Docunym, a provider of web-based document management and workflow software for insurance, mortgage and financial services companies, announced its cloud document management and workflow solution was selected by BSI Financial Services, a provider of mortgage subservicing, default solutions, loan quality control and business process outsourcing services.

BSI Financial selected Docunym for the solution’s ability to streamline document management and provide secure access for their clients. The company has saved both time and money using the technology equal to two full time employees. Lengthy transmission times and complex approval processes are greatly reduced through the solution's seamless document retrieval and indexing capabilities. Docunym also monitors IP addresses and assigns security access to users according to their needs.

“In addition to creating operating efficiencies, Docunym allows us to deliver greater transparency in loan servicing operations and reporting, which is critical to our clients and their regulators and investors,” said Gagan Sharma, BSI Financial President and Chief Executive Officer.

“Every Docunym feature is designed to save mortgage servicers both time and money, thereby enhancing their ability to better serve their customers,” said Steve Wiser, president and founder of Docunym, Inc. “With secure cloud document management and workflow, BSI Financial has achieved greater speed and efficiency in conducting their business.”