Altisource Portfolio Solutions, an end-to-end provider of products and services for the mortgage industry, reports that San Diego-based consumer loan servicing firm First Associates Inc. has implemented Altisource's REALRemit, an automated e-commerce invoicing and borrower payment portal solution, to manage its accounts payable and borrower loan payments.
By implementing this solution, First Associates has established the invoicing and payment foundation to support and accommodate its growth and the multiple asset classes it handles, Altisource says.
‘Managing customer and vendor invoicing and payments can be very time-consuming and tedious,’ says Doug Henkel, CEO of First Associates. ‘If a company doesn't have a system that can accommodate expanding activity levels, the entire business operation's growth can be compromised.’
SOURCE: Altisource Portfolio Solutions