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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Initially, performance appraisal systems were simplistic approaches aimed solely at justifying income. This meant that appraisals were primarily utilized to determine if an employee's salary or wage was warranted. The methodology was closely associated with tangible outcomes; a subpar performance would typically result in a pay decrease, whereas exceeding expectations led to a salary increase. Developmental aspects of appraisal were largely overlooked, as it was believed that either a pay cut or raise would serve as the sole motivation for employees to enhance their performance or maintain high standards. While this rudimentary system occasionally achieved its intended results, it frequently fell short. Consequently, this highlights the need for a more nuanced approach that addresses the specific areas of the organization and business processes in need of improvement. This shift is essential for fostering a more constructive and supportive environment for employee development and performance enhancement.

Description

Reggora is an innovative cloud-powered platform designed for appraisal management that assists mortgage lenders in optimizing, automating, and speeding up the residential real estate appraisal process through a comprehensive digital workflow. This platform seamlessly links lenders with appraisal vendors, facilitating a more efficient process within the loan origination system that leads to quicker and higher-quality appraisals while minimizing operational expenses and reducing manual tasks. It automates essential procedures such as ordering, scheduling, compliance verification, communication, review, delivery, and vendor payments, providing all parties involved with real-time insights into appraisal status and performance. Additionally, Reggora features an Appraisal Marketplace that smartly pairs orders with qualified appraisers by utilizing real-time data and performance indicators, which enhances both turnaround times and quality. With robust integrations into Loan Origination Systems (LOS) and Point of Sale (POS) systems, Reggora effectively eliminates fragmented workflows and ensures documentation reaches both internal and external stakeholders almost instantaneously, resulting in significant efficiency gains. Overall, the platform not only simplifies the appraisal process but also empowers lenders and appraisers to work together more effectively.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Paragon Dynamics Info Systems

Country

India

Website

www.paragondynamics.in/pas-dynamics/

Vendor Details

Company Name

Reggora

Founded

2016

Country

United States

Website

www.reggora.com

Product Features

Performance Management

360 Degree Feedback No 
Compensation Management No 
Custom Rating Scales No 
Customizable Templates Yes 
Individual Development Plans Yes 
On-going Performance Tracking Yes 
Peer Appraisals Yes 
Review Cycle Tracking No 
Self Service Portal No 
Self-Appraisals No 
Skills Assessments Yes 
Weighted Performance Measures Yes 

Product Features

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Alternatives

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