Move from general purpose document processing software

Mortgage industry purpose-built alternative to Ephesoft

Use Vaultedge built to handle mortgage industry document workflow.

Used by the leading
Mortgage companies

What is Ephesoft?

Ephesoft is a general purpose document processing software that is good for cross-functional applications such as document capture across departments like - accounts payable, claims, billing, human resources, mailroom, GDPR compliance etc.

There are 4 key differences between both the solutions

Built for mortgage workflow

Ephesoft is a broad base document capture solution. It is not a purpose-built document recognition & data extraction software for loan processing and loan boarding applications. Hence it may not come with pre-configured document types, data fields and out of box LOS integrations needed by loan processing and loan boarding teams.

Vaultedge is a AI powered automated document recognition and data extraction software that is built specifically around the document processing needs of loan processing, loan boarding and post close QC teams.

It comes with pre-configured with:
500+ loan document types,
2000+ unique data fields
seamless integration with leading LOS and mortgage servicing software

Data Accuracy

Ephesoft reports an accuracy of 90% for mortgage documents.

On the other hand, Vaultedge provides an out of the box accuracy of 95% - which can go up to 99% with continuous user feedback. This is made possible because Vaultedge uses artificial intelligence that learns from users’ actions & improves accuracy with continued use.

Document Processing

As per Ephesoft product brochure, Ephesoft offers 600+ pre-trained document templates for the mortgage industry at large.

Whereas using Vaultedge you can automatically index 500+ document types that are specific to loan processing, post close QC and bulk MSR boarding workflows.

It comes with pre-configured with:
2000+ unique data fields
Seamless integration with leading LOS and mortgage servicing software

Customization & Integration

Ephesoft has technical partners that can provide integration services.

Whereas Vaultedge offers out of the box integration with EllieMae Encompass, Blackknight Empower, Wipro NetOxygen, Blackknight MSP etc. Hence, time to implementation is much faster.

Comparison

Vaultedge Mortgage Automation vs Ephesoft

Capabilities
Vaultedge
Ephesoft
Free-Trial
Free Trial with no minimum commitment.
No Free Trial & a minimum commitment volumes.
Human-in-the-loop Machine Learning
Implementation to production
4 weeks flat.
Lasts several months.
API integration to LOS available
Out of the box integration with EllieMae Encompass, Blackknight Empower, Wipro NetOxygen, Blackknight MSP etc.
Integration enabled via technical partners.
Can be used stand-alone without integration,
Encompass Integration
Identify missing documents from a package
Spot inconsistencies between multiple documents
User Training
Familiar UI, Does not requires training.
Not optimised for mortgage industry users.
End to End Decision making
Users can override data in case of any discrepancy
Supported Document Types
500+ documents and 2000+ fields from a loan file
600+ pre-trained document templates.
Pricing
Set up fee - $15,000
Usage cost - $15 per loan file
Set up fee - $30k- $50k
Usage cost - $20-$25 per loan file
GSEs Guideline Compliance
Fannie Mae Form 1084
Freddie Mac Form 91
Free-Trial
Free Trial with no minimum commitment.
Human-in-the-loop Machine Learning
Implementation to production
4 weeks flat.
API integration to LOS available
Out of the box integration with EllieMae Encompass, Blackknight Empower, Wipro NetOxygen, Blackknight MSP etc.
Can be used stand-alone without integration,
Encompass Integration
Identify missing documents from a package
Spot inconsistencies between multiple documents
User Training
Familiar UI, Does not requires training.
End to End Decision making
Users can override data in case of any discrepancy
Supported Document Types
500+ documents and 2000+ fields from a loan file

Pricing
Set up fee - $15,000
Usage cost - $15 per loan file
GSEs Guideline Compliance
Fannie Mae Form 1084
Freddie Mac Form 91
Free-Trial
No Free Trial & a minimum commitment volumes.
Human-in-the-loop Machine Learning
Implementation to production
Lasts several months.
API integration to LOS available
Integration enabled via technical partners.
Can be used stand-alone without integration,
Encompass Integration
Identify missing documents from a package
Spot inconsistencies between multiple documents
User Training
Not optimised for mortgage industry users.
End to End Decision making
Users can override data in case of any discrepancy
Supported Document Types
600+ pre-trained document templates.
Pricing
Set up fee - $30k- $50k
Usage cost - $20-$25 per loan file
GSEs Guideline Compliance
Fannie Mae Form 1084
Freddie Mac Form 91

The difference is in our DNA

We’re enterprise software creators, users and consultants.

Zero Learning Curve

As per 3rd party review sites like G2 and Capterra, Blueprint’s navigation is complex and requires training which is only offered in their enterprise plan.

Vaultedge is simple and easy to use. It is as simple as checking your email and needs no training at all.

Featured In

What clients say about us

" We used Vaultedge to automate the indexing of loan documents that we receive from all our lender partners, amounting to more than a million documents every month. This enabled us to move 70% of people from Document Recognition to other processes."
picture of Michael Kittyle CIO, BSI financial services

Michael Kittyle

CIO, BSI Financial Services

" Vaultedge automatically indexes our Mortgage documents and extracts 300 data fields from them, enabling us to save 80% of Post Close Audit process time. Vaultedge is helping us improve our Time to Close and Cost to Close metrics."
confident looking man

SVP, Record Services

Top Mortgage Servicer

Choose the right solution

If you are still confused, then talk to our automation expert today.

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