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Hyland, Fujitsu Team Up on Scanning Technology.(Hyland Software Inc.)(Fujitsu America Inc.)

Mortgage Servicing News

| November 01, 2007 | Garritano, Tony | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW YORK -- As lenders embrace imaging at a heightened pace, the need to embrace new hardware, i.e., scanners, becomes important. To fill this need Hyland Software in conjunction with Fujitsu will be demonstrating a mortgage-specific scanner at the MBA annual.

"We'll offer distributed scanning from branch locations with this new tool," said Jason King, director of financial services at Hyland. "There will be no more shipping costs for lenders once they embrace this. This will put a small device with OnBase (Hyland's flagship software application) already loaded in it right into the lender's network. This will also help in the e-mortgage space because lenders can scan docs in and e-deliver them into the secondary market. It's a slick device."

"When we researched developing this product, we talked to people doing de-centralized scanning," added Scott Francis, senior director of product marketing at Fujitsu. "In talking to lenders we determined that they really needed a big enough screen to see the image. You also need a large keyboard. So, the footprint is small in that it's a small device, but all the things people need to interact with it are there and large.

"Specifically, we have a touch screen to enter data and review images. It's easy to interact with the device. The user interface is very simple because it's designed to bring the docs specifically into OnBase only. You can also use the tab and keyboard if you're not comfortable with the touch screen. It's easy for an employee to go up to the device and interact. Also, because it's one integrated device deployment is easy. You open the box, plug it in the network, sync it in and you're ready."

"Lenders want an easy way to capture borrower info as quickly as possible and get it into OnBase," reported Mr. King. "This is a way for users to get info quickly into OnBase to help them speed up the process."

But how many of these scanners does a lender need to go across their enterprise? "You can use a full line of scanners, this is just our preferred method," answered Mr. King. "In the design Fujistu asked ...

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