EDS*SEND® Electronic Notification Services
EDI Electronic Data Interchange Notification System
EDS*SEND® Electronic Notification Services Executive Overview
- Reduce expenses, improve accuracy and increase timeliness of notification distribution
- Automate manual paper notification process and streamline information exchange
- Improve customer service by increasing data timeliness and data accuracy, triggering reduction in the volume of service calls
EDS*SEND® Electronic Notification Services is the primary cross-industry clearinghouse linking the insurance industry, financial industry and governmental entities regarding their insurance and financial-related business processes. EDS*SEND uses electronic data interchange (EDI) to facilitate the cost-effective, secure and efficient transmittal of information for routing and delivery of notices to lienholders, mortgage companies and state agencies. At the same time, EDS*SEND reduces expenses for print supplies, postage, staffing and equipment – and eliminates costs associated with multiple interfaces. Moreover, a single point of access for information transfer allows you to increase efficiency, improve data accuracy and shorten delivery time. You can send, receive and translate data from any format to any format – industry or proprietary – and all data is ASC X12–compliant.
When you choose EDS*SEND® Electronic Notification Services, established relationships facilitate and expedite standardization and connectivity issues among trading partners. You promote trading partner marketing and management because your organization can use existing network channels to deliver data to partners with disparate systems and network connections. And you can improve your other relationships, as well: More accurate transmittals result in better-quality information for clients, and faster delivery means happier customers. When you enable your organization with EDS*SEND’s capabilities, all parties are beneficiaries.
Available EDS*SEND® Electronic Notification Services Features
Based on its more than 25 years of experience in the financial and insurance industries, EDS developed a new and efficient electronic clearinghouse system. This system uses EDI to automate and streamline the verification process on the status of both insured collateral and other extended business functions that tie into the information "triad" for financial, insurance and federal, state and local government clients. EDS*SEND® Electronic Notification Services offers a "total service" concept, facilitating the cost effective, secure and efficient transmittal of information by:
- Receiving incoming data in multiple formats
- Translating data from any format to any format (industry or proprietary)
- Matching lienholder name and address information with trading partner data to determine delivery destination and enabling trading partner audits
- Transmitting data to any location based on specified criteria
- Marketing directly to key trading partners to promote relationships
- Negotiating independently to sign contracts with key trading partners
- Providing printing capabilities on an "as-needed" basis
- Supporting ANSI standard transaction sets
- Send, receive, and translate from any format to any format
- ASC X12 compliant
- Data matching service
- Multiple network connectivity without double billing
- Platform independent
- Single point of entry for routing and delivery of notices to lienholders, mortgage companies and state agencies
- Store and forward capability to any location globally
EDS*SEND Extranets
This is the insurer's and trackers download centre. EDS*SEND® is an automated clearinghouse that uses electronic data interchange (EDI) to streamline the exchange of information between insurers, lenders, leasing companies, government agencies and trackers.
Read more about EDS*SEND Extranets [Restricted Access]