Mortgage process Automation

What Is Hyperautomation in Mortgage?

Hyperautomation is defined as the strategic use of automation technologies, along with cognitive technologies like AI, to holistically transform business processes, reduce dependence on IT, and eventually make digitization self-sustaining. The concept was formalized and popularized by Gartner, which named hyperautomation a key technology for 2022, with a global market of over $600 billion.

While automation aided by AI has been sporadically deployed by mortgage providers, hyperautomation solutions provide a bundled approach — one that is perfectly aligned with your business strategy. It also entails the breaking down of silos so that automated tasks can move from one system to another and gain from seamless data exchange.

Hyperautomation is characterized by user-friendliness for non-technical mortgage executives, built-in data intelligence, and integration with mortgage industry tools.


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