How It Works

Companies that manage vendor networks need robust, automated and comprehensive technology that captures the required background data and regulatory compliance information. Companies must have the ability to review the information of third party vendors, subcontractors and their employees while providing oversight and screening to minimize risk.

AllyConnect is specifically designed for the compliance needs of the default mortgage services industry.  Build as a rapid deployment Compliance-as-a-Service (CaaS) Vendor Oversight and Resource Management Solution, AllyConnect manages your network from initial registration and prequalification, through on-boarding and continuous monitoring and oversight.  The platform efficiently streamlines the management of 3rd party vendors and delivers standardized and centralized vendor due-diligence.  AllyConnect is flexible and works with existing standardized Company Verification Services.  This agile user-friendly, secure tool utilizes a point-and-click deployment model for all modules allowing users to customize the system to meet their unique business requirements instantly.



Free registration and profiles are offered to all field services companies, banks, credit unions, loan servicers, debt collectors and other supply chain providers in the mortgage services sector as well as their vendor networks.  A nominal annual subscription fee is charged to each user, payable at the time of access to service modules.


Free Registration


No sales pitch to sign up with AllyConnect.  Register at any time and gain access in under 1 minute.

Companies and Individuals input pertinent business and personal information, answer select pre-screening questions, and upload required supporting documentation. Upon successfully passing an automated rules-based review, a standardized AllyConnect profile is created and stored in our secure database. There is no upfront cost associated with registering a Company or an Individual account.


Direct Connect Networking



Company-to-Company and Company-to-Individual network connection requests are facilitated utilizing a social networking style linking method. Companies and Individuals are issued a unique AllyConnect ID numbers at the time of initial registration. This ID is required by respective Companies and Individuals to initiate a direct request to either join an active Company network or to have their AllyConnect profile considered for future business opportunities. This allows Companies to build up a prequalified vendor candidate pool to fill vendor gaps quickly and easily when the need occurs.  When a direct connection request is formally accepted, their profile is effectively shared and available for review and potential future activation. There is no cost associated with Direct Connect Networking by a Company or an Individual.


Prequalification


When a Company has completed modules they have prequalified themselves, which allows for speedy on-boading to new vendor networks and new work opportunities .  Registered Accounts can complete their subscription, which unlocks the AllyConnect modules.  Once unlocked, by simply completing the modules the Company will be prequalified, making that company more attractive as a priority vendor candidate for business selection.  Those that have requested a connection are placed in a superior position as they are now part of a searchable  prequalified vendor candidate pool for a specific company.


Activation & Authorization



Activation is exclusively performed by a Company, and it is at that point in time that a Sub-Contractor is required to purchase an AllyConnect annual subscription to unlock modules. Once payment has been received, a second tier automated validation is performed against Company requirements and the Sub-Contractor is then placed into the Company's active network (as long as all compliance requirements have been met). Additionally, the vendor requirements are then actively monitored in real time for the Company to ensure 100% compliance and transparency of their entire vendor.


API


The Plug-And-Play API allows a quick integration into any vendor or approved 3rd party work flow management system.  Once connected, our real time data exchange empowers your organization with automated digital vendor compliance monitoring.  Your work flow system will be alerted to any compliance changes as they happen.  A digital gate then instantly cuts off access to work orders when requirements are not met, eliminating compliance gaps and ensuring only fully compliant sub-contractors can complete work orders.  Additionally, when deployed the ID Badge can be tied via a digital key to a specific mobile device login, preventing the sharing of credentials.