is designed to improve panel management and oversight for lenders with greater operational processing and delivery. Its panel management solution has been designed to automate onboarding and provide greater configuration.
That is where efficiency is won or lost. VERSA will benefit conveyancers tremendously, with small gains and variations in behaviour across a large panel compounding quickly, affecting pipeline certainty, conversions, resource planning and ultimately the customer experience.
Simon Slater, CEO, e4 Strategic
It is linked with VERSA Convey and will provide measurable oversight of how panel performs at the post offer stage. Integrated with VERSA Convey a digital workflow platform, these combined solutions provide the lender and conveyancers with real analytics, case tracking and sector-based panel segmentation.
For the lender it also caters for conveyancing expertise, allowing for the allocation of cases by specialism, such as buy-to-let, limited company, shared ownership, new-build and HMO. These features enable the monitoring of transactions at a case-by-case level.
“We have completely reimagined panel management with VERSA Assure. It has to be easier to manage panel firms and for them to stay compliant. Yet this is only one part of the picture, the real challenge is for all parties managing performance, risk, and delivery outcomes once a case has been offered.
“For lenders, VERSA Assure is built to provide more flexibility, automation, improved oversight and real-time panel governance. We are delighted to have another key solution in our product journey ready for market.”
Simon Slater, CEO, e4 Strategic
VERSA Assure has been designed to provide configurable multi-panel control, the onboarding for firms, and an automated compliance and validation feature. It aims to have an easy low touch operational model for conveyancers and lenders. The platform can also support ongoing compliance for conveyancers.
Law firms and lenders can access much clearer insights into where the delays are, and see any avoidable costs in the post offer journey, which will serve as a huge benefit for the operation and risk teams.
