| EDI is a part of Electronic Commerce which has as its goal "to apply
technology to improve business relationships between companies that exchange
information". This includes all the tools that information technology has given us in
the past 25 years, such as fax, electronic mail, bar coding and electronic data
interchange. EDI is becoming very important to appraisers because the U.S. Mortgage Banking Industry has embraced EDI as the "most effective tool for reducing loan origination costs and improving service to consumers of mortgage products". Electronic transmission of appraisals is a major step toward reducing the cost of moving and filing paper. In order to stay competitive, appraisers must move into Electronic Commerce by acquiring the latest state of the art software for electronic forms, digital photo-imaging, EDI and digital mapping. |
Click to see a list of companies that can supply you with software to take you there!
Appraisal Forms Software Companies
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