CONNEXIONS
INTELLIGENT
ACCOUNTING
SERVICES
Delivering industry-leading accounting services.

SAVE TIME & MONEY WITH CONNEXIONS
INTELLIGENT ACCOUNTING

Connexions offers many industry-leading features that support a variety of appraisal management processes. In addition, Connexions also offers innovative financial services provided by our dedicated Finance Team that save our clients hundreds of thousands of dollars annually through optimized accounting, payment, reporting and compliance processes.

CONNEXIONS INTELLIGENT ACCOUNTING INITIATIVES

Connexions Intelligent Accounting is designed to meet the unique requirements of each client in order to provide the best accounting, invoicing, compliance, and reporting solutions. We work closely with our clients to develop and implement processes and procedures that not only offload manual tasks from their own team but do so at a cost savings to both participating Connexions clients and our client’s clients.

LET CONNEXIONS MANAGE APPRAISER PAYMENT, INVOICING, AND TAX COMPLIANCE

Connexions Intelligent Accounting offers several solutions that support our client’s Appraiser community, including detailed, supporting reports (which can be system-generated on a weekly, bi-weekly, monthly basis), in which the Connexions Finance Team can:
  • Generate electronic invoices for appraisers for each file and provide clients with reports on these system-generated invoices.
  • Provide fast, reliable electronic payment to Appraisers as well as associated tax remittance, supported by detailed payment reports.
  • Offer system support with Appraiser onboarding, including easy upload of W9 and other supporting documents.
  • Administer fast, reliable and timely issuance of 1099s to Appraisers to keep compliant with tax laws and regulations, eliminating the internal costs and resources for tax compliance.
  • Generate additional timely, customized reports that provide important insights into your Appraisers and appraisal orders; for example, consolidated reports that provide details on which files are paid and which files still have outstanding balances.

HOW CONNEXIONS INTELLIGENT ACCOUNTING
TRANSLATES INTO COST SAVINGS

Based on clients who have opted to add Connexions Intelligent Accounting to their Connexions platform, they have experienced savings of $125K to 150K annually (based on an average of 10,000 appraisal orders/year) just in reduced internal resource expenditures. In addition, when Lenders are passing on savings from the payment processing fee to the borrower, they typically save closer to $300K annually.

The dedicated Connexions Account Managers work closely with our clients to determine how Connexions Intelligent Accounting can best support each client and their appraisal management workflows.

For one client, the implementation of Connexions Intelligent Accounting included the following:

  • Mapping Connexions data to the client’s accounting fields and incorporating conditional logic to make sure the generated AR/AP reports could be seamlessly ingested into the client’s accounting software. System-generated on a daily basis, this process allows the client to easily view their financial data in both the Connexions platform and their native accounting software.

This process alone saved the client approximately 60 hours a week of manual internal accounting resources or more than $100,000 annually.

  • The client also receives a supporting ZIP file on a daily basis that includes all the invoices in PDF format reflected on the AP/AR report.

GET STARTED WITH CONNEXIONS TODAY!

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ABOUT CONNEXIONS

Connexions is a bank-grade, SaaS financial valuation company delivering innovative and reliable solutions to support our clients’ businesses. With data science, product integrations, mobile connectivity and best-in-class security and compliance, Connexions is your strategic technology partner designed to contribute to your success.
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