First National Bank of Olathe chooses the Global DMS platform to streamline its appraisal valuation process.
Springfield, PA – First National Bank of Olathe has now fully rolled out the Global DMS platform to streamline its appraisal valuation process. First National Bank of Olathe joins a group of lenders who utilize the platform for managing loan officers, request for appraisal, assignment, distribution, and delivery.
The Global DMS platform provides secure Internet access for personnel and contracted vendors such as appraisers involved in the loan approval process.
Using Global DMS, First National Bank of Olathe’s internal personnel publish bid requests, review the vendor bids, and engage the vendor, while tracking every step of the engagement and review process via their Web browsers. Consequently, Global DMS reduces the number of interruptions caused by status questions. Extensive faxing and "phone tag" are virtually eliminated by the system. The platform also acts as a repository for appraisals, environmental reports and other documents created or reviewed in the process.
“First Bank of Olathe was not just looking for a vendor; they were looking for a partner they could trust,” said Vladimir Bien-Aime, President, Global DMS. “Choosing an application service provider to operate your appraisal process in-house is an important decision. The company you choose needs to provide not only superior technology, but exceptional support.”
With Global DMS, all information is tracked in a centralized database which provides specialized information to each type of user. Outside vendors are able to view their own bid requests and awards, but all private information is secured. Standard web browsers can be used for all access including interactive reporting.
"Global DMS has a great product and it has helped me immensely with the bank's appraisal processes,” said Bruce Fitzsimons, Chief Appraiser and Vice President, First National Bank of Olathe.
About Global DMS
Global DMS, established in 1999, is the number one provider of web-based appraisal software solutions on the market for both lenders and appraisers. For more information about Global DMS solutions, visit www.globaldms.com .
About First National Bank of Olathe
Founded in 1887, First National Bank of Olathe is headquartered in Olathe, Kansas. First National Bank of Olathe is one of the largest independent community banks in its region. For more information on First National Bank of Olathe, visit http://www.fnbolathe.com/.
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