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Datawatch Saves RMIC on Workers.(Republic Mortgage Insurance Co.)(Brief Article)
Winston-Salem, NC -- Private mortgage insurer Republic Mortgage Insurance Co. here reports significant improvements in the efficiency of contract workers from using the Datawatch Monarch data-mining tools.
RMIC, which underwrites about 500,000 mortgage insurance policies a year through 24 branch sites and roughly 300 client sites, reports a 25% expense saving totaling "several million dollars" and a 44% increase in efficiency from using the new system.
According to Larry Bouchie, spokesperson for Lowell, Mass.-based Datawatch (www.datawatch.com), the initial implementation cost for the latest versions of Monarch and Monarch Data Pump automated report server is a mere $8,000.
The system enables automated use of a single Excel timesheet template to manage contract workers and generate reports on contractor productivity, expenses and overtime. ...
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REPUBLIC MORTGAGE INSURANCE COMPANY (RMIC), Winston-Salem, North Carolina, and the Consumer Credit Counseling Services (CCCS) have partnered to add...
Source: HighBeam Research, Datawatch Saves RMIC on Workers.(Republic Mortgage Insurance...