Vendor Management
Fiserv Lending Solutions vendor management solutions electronically manage the settlement services ordering process online; integrate a robust order placement and tracking portal into your loan origination or servicing system; provide pricing efficiencies by outsourcing your settlement service needs to one provider; and deliver the tools you need to develop your own custom vendor management system.

Our vendor management solutions provide easy deployment, user friendly design, the ability to be customized to support your internal processes; and robust security for maximum information privacy. Our products are designed to provide greater security, speed, value and quality.

If you need a way to place, track, and receive service orders aggregated to a common loan file, the Fiserv Electronic Partner Connection can be accessed directly over a web browser or through system-to-system integration. It offers automated order status updates, support for vendor-returned data elements, collaborative communication during the order lifecycle, and the sharing of multiple document formats.

The GATORS® system gives you everything you need to build your own vendor management portal. It provides strong analytic tools to measure and rate vendor performance, and track response times and other metrics. It automatically assigns orders to your preferred vendors based on a weighted average of multiple criteria. The GATORS system, which is used as the framework for the Electronic Partner Connection, includes the business intelligence to ensure settlement service orders are routed to only vendors who offer those services in the particular property location and meet other criteria that you can define.

Fiserv vendor management solutions make it possible to choose licensed or outsourced options for all or part of the loan origination process. They can be used to deploy a leading settlement services tracking system supporting standard and specialized credit reports, any property valuation service from AVMs to full residential appraisal reports, title services including the market leading title protection policy, close-by-phone, notary-assisted and traditional closing services, flood certifications, recording services, income, and employment verifications. Fiserv Lending Solutions can provide these services individually or in convenient, cost-effective service bundles to support your needs to close loans faster and more economically.