Accruit Technologies, a Millennium Trust solution, announced its implementation of Exchange Manager Pro(SM), its 1031 exchange software, for Asset Preservation, Inc. (API), a national qualified intermediary of publicly-traded parent company Stewart Information Services Corp.
Exchange Manager Pro(SM) standardizes the 1031 exchange workflow through embedded controls to track deadlines, automated document creation and distribution, electronic signatures, and data consolidation.
API said these features pave way for 30 percent improved efficiencies and increased client satisfaction.
““We established an initiative that would allow advancements in technology to improve our company’s customer experience. A significant part of this initiative was the implementation of Exchange Manager Pro(SM),” API President Javier Vande Steeg said in a release. “Exchange Manager Pro(SM) has greatly improved our efficiencies in both our exchange management practice and our document preparation. Accruit Technologies is responsive and works tirelessly to deliver an outstanding solution. Their team of analysts and developers are knowledgeable, not only of their technical field, but also of the 1031 exchange rules and process. We’re very excited to see how Exchange Manager Pro(SM) will continue to improve our customers’ experience.”
In June, Accruit Technologies successfully completed a System and Organization SOC 2 Type II audit, achieving compliance with leading standards for customer data and security.
“The integration of Exchange Manager Pro(SM) into Asset Preservation’s operations is a large milestone for Accruit Technologies,” Accruit President Brent Abrahm said. “Javier and his team support our vision of revolutionizing the way the real estate industry manages 1031 exchanges. We are honored to work with one of the largest and most well-respected qualified intermediaries in the industry, and we look forward to our SaaS offering impacting their customers’ experience through operational efficiencies moving forward.”