Accounting and Financial Software
Software facilitates commercial mortgage management.
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Press Release Summary:
Commercial Mortgage Management System(TM) automates commercial loan process from origination through loan closing. Pipeline management system integrates borrower and property data with lenders' existing servicing systems. It can securely track progress of transactions and transfer data among all parties using Command Center(TM) technology. Loans begin and end paperless, allowing lender to determine all costs involved with entire commercial loan at any point in process.
Original Press Release:
CommFlo Launches Flagship Product: Commercial Mortgage Management System (CMMS)(TM)
ST. PETERSBURG, Fla., Dec. 20 -- CommFlo Corporation proudly announces the official launch of its long-awaited flagship product: the Commercial Mortgage Management System (CMMS)(TM). The Commercial Mortgage Management System (CMMS)(TM) is an easy-to-use pipeline management system that integrates borrower and property data with lenders' existing servicing systems. The CMMS(TM) securely tracks the progress of transactions while transferring data among all parties throughout the origination, underwriting, and closing process utilizing patent pending Command Center(TM) technology. "Standardizing Commercial Mortgage Management(TM) ... Simplifying Workflow Processes"
The CMMS(TM) automates the commercial loan process from the point of origination all the way through to the loan closing. The CMMS(TM) is a unique and ground-breaking addition to the commercial loan process. When lenders use the CMMS(TM), all loans begin paperless, allowing for the loans to be calculated in a central database, and in return, end paperless. This technology also allows for the lender to determine all costs involved with the entire commercial loan at any point in the loan process. This has never been achieved prior to the creation of the CMMS(TM). The CMMS(TM) also makes the entire process simplistic in that the technology mimics the lender's workflow process, i.e. no additional training is required.
In 2001, Ernst & Young L.L.P. released a White Paper focused on "The Impact of Operational Efficiency on Profitability" that specifically outlines the dire need for a product such as the CMMS(TM) in the commercial lending industry. CommFlo Corporation now offers such a product. The Ernst & Young White Paper may be viewed at commflo.com/pressroom.htm .
According to CommFlo Corporation CEO Brent A. Craven, "The last several years have been spent creating and most recently, fine tuning this ground breaking technology. During this past year, all efforts have been focused on this product and the preparations for marketing and reselling it globally. The initial distribution strategy will focus on the United States and Canada. Secondary efforts will include Europe, Asia and Australia. I am very optimistic about the future of CommFlo Corporation and the success of the Commercial Mortgage Management System. We are anticipating an extremely busy and profitable new year with the release of this revolutionary technology."
Recognizing that borrowers, brokers, representatives, and other professionals within the commercial mortgage real estate industry needed a more efficient system for managing the loan process, CommFlo Corporation was founded in 1999 by Jay Kiley. CommFlo Corporation assembled a team of industry leaders to revolutionize the way the commercial real estate industry conducts business. Through their hard work and dedication, CommFlo Corporation is now able to provide superior service and a cutting-edge workflow management system.
For more information, log on to www.commflo.com/ , email ExecOffices@CommFlo.com or call Brent A. Craven, CEO, (TOLL-FREE) 1-877-222-4340.
CONTACT: Brent A. Craven, CEO of CommFlo Corporation, +1-1-877-222-4340, or ExecOffices@CommFlo.com
