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INTELLAclose

INTELLAclose™ for MS Windows is a powerful and innovative software program that provides an organization with a centralized and fully integrated solution for Mission-Critical Settlement and Title Workflow Management, including all required accounting. INTELLAclose offers users advanced processing functionality from within the most intuitive and unique workflow management system ever engineered for the real estate settlement and title industries.

INTELLAclose is the primary component of TitleSoft’s closing platform, providing superior real-time universal management for the following key production areas:

  • Web-based Order Origination
  • Import Search Records from Underwriter Web Portals
  • Production Closing Documents
  • Escrow/Trust Accounting
  • Bank Reconciliation
  • Title Policies & Endorsements
  • Premium Calculations for Unlimited Underwriters
  • Event Scheduling & Tracking
  • Document & Check Printing
  • Electronic 1099 Reporting/Filing
  • Detailed Management & e-Remittance Reporting
  • MICR Check Printing, Positive Pay, & Electronic Reconciliation (Optional)

The INTELLAclose program is architected from open and modern MS Windows-based technologies, offering amazing flexibility and performance far beyond earlier closing systems, which require multiple layers of technology to operate. First and foremost, the Relational Database Management System (RDBMS) is engineered transparently into the program, eliminating the need to purchase higher overhead, finicky-to-administer, third-party database technology. Further and of greatest consequence, the INTELLAclose relational database system provides superior performance and reliability, using an open worldwide data standard paired with a high-performance database engine. Additionally, the platform provides maximum versatility to universally import, export, query and report data, due to its streamlined system overhead and unequalled openness.

INTELLAclose workflow begins with an intuitive and true one-time data entry screen (Fig. 1), which populates all associated and required system processing fields. Our pioneering approach to system accounting ensures once key HUD/Settlement Statement information is entered, sensitive escrow/trust accounting is automatically and intelligently being managed behind the scenes from our "Intelligent HUD". Specifically, INTELLAclose provides the means to precisely identify where funds need to be collected and/or disbursed to ensure file accounting is zero balanced, a highly advanced system capability. Further, detailed accounting reports assist in identifying any errors or omissions by the corresponding HUD line number. Accounting superiority is one of the most powerful aspects of the INTELLAclose application and is essential to the quest to maximize workflow integrity.

When it comes to the disbursement of funds in INTELLAclose, this is automated and effortless utilizing the integrated check management and printing features of the program, which complement the system’s advanced trust accounting capabilities and ensure workflow integrity. As for master system documents, the powerful capability to integrate any custom closing or title documents using Microsoft Word as required is standard, including the ability to utilize existing production forms with ease without vendor involvement. Document printing, including mixed size file documents, is also managed from within the program using custom document templates and the advanced print spooling capabilities of the program, eliminating the time-consuming task of manually printing large volumes of closing documents for time-sensitive production activities.

When it comes to back-office accounting, INTELLAescrow, our integrated escrow accounting module (Fig. 2), provides the most advanced means to manage unlimited bank accounts with precision. System files are seamlessly passed to INTELLAescrow, where transactions are analyzed in a "3-Dimensional" fashion (by file, account, and company). Thereafter, account reconciliation may be completely automated using electronic bank statements. Alternatively, the powerful features of the program semi-automate the tedious reconciliation process when electronic statements are not available, saving countless hours and headaches, whether performed monthly, weekly, or daily.

As for Software Application Security, INTELLAclose was designed to put business owners and executives at ease with comprehensive system management provisions for enhanced fraud prevention. The appointed system administrator may selectively grant or deny user access to each key processing area in INTELLAclose, as the operation deems appropriate. Further and more importantly, the system religiously monitors all processing events by the corresponding system user, and these activities are tracked by a read-only system log, ensuring 100 percent accountability is maintained for each system file, each business day.

In addition to the aforementioned functionality, critical milestones defined by an organization to successfully complete transactions are automatically added to each new order using the integrated Event Scheduler. Thereafter, system users and management may obtain real time status updates on activities and identify the party responsible for scheduled production events. When it comes to Title Policy Management, this is extremely advanced, using an integrated clause library, universal premium calculation worksheet, and detailed policy tracking features of the program, including generating remittance reports for Microsoft Excel to submit to insurance underwriters.

INTELLAclose is ported to Microsoft’s mainstream Windows workstation and server operating systems for implementation ease. In addition to local area network-based concurrent user licensing, TitleSoft offers an EXCLUSIVE enterprise platform configuration, which utilizes advanced systems "Middleware." This INTELLAwan system software facilitates enterprise workflow management from a single strategic operational point, providing true centralized workflow and database management for company-wide production activities with the lowest possible system overhead, an attractive alternative to remotely hosting closing applications using Citrix or MS Terminal Services.

If your organization is looking for the modern way to manage mission-critical settlement and title processing, let TitleSoft pave the way to enhanced workflow efficiency, accuracy, data integrity, document security, and customer service for your operations to maximize profitability. Experience why at TitleSoft we passionately believe "Process is Everything™" with INTELLAclose for Windows.

INTELLAclose Highlights:

  • Fully Integrated Solution for Closing, Title & Accounting
  • Intuitive Workflow Management
  • True One Time Wildcard Data Entry
  • User Defined System Fields
  • Concurrent User Licensing for Added Flexibility
  • Ported to Mainstream MS Windows Operating Systems
  • Includes Comprehensive Software Support Agreement
  • Third-party Technology/High System Overhead Eliminated
  • Expand Platform Capabilities with INTELLAstore, INTELLAservices & INTELLAwan