Foreclosure And Loss Mitigation Technology and Restructuring Help MCS Grow
Saturday, May 10, 2008
Tampa, Florida-based Mortgage Contracting Services (MCS), a strategic provider of inspection and property preservation services, says an updated technology platform, new staff hires and restructuring helped the company grow significantly in the first quarter of this year.
MCS says leveraging a new technology platform called MCS360—a streamlined system that allows vendors and clients and MCS to transfer information in real-time—has played a key role in the property preservation company's first quarter growth. The technology is celebrated by MCS for offering “instant notification of projects as well as an automated release of completions, bids and invoices.”
MCS also says corporate restructuring, which includes a new lead generation program, national supply chain to improve costs by purchasing discounted materials and a new conference for vendors to share insights and best practices, has benefited vendor operations, and in turn, the entire company.
“MCS always had comprehensive quality control processes and procedures in place, but with the rising inventories, the company created a division solely focused on benchmarking and monitoring its systems,” the company said in a press release. “According to executive management, customers need the assurance that MCS is operating efficiently and effectively to protect their assets. Having a system-wide process to ensure consistency and compliance is paramount.”
A string of executive appointments also is credited for promoting growth at MCS. The company recently promoted Andrew Rowlands to the position of senior vice president of information technology; John Maxwell took over as senior vice president of Dallas operations, while Anthony Box was promoted to senior vice president of Tampa operations.
MCS says leveraging a new technology platform called MCS360—a streamlined system that allows vendors and clients and MCS to transfer information in real-time—has played a key role in the property preservation company's first quarter growth. The technology is celebrated by MCS for offering “instant notification of projects as well as an automated release of completions, bids and invoices.”
MCS also says corporate restructuring, which includes a new lead generation program, national supply chain to improve costs by purchasing discounted materials and a new conference for vendors to share insights and best practices, has benefited vendor operations, and in turn, the entire company.
“MCS always had comprehensive quality control processes and procedures in place, but with the rising inventories, the company created a division solely focused on benchmarking and monitoring its systems,” the company said in a press release. “According to executive management, customers need the assurance that MCS is operating efficiently and effectively to protect their assets. Having a system-wide process to ensure consistency and compliance is paramount.”
A string of executive appointments also is credited for promoting growth at MCS. The company recently promoted Andrew Rowlands to the position of senior vice president of information technology; John Maxwell took over as senior vice president of Dallas operations, while Anthony Box was promoted to senior vice president of Tampa operations.
