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Paul Financial Selects eLynx for Secure Document Management Solution
September 08, 2005
eLynxPRO™ provides complete document delivery solution, accelerating the loan process
Cincinnati-based eLynx Ltd., a leading provider of electronic delivery solutions for the financial industry, announced that San Rafael, Calif.-based wholesale mortgage lender, Paul Financial, LLC, has chosen eLynxPROä for secure, accelerated loan processing.
According to Paul Financial officials, the company selected eLynx for its reputation as a leading provider of secure electronic document solutions and because eLynx’ solutions seamlessly integrate with Paul Financial’s existing technology systems. Supported by eLynx technology and its staff of industry experts, the lender now securely receives and delivers loan documents in seconds (real time), significantly reducing costs associated with traditional printing and shipping expenses.
"We were looking for a solution that would enhance -- not interfere with -- the way we already did business," said Peter Paul, CEO of Paul Financial. "eLynx was the perfect answer, its team recognized our needs and provided a fast document delivery solution reducing errors, improving employee productivity, strengthening security and growing profit. Most importantly, eLynx listened to our needs and seamlessly integrated eLynxPRO into our existing loan origination system, providing our customers with yet another value add. We are able to combine documents from different systems into a single package for secure delivery.”
eLynxPRO is designed as an all-inclusive desktop enterprise solution, providing financial professionals with the combined electronic tools and capabilities needed for efficient document packaging, delivery and status management in one seamless solution. The solution is uniquely intuitive to existing e-mail systems, providing users with a service that is as easy to use as e-mail, but provides the security needed to manage the numerous documents required in the loan process, absent from existing e-mail solutions today.
"Paul Financial has the management, resources, capital and proven history to be successful in any economic environment," said Phillip Huff, president and CEO of eLynx. "eLynx enables Paul Financial to achieve its goal of operating successfully in an environment of automated paperless processing. The wholesale lending environment is one in which lenders differentiate themselves based on response, speed and excellent service to the broker.”
“The implementation of eLynxPRO enables Paul Financial to continue to evolve and provide soft paper solutions to their customers that are dynamic and adaptable to long-term profitability., “ adds Huff. “Additionally, investing in the right technology that protects sensitive customer information equips Paul Financial with a competitive advantage to improve overall efficiency, reduce costs per transaction and provide technology that improves the value proposition to brokers.”
About Paul Financial, LLC.
San Rafael, Calif.-based Paul Financial, LLC serves the mortgage community in California. Paul Financial, LLC's competitive edge lies within the experience and expertise of its management team. The company builds on its management reputation and seasoned experience by continuing to provide the products, service, and pricing that the broker community demands.
The company's goal as a start-up in the age of automated technology is to embrace the benefits of a Web-based world yet offer brokers an environment where they will be able to speak to a live person. By using the best systems, software and people, Paul Financial provides the highest level of customer service. For more information about Paul Financial, visit the company Web site at www.paulfi.com
About eLynx
Cincinnati-based eLynx Ltd. provides the financial services industry with all the tools needed for electronic delivery, storage and exchange of secured data. The company delivers soft-paperä technology that transforms costly paper-intensive processes into secure electronic solutions that save time and money. eLynx provides effective and customized solutions to deliver streamlined data and document processes that fully integrate with a company’s existing business systems. Today, eLynx customers account for more than 35 percent of all mortgage transactions. For more information about eLynx, visit the company’s Web site at www.elynx.com.