Invoice Integration Spotlight – with Black Knight and REALRemit
- Posted by NetDirector
- On December 30, 2015
- BKFS, Black Knight, business process automation, document exchange, integration, mortgage banking, technology
Black Knight™ and REALRemit® Invoice Integration
By integrating invoices and the corresponding tasks with NetDirector and your current service like Black Knight™ or RealRemit®, you can submit invoices in real-time alongside supporting documents using our Invoice Import Request.
Let’s take a look at the process with Black Knight™.
Invoice Import Requests function as a single transaction and contain both line items and supporting documents. Documents are uploaded and populate the invoice with the appropriate Document IDs. The invoice can then be submitted in real time. The Async Response will deliver a notice of success or failure regarding the submission.
Take a look at this sample XML piece, returned after an Invoice Import Request:
In REALRemit®, the process is just as simple.
An Invoice Import Request is sent from the attorney. This is a single transaction that includes documents and line items.
The NetDirector automated process performs a log-in through REALTrans. Once inside, it automatically combines like Expense Codes and Line Items, uploads documents to corresponding line items, generates the notes in the format required by REALRemit and validates the submission by logging out and back in to see if the invoice is posted.
There is a returned Async Response that notifies the user of success or failure. Here is a sample of the XML from the process with REALRemit.
The biggest benefit of leveraging the power of Invoice Integration is obviously saving time and resources. In fact, one firm that implemented the integration reported saving 30 FTEs by using the service! Additional benefits of using the Invoice Integration include:
- Single Invoice Transaction
- Upload of supporting documents
- NetDirector manages 21 WS calls/requirements for Black Knight
- Consolidation of like Line Items for REALRemit®
- Creation of Notes for REALRemit®
- Eliminates double entry / keying mistakes
For more information – contact us here or reach out to your Integration Analyst today.