Clarifire Advances Partnership with SoftWorks AI to Deliver Innovation

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ST. PETERSBURG, Fla.–(BUSINESS WIRE)–Clarifire, a leader in workflow automation, and SoftWorks AI, a leader
in artificial intelligence and machine learning solutions, are
showcasing a new powerful solution for financial services organizations
at the 2018 MBA Annual Conference in Washington D.C. from Oct. 14-17.

Following their partnership agreement in March, the two organizations
will demonstrate how loan servicers can utilize an automated end-to-end
solution that takes the manual labor out of document reviews.

“We focused our first integration on challenges for the mortgage
servicing industry’s loss
mitigation services
, a large and expensive portion of the servicing
business, providing the biggest lift in processing speed, cost reduction
and error reductions,” said Jane Mason, CEO Clarifire.

The CLARIFIRE® workflow application controls the consistency of the
actions, images and interactions, through automated business rules
aligned with all investor workout types, including disasters. By
combining Smart workflow with SoftWorks
AI’s Trapeze for Mortgage Automation
platform documents are
instantly recognized with accuracy to ensure quality, validity and type.
Servicers only need to focus on the exceptions, which are managed within
the workflow.

“We recognize that combining our solutions brings a unique, first of its
kind solution to this industry,” said Ari Gross, CEO of SoftWorks AI.
“Now we have some robust, go-to-market capabilities that we are ready to
share with servicers.”

The needs for the mortgage servicing industry continue to change and the
two companies plan to announce new offerings to keep up with current
trends.

About Clarifire

Clarifire is a privately held, women-owned corporation that offers the
CLARIFIRE® workflow automation application. Clarifire is a group of
workflow experts that created the product CLARIFIRE, a suite of features
providing organizations the capability to achieve strategic
transformation that is quick and easy to implement. The company has over
a decade of experience in both process proficiency and software
delivery. As a Microsoft Gold Certified Partner and WBENC certified
corporation, Clarifire guides organizations through the chaos and into
organizational efficiencies. Visit us at www.eclarifire.com.

About Softworks AI

SoftWorks AI is dedicated to helping businesses enhance operational
efficiency by providing state-of-the-art computer vision and automation
solutions. We strive to leverage our deep expertise in computer
perception, OCR and AI technologies to convert raw information into
actionable insight, equipping knowledge workers with the means to drive
business value faster and more intelligently. Visit us at www.softworksai.com

Contacts

Clarifire
Elise Yacobellis, 866-222-3370
eyacobellis@eclarifire.com
www.eclarifire.com
or
Softworks
AI
Adam Miller, 718-947-5921
amiller@softworksai.com
www.softworksai.com

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