SUPERIOR DEFAULT CLAIMS TECHNOLOGY

SUPERIOR DEFAULT CLAIMS TECHNOLOGY

A SINGLE COMPREHENSIVE PLATFORM FOR ALL YOUR CLAIM WORKSTREAMS!

provenClaims is a comprehensive and powerful application designed to help mortgage servicers identify, file, track, reconcile, report, and fully manage the processing of FHA, VA, Private MI, and GSE claims. Leverage technology to make the best use of your resources across all claim types.

FULL CLAIM CYCLE MANAGEMENT

The only product on the market that truly manages the entire claim process life cycle. From initial claim identification, to due diligence tracking and SLA tracking, guideline supported claim reconciliation, audits, and error code handling, electronic submission, receivable tracking, payment processing, loss analysis, billbacks and rebuttals.

Rules

Transparency

Requirements

Regulations

CLAIM REVIEW AND

ELECTRONIC SUBMISSION

Built in guidelines and claim timeline audits ensure that appropriate investor and insurer rules are being met. See the full history of each audit and error code, and further support claims accuracy with flexible loan extension, expense limits, and integrated over allowable features. 

LOSS ANALYSIS

Don’t let a single loss go unchallenged! Leverage built-in work queues to support a full and detailed loss analysis. Analyze all your claims for possible recoverability, improve the performance and accuracy of appropriate losses, all while supporting a detailed operational feedback process. Then take it to the next level with complete rebuttal filing and billbacks support.

RECEIVABLE TRACKING AND WORKFLOW MANAGEMENT

Use our native workflow and automated task engine to monitor and track every aspect of your receivables in real time. Follow up on open items, track documents, create customized pre and post submission processing checklists. Manage post settlement QC and document packages with built in content management. Never lose sight of where a claim is at any given moment! 

PAYMENT PROCESSING

So you filed the claim and it got paid, now what? Using provenClaims, the process just got easier, with fully integrated Claim Payment, Cash, Non-Cash, Wire/ACH reconciliation. The platform receives and automatically processes electronic Payment Advice for FHA and Private Mortgage Insurance. Track and reconcile any discrepancy in payment, whether it be an offset, DPO, curtailment, or any other miscellaneous payment variable.

REBUTTAL CLAIMS AND BILLBACKS

When your claim is curtailed or denied, you need a system that can help manage the process to fight back. The robust review and rebuttal claim features allow servicers to dial in on those losses that need special handling and aggressive recovery efforts. When the responsibility for the loss lays with a vendor or other party, track the billback and follow up to make sure all possible recoveries are made.

WORKFLOW, DASHBOARD, TASK PROCESSING

provenClaims comes with a powerful, central workflow engine, easily configured to each Servicer’s specific process needs. Automatic task creation, follow up queues, escalations and content management. As a manager, you can keep an eye on everything going on in your team’s world, real time via live dashboards, work queues, alert messages and reporting!

THE COMPLETE SOLUTION

Today's business managers and operators are tasked with ever increasing complexities, risk, and cost constraints when it comes to default claims administration. That’s where we come in!

 

Simply put, no other system on the market provides the functionality, flexibility, or workflow controls like provenClaims!

Request a Demo!
 

We would love to show you how provenClaims can benefit your business or if you have any questions, please fill out the form and we'll be in touch soon.

Proventure Constulting, Inc.

 

2522 Chambers Rd, Suite 201

Tustin, CA 92780

P: 877-6-PROVEN (877-677-6836)

M-F 8AM - 6PM

info@provenclaims.com

Follow us to get more updates at LinkedIn
© 2020 provenClaims, LLC All Rights Reserved