Partnership helps mutual customers improve operational efficiency by streamlining loan data transfers.
MACON, GA – AUGUST 10, 2016 – Lending & Banking Automation Software (LBA Ware™), a leading provider of automated compensation software and system integration solutions, announced that it has joined the Ellie Mae Pro consulting partner program. By participating in the program, LBA Ware will help Ellie Mae’s Encompass® all-in-one mortgage management solution customers improve operational efficiency by streamlining loan data transfers and automating the compensation process.
The seamless integration of LBA Ware’s products with Ellie Mae’s Encompass and an increasing number of mutual customers was a driving force behind LBA Ware’s decision to join the program. “We are delighted to partner with Ellie Mae,” said LBA Ware President Lori Brewer. “Our participation in the Ellie Mae Pro program ensures our mutual customers receive the highest quality services for their Encompass environment. We look forward to a long, successful relationship with Ellie Mae.”
LBA Ware’s LOS Talker securely transfers loan data from Encompass to LBA Ware’s web-based software CompenSafe, which would normally require manually reentering the same data in each system. As CompenSafe integrates directly with Encompass, it further enhances lenders operational efficiency by automatically calculating loan officer and other commission and bonus based employees’ compensation as soon as loans close and fund. CompenSafe greatly reduces the administrative burdens that come with complex compensation plans while simultaneously improving transparency into compensation practices and performance on its web-based interface.
Ellie Mae is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Ellie Mae’s Encompass all-in-one mortgage management solution provides one system of record that enables banks, credit unions and mortgage lenders to originate and fund mortgages and improve compliance, loan quality and efficiency.
About LBA Ware
Founded in 2008 and headquartered in Macon, GA, Lending & Banking Automation Software (LBA Ware) is a leading provider of mortgage and retail banking technology solutions. With over 25 lending-oriented applications still in operation today, LBA Ware provides cutting edge solutions that leverage automation and system integration to ease the pain points of repetitive manual workflow, empowering lenders to maximize productivity and operational efficiency. For more information about LBA Ware and their software solutions, visit www.LBAWare.com.
TMC - Chief Operating Officer