When Paramount Residential Mortgage Group (PRMG) saw a massive surge in loan requests, their manual systems couldn't keep pace.
Processing a single loan was taking weeks or even months, hampered by inconsistent data and human error. Flobotics stepped in to bridge the gap between their fragmented systems and modern efficiency.
"Our work with Flobotics helps facilitate the process. It leverages the capabilities of different systems to make it happen, as no individual system has the capability on it's own. We're very satisfied with their work."
We didn't just provide a tool; we analyzed the entire mortgage lifecycle to break down complex workflows into sustainable automated subprocesses. Our agile approach allowed us to deploy robots with surgical precision.
"Within very short-term working sessions, they're able to automate the steps I communicate to them."
By automating six core tasks - from retrieving disclosure packages to entering payment data - we transformed their daily operations.
The results were immediate and measurable. The infrastructure now averages 550 automated tasks daily, saving 40 hours of manual labor every 24 hours.
This efficiency led to a 50% improvement in daily underwriter productivity, which translates to $2 million in direct savings.
"With help from UiPath Silver Partner Flobotics, automated loan processing gives brokers near real-time data access and is saving PRMG millions of dollars."
Beyond the immediate $1.2 million in labor savings expected over the first 36 months, the project achieved a staggering 6:1 ROI, proving that strategic automation is the ultimate multiplier for the mortgage industry.
You can read the entire entry here: Using UiPath, Flobotics Shows PRMG How to Save on Loan Processing with RPA
