Products & Services
Norse Technologies provides mid- to large-sized
financial institutions with various document
automation solutions. We also provide consulting
services by helping financial institutions recognize
opportunities for using technology to streamline
their business processes. Finally, we provide
complete training services for the use of solutions
purchased from us.
Norse Technologies offers clients three solutions within
its AutoDocs suite of products:
Desktop is designed to provide quick and easy assembly
of our clients’ loan documents. AutoDocs’ intuitive user
interface has users producing documents within minutes.
Our solution delivers three primary goals for our
clients: reduced risk, controlled costs, and an increase
Reduced risk for the client results from the user not
having to input transaction specific data into each
document; rather, all information is collected in an
InfoFile, or data collection center, then populates the
loan documents that the user selects.
Controlled costs result from less time being spent
entering loan transaction data into multiple documents.
Since the data need only be entered once, much
time is saved per each loan transaction.
Increased efficiency results when data is collected only
once saving users and supervisors the hassle of proofing
each loan document; rather, a “Proof Sheet” is generated
for the user which lists all of the information specific
to that transaction.
addition, AutoDocs provides a consistent and
professional image, stamped with each client’s corporate
AutoDocs’ powerful logic component guarantees accuracy
and consistency. AutoDocs enforces the business rules of
each client throughout the loan process.
AutoDocs’ dynamic user interface adapts to the
specific features of any given loan leading to greater
accuracy, improved efficiency, and reduced training
improves the lending efforts of our clients by ensuring
that, while allowing for individual flexibility,
negotiated language, repeat revision, and repeat
customers, each transaction is consistent to the
Clients save time and money with every document
produced. Recently a long term client upgraded
and reported realizing a 50%-75% decrease in loan
turnaround time, 40%+ increase in personal productivity
of its personnel, and loan portfolio growth of 43%
without the need to add additional staff.
Combining our expertise in document
automation and management with our client’s expertise in
banking, clients’ personnel begin producing visually
stunning loan documents quickly, easily, and
implementation equals a
Professional goes one step beyond
Desktop by incorporating a database feature into the
information collected in the database can then be
interfaced with other loan processing systems to
streamline the loan origination process.
Enterprise is a comprehensive data management system
that processes the data flow throughout the entire loan
Enterprise takes many of the concepts of
Desktop, such as eliminating duplicate data entry, to a
broader scope that encompasses the entire loan process.
Data is entered into the system only once, and
Enterprise ensures that this data is made available to
all components of the loan process as needed.
Loan processors do not have to re-enter
information that was previously entered during the loan
A single point of entry for the data means that
it only needs to be reviewed once.
A powerful database at the core of
Enterprise enables a rich audit trail of all
interactions with the system throughout the entire
element of data is tracked, providing a history that
includes answers to the questions “who”, “what”, “when”,
and “why” data was entered, modified, or deleted.
In addition to the auditing features,
Enterprise leverages the database to provide a great
deal of information about the entire loan process that
has previously not been available in such detail in the
past. Metrics are
produced that can assist management in identifying
potential bottlenecks throughout the loan process.
For example, statistics can be generated that
show the average turnaround time for documenting loans.
Taken a step further, the view of that
statistical information can be relative to a particular
documentation processor, loan officer, or even a
Real-time feedback regarding the loan process is made
available through the client’s intranet or even the
internet, if desired.
Role-based security enables the system to provide
information on a “need to know” basis to all of the
Loan officers can see the status of the loans for which
they have sold and can take appropriate action to speed
the process along.
For example, if the loan documentation is held up
due to additional information being required from the
client, the loan officer can see this status online in
real-time, contact the borrower, and request the
additional information all without interrupting the
AutoDocs System Features
- Client Branded
- Scalable for expansion
- Usage utility - including access
security, and tracking and reporting capabilities
- Database integration
- Automated standard procedures
- Automatic document naming and file save
- Automatic headers and footers
- Automatic page and paragraph numbering
- Automatic page and paragraph
- Automatic optional provisions
- Complete feature set
- Customized menus, toolbars, and input
screens with context sensitive lists
- User tools:
- Track Changes
- Search and GoTo
- Draft watermark
- Print, print preview, remote print and
- User Help
- Content sensitive help
- User forums where tips, questions, and
suggestions may be posted and/or found
- E-mail support
- Telephone support
- Document review tools
- Automated compare to master document
- Automated highlight of loan specific
data within documents
- Screen review or print review
1427 Sterling Court
West Fargo, ND 58078
fax. 701.356.5514 email@example.com