CMSI and DocuSign Partner to Help Lending Institutions Accelerate Consumer Loan Transactions
DocuSign eSignature Increases Speed to Revenue, Reduces Costs, and Enhances Customer Experience for Consumers and Lending Institutions
SAN FRANCISCO – January 26, 2012 – DocuSign® (www.docusign.com), the global standard for electronic signature, today announced that Credit Management Solutions (CMSI), a leading provider of credit automation systems for all types of consumer lending services, has selected DocuSign to accelerate business transactions for customers of its consumer lending products. With DocuSign, lending institutions are able to close consumer loans faster to accelerate speed to revenue and reduce costs while providing an enhanced customer experience.
“DocuSign’s electronic signature solution will deliver speed and convenience to lending institutions who work with CMSI,” said Chip Riordan, President at CMSI. “Consumers can finally be free of pen, paper, and fax to get the credit they need for their daily lives, whether it’s financing college or buying a car.”
“CMSI is leading the way in consumer lending by standardizing on DocuSign for electronic signature,” said Dustin Grosse, chief marketing officer at DocuSign. “DocuSign’s eSignature solution will deliver new convenience and speed to lending institutions who work with CMSI.”
Using DocuSign, CMSI will offer its customers an easy way for their clients to get financing for important financial needs. DocuSign will help CMSI:
- Accelerate loan funding cycle times - With transaction cycle times dramatically cut and “Not In Good Order” documents eliminated, DocuSign helps CMSI customers earn revenue sooner.
- Enhance client satisfaction - DocuSign increases customer convenience with anytime, anywhere signing so consumers can sign documents online in minutes – anytime, anywhere, on any device.
- Lower costs - DocuSign saves CMSI and its customers time and money by reducing printing, faxing, and overnighting costs, eliminating the rekeying of client data, and increasing compliance.
Lending institutions interested in learning more about DocuSign may visit www.docusign.com.
Lending institutions interested in learning more about CMSI may visit www.cmsinc.com.
About DocuSign Inc.
DocuSign® is the global standard for eSignature. DocuSign helps customers decrease transaction times, reduce costs, and enhance customer satisfaction with the easiest, fastest, most secure global network for sending, signing, tracking, and storing documents in the cloud. For more information, visit www.docusign.com or call 877.720.2040. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn and Facebook.
With over two decades of industry leadership, CMSI is a premier provider of advanced credit automation solutions that handle the processing and decisioning of all types of consumer credit. Using web-based, open-systems technology, these solutions also provide integration with popular application aggregators, client web sites, major fraud and ID verification providers, and loan servicing solutions, as well as the major credit bureaus. Additionally, CMSI provides support for advanced eContracting and other electronic document technologies. The choice of many of North America’s largest lending institutions and other organizations, CMSI offers its portfolio of products on a transaction/software as a service basis or through a traditional software license. For more information, visit www.cmsinc.com or call Kevin Lutts at 410-953-8403.