{"id":9490,"date":"2023-09-25T08:19:21","date_gmt":"2023-09-25T08:19:21","guid":{"rendered":"https:\/\/businessyield.com\/tech\/?p=9490"},"modified":"2023-09-25T08:19:45","modified_gmt":"2023-09-25T08:19:45","slug":"floify","status":"publish","type":"post","link":"https:\/\/businessyield.com\/tech\/technology\/floify\/","title":{"rendered":"Floify: Features, Reviews, Pricing &amp; More","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"<p>By automating some of the most time-consuming and error-prone steps in the lending process, Floify supports loan originators. The user-friendly interface explains each step to your customers and enables them to upload their documents straight into the system that you will use to monitor the status of their loans.\u00a0Continue reading for an overview of the features, pricing, and various competitors to Floify.<\/p><h2 class=\"wp-block-heading\" id=\"h-floify-nbsp\"><span id=\"floify\">Floify&nbsp;<\/span><\/h2><p>By informing referral partners of automated milestone updates, Floify improves referral partner retention. Floify employs modern technology to complete jobs much more quickly than would be otherwise possible. As a result, you and your staff will have more time to process loans and perhaps even experience a better work-life balance.&nbsp;<\/p><p>Floify automates the process of obtaining mortgage loan documentation from borrowers and creates an easy-to-use platform for loan originators to follow each loan file through to completion. As a result, there are fewer opportunities for human error during the documentation process, and originators can devote more time to helping consumers, completing loans, and boosting their revenue.&nbsp;<\/p><p>DocuSign was widely used by our consumers for their e-signature requirements, so it only made sense to incorporate its safety and convenience into Floify. Users of Floify can now email pre-set document templates from their DocuSign accounts directly from Floify. They can transmit papers with pre-filled fields as well as those without, and they can send documents that additionally need the e-signature of a co-borrower. They can also send one-off documents that don&#8217;t use pre-existing templates by developing one using the DocuSign user interface.&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-features\"><span id=\"features\">Features<\/span><\/h3><p>A customer database, loan processing, multi-branch support, digital signatures, credit reporting, and visual representation are some of Floify&#8217;s standout features. The 1003 application-based system gives mortgage applicants step-by-step instructions. Stakeholders can sign up to receive automated emails and SMS reminders about approaching deadlines, the status of loans, and other information. By uploading supporting papers and disclosures, borrowers can streamline the loan application process by using the point of sale (POS) module.<\/p><p>The automation solution from Floify creates personalized paperwork to provide to prospects and improves communication at all levels. Jungo CRM, Dropbox, DocuSign, Slack, CoreLogic, Alliance2020, and others are working together to improve the customer experience and speed up loans.<\/p><h3 class=\"wp-block-heading\" id=\"h-pros\"><span id=\"pros\">Pros<\/span><\/h3><ul class=\"wp-block-list\"><li>It makes the process for the client and realtor seamless and aids in keeping my team organized. The milestone updates are quite popular, and I adore how adaptable they are.<\/li>\n\n<li>I enjoy how quickly documents can be stacked and sent, and the capabilities that are available to us for sorting and requesting documents are fantastic.<\/li>\n\n<li>Excellent client communication and follow-up For our team, being able to track the receipt of documents and connect to other systems like DocuSign is a game-changer.<\/li>\n\n<li>Productivity is up due to workflow optimization. We adore it, and a few minor development adjustments would make it ideal in every way.<\/li><\/ul><h3 class=\"wp-block-heading\" id=\"h-cons\"><span id=\"cons\">Cons<\/span><\/h3><ul class=\"wp-block-list\"><li>A little perplexing without instructions. Perhaps a couple of extra features are included in the less expensive option.<\/li>\n\n<li>You no longer receive numerous calls from customers requesting features, such as what information to enter online and what not to. You need not supply need lists either.<\/li>\n\n<li>After creating the flow, it can be difficult to edit relevant documents. It&#8217;s also difficult to discover a way to stop the automatic reminders.<\/li>\n\n<li>System lag can occasionally cause my applications to fail. It does not, however, occur frequently.<\/li><\/ul><h2 class=\"wp-block-heading\" id=\"h-floify-pricing-nbsp\"><span id=\"floify-pricing\">Floify Pricing&nbsp;<\/span><\/h2><p>Floify provides trial and premium subscriptions, with monthly price beginning at $79.00. There are no free options available through the Floify pricing system, but you can sign up for a trial to use the service before deciding to pay for a subscription. You must have a credit card to try out Floify.<\/p><h3 class=\"wp-block-heading\" id=\"h-pricing-plans-for-floify\"><span id=\"pricing-plans-for-floify\">Pricing Plans for Floify:<\/span><\/h3><ul class=\"wp-block-list\"><li>Free trial<\/li>\n\n<li>Plan for Business: $59\/month<\/li>\n\n<li>Teams: $225 per month<\/li>\n\n<li>Enterprise Plan: Speak to the supplier<\/li><\/ul><h3 class=\"wp-block-heading\" id=\"h-benefits-of-floify-nbsp\"><span id=\"benefits-of-floify\">Benefits of Floify&nbsp;<\/span><\/h3><h4 class=\"wp-block-heading\" id=\"h-1-complete-pos-accessibility\"><span id=\"1-complete-pos-accessibility\">#1. Complete POS Accessibility<\/span><\/h4><p>Due to its web-based nature, your staff may use Floify from any browser on PCs, smartphones, and tablets. This motivates you to use any tool or setting effectively.<\/p><p>Likewise, for your borrowers. They can apply for loans on any device through one portal. This streamlined process gives your loan officers easy access to all the materials they need to manage loan applications, helping your clients acquire loans faster.<\/p><h4 class=\"wp-block-heading\" id=\"h-2-digital-application-form-that-is-responsive\"><span id=\"2-digital-application-form-that-is-responsive\">#2. Digital Application Form That Is Responsive<\/span><\/h4><p>Paper forms are sometimes difficult to complete and are easily lost, which delays the workflow to the next stage. However, you may make that cumbersome process more efficient by using the electronic 1003 loan application form from Floify. To keep your borrower moving forward, it includes an integrated questionnaire in the form of an interview. Additionally, it includes a responsive layout that enables users to complete the form on the device of their choice. Additionally, AccountCheck and other credit reporting agencies integrate to accelerate verification and approval.<\/p><h4 class=\"wp-block-heading\" id=\"h-3-loan-updates-automated\"><span id=\"3-loan-updates-automated\">#3. Loan Updates Automated<\/span><\/h4><p>It takes time to inform borrowers of the status of their applications. You may reclaim such periods of time with Floify and use them for something more useful. This is so that it can automate borrower communications. It can also inform clients of deadlines for submitting extra requirements and deliver milestone updates. As a result, you can avoid bottlenecks and make clients liable for any delays that could happen.<\/p><h4 class=\"wp-block-heading\" id=\"h-4-knowledgeable-colleagues\"><span id=\"4-knowledgeable-colleagues\">#4. Knowledgeable Colleagues<\/span><\/h4><p>Floify may keep everyone in the company informed, in addition to informing borrowers of the progress of their applications. Companies can shift tasks more easily with more openness. This reduces decision-making conflicts.<\/p><h2 class=\"wp-block-heading\" id=\"h-floify-competitors-nbsp\"><span id=\"floify-competitors\">Floify Competitors&nbsp;<\/span><\/h2><p>Find Floify alternatives and potential competitors here. Origination of Loans As a ubiquitous technology, the\u00a0software is in great demand, and users are looking for efficient tools that can retrieve their credit, streamline their processes, and be tailored to their specific needs. When looking for a competitor to Floify, files\u00a0and emails are also crucial considerations. We have prepared a set of products that reviewers have deemed to be the best overall competitors to Floify.<\/p><h3 class=\"wp-block-heading\" id=\"h-1-shopxie\"><span id=\"1-shopxie\">#1. Shopxie<\/span><\/h3><p>Shopxie is a <a href=\"https:\/\/businessyield.com\/tech\/technology\/best-yard-management-software\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">cloud-based inventory management <\/a>and omnichannel POS system for retail. As the first device-agnostic and hardware-free POS and inventory management system, it promises retail companies better productivity and operational efficiency. Very intuitive and easy to use.<\/p><p>This Floify competitor, &#8220;Shopxie,&#8221; comes with multiple store administrations, invoicing and record-keeping, supplier management, store advertising, customer database management, employee management, and more. The program&#8217;s robust reporting capabilities let you analyze your store&#8217;s performance and acquire fast, useful data to help your business grow.<\/p><h3 class=\"wp-block-heading\" id=\"h-2-pos-loyverse\"><span id=\"2-pos-loyverse\">#2. POS Loyverse<\/span><\/h3><p>SMBs, including eateries, coffee shops, bars, and retail establishments, among others, can use Loyverse POS, a free sales solution. Given that it does not require commitments, credit cards, or contracts, it is even perfect for lone proprietors. It is competent enough to assist you in managing a number of POS-related tasks, including keeping track of inventory, keeping tabs on sales, managing items and products, and generating sales reports.<\/p><p>Since Loyverse POS is completely mobile-optimized, your tablets and smartphones will function as virtual cash registers. You can visualize your sales, maintain track of inventory, acquire sales statistics, and efficiently expand your business with the help of a point-of-sale system.<\/p><h3 class=\"wp-block-heading\" id=\"h-3-harbortouch\"><span id=\"3-harbortouch\">#3. Harbortouch<\/span><\/h3><p>Harbortouch POS is a flexible point-of-sale system for restaurants and retail establishments that offers numerous payment options at reasonable processing costs. It can process Near Field Communications, Apple Pay, Android Pay, Samsung Pay, PCI-validated P2PE, Tokenization, and EMV Chip Cards with the hardware it provides.<\/p><p>It gives its more than 100,000 customers a variety of payment mechanisms and capabilities, as well as 24\/7 access to inventory, real-time sales, labor, and financial statistics. Additionally, Harbortouch connects businesses with ATMs. Processing, installation, cash replenishment, and equipment are all handled and provided for in its ATM service. Hardware is also offered to prevent check fraud. The Check Guarantee tool scans and verifies checks before accepting them.<\/p><p>The minimum monthly price for Harbortouch is $29 per month.<\/p><h3 class=\"wp-block-heading\" id=\"h-4-datio-pos\"><span id=\"4-datio-pos\">#4. Datio POS<\/span><\/h3><p>Modern point-of-sale technology, convenience, and flexibility are all combined in one dependable solution with Datio POS, a system that is based on the Apple iPad. Datio POS makes it simple for businesses to check their revenue, track their inventory, manage schedules, connect with and engage customers, and create and manage promotions. It was designed for restaurants, shops, convenience stores, pizzerias, and salons.<\/p><p>Every sort of store has a specific Datio POS app. Each Datio POS app has a number of features that are tailored to the kind of business it is intended for. For instance, the techniques used to create the Datio POS app for quick-service restaurants are distinct from those used to create the Datio POS app for beauty salons.<\/p><p>Having said that, the Datio POS app is made to be simple to use and intuitive. A steep learning curve does not hinder users. Because the app is straightforward and simple to use, users can immediately take advantage of it and profit from all of its features.<\/p><h3 class=\"wp-block-heading\" id=\"h-5-scantranx\"><span id=\"5-scantranx\">#5. Scantranx<\/span><\/h3><p>Scantranx&#8217;s point-of-sale technology aims to streamline retail operations and customer experiences. Our platform lets them integrate their brick-and-mortar businesses, <a href=\"https:\/\/businessyield.com\/tech\/reviews\/shopify-features-pricing-pros-cons\/\" target=\"_blank\" rel=\"noreferrer noopener\">eCommerce websites<\/a>, third-party marketplaces, and mobile commerce into one system.<\/p><p>Scantranx lets users evaluate if they have enough products and things to fulfill customer orders by synchronizing inventory across branches and sales channels. Thanks to the POS platform&#8217;s marketing capabilities, they may inform customers of current and planned discounts. Customer relationship management tools help them understand customers. Users can learn about consumers&#8217; shopping habits and preferences to engage them meaningfully.<\/p><h3 class=\"wp-block-heading\" id=\"h-6-vend\"><span id=\"6-vend\">#6. Vend<\/span><\/h3><p>A cloud-based framework for managing retail stores is called Vend. Vend was created to aid businesses in managing their stock. It enables users to manage their businesses anywhere\u2014online, offline, or even on the fly. Inventory management, client loyalty, eCommerce, and analytics are the main features of Vend. The system is well-liked by businesses for its adaptability and ability to accommodate touchscreen, mouse, and keyboard systems. It can improve product management, collect and organize customer data, and give users a clear perspective of the products and sales through dashboards.<\/p><h2 class=\"wp-block-heading\" id=\"h-what-is-floify-used-for\"><span id=\"what-is-floify-used-for\">What is Floify Used For?<\/span><\/h2><p>For lenders, originators, and their borrowers, Floify effortlessly combines cutting-edge digital technologies and automation to fuel a modern, effective mortgage process.<\/p><h2 class=\"wp-block-heading\" id=\"h-who-is-the-ceo-of-floify-nbsp\"><span id=\"who-is-the-ceo-of-floify\">Who Is the CEO of Floify?&nbsp;<\/span><\/h2><p>Dave Sims is the founder and CEO of Floify.<\/p><h2 class=\"wp-block-heading\" id=\"h-does-floify-work-with-encompass\"><span id=\"does-floify-work-with-encompass\">Does Floify Work With Encompass?<\/span><\/h2><p>With assistance from our colleagues at Brimmatech, the Floify Encompass Plugin enables lending teams to stay in a single, simplified interface within Encompass to accomplish all loan tasks.<\/p><h2 class=\"wp-block-heading\" id=\"h-related-articles\"><span id=\"related-articles\">Related Articles<\/span><\/h2><ul class=\"wp-block-list\"><li><a href=\"https:\/\/businessyield.com\/tech\/apple\/finance-a-macbook\/\" target=\"_blank\" rel=\"noreferrer noopener\">HOW TO FINANCE A MACBOOK: Quick and Easy Methods<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/tech\/ecommerce\/how-does-sales-hub-work\/\" target=\"_blank\" rel=\"noreferrer noopener\">HOW DOES SALES HUB WORK? All to Know &amp;amp; Why You May Need It<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/tech\/technology\/customer-360\/\" target=\"_blank\" rel=\"noreferrer noopener\">CUSTOMER 360: What Is It, Why It Matters &amp;amp; All to Know<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/tech\/technology\/best-salesforce-competitors-alternatives\/\" target=\"_blank\" rel=\"noreferrer noopener\">Best Salesforce Competitors &amp;amp; Alternatives: 2023 Guide<\/a><\/li><\/ul><h2 class=\"wp-block-heading\" id=\"h-reference-nbsp\"><span id=\"reference\">Reference&nbsp;<\/span><\/h2><ul class=\"wp-block-list\"><li><a href=\"https:\/\/reviews.financesonline.com\">reviews.financesonline.com<\/a><\/li>\n\n<li><a href=\"https:\/\/www.warebuy.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">warebuy.com<\/a><\/li>\n\n<li><a href=\"https:\/\/www.capterra.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">capterra.com<\/a><\/li><\/ul>","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"By automating some of the most time-consuming and error-prone steps in the lending process, Floify supports loan originators.&hellip;\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":275,"featured_media":9598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[35],"tags":[],"class_list":{"0":"post-9490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-technology"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Floify: Features, Reviews, Pricing &amp; More<\/title>\n<meta name=\"description\" content=\"Floify supports loan originators. 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