VAS Panel launches next generation dashboard to improve clients’ valuations management processes

20th February 2020

Leading valuation market specialists, VAS Group has launched its next generation VAS Panel service Dashboard, a dedicated cloud-based interactive portal for lenders, specialist distributors and brokers to improve their valuations management processes.

With a focus on increasing workflow, usability and transparency, Dashboard allows user to automatically request a valuation quote, instruct their chosen surveyor and follow the process from start-to-finish with access to all notes, both external and internal.

Once logged in the user can search and manage all ongoing valuations from one easy-to-use screen, with clear sub sections to show at which stage the valuation is at in the VAS process.

The interactive system also allows immediate communication between the user and VAS staff.

VAS Panel’s comprehensive valuation panel management service already ensures the most relevant third-party valuers are instructed to provide loan security valuations based on location, deal type and value.

An internal, ongoing Quality Assurance programme checks the accurateness of reports before being returned to the client, a unique market offering which helps to reduce property specific lending risks and ensure the valuation panel is managed in order to meet the highest quality standards.

Stephen Todd, joint Co-Founder of VAS Group, said: “The introduction of the Dashboard is part of our on-going commitment to make the customer journey as efficient as possible. It serves as a simple ‘one-stop-shop’, which simultaneously enables us to capture all of our clients’ requirements to ensure our valuers provide the most accurate quotes and service delivery.”

“We have worked hard to create an efficient product that is designed to provide full transparency and visibility of the valuation process,” added Gina May, joint Co-Founder at VAS Group. “It allows lenders’ underwriters, case managers and BDMs to have full visibility of the valuation process so they can manage their clients’ expectations, whilst being able to interact with us, easily gain quotes and make instructions.”

As well as VAS Panel, VAS Group includes VAS Audit, which provides live and retrospective auditing for lenders to reduce property specific lending risks and control their loan book, and VAS Software, a cloud-based valuation panel management framework which allows lenders to better manage their own panels.