AppsTek Corp Digital Digest - May, 2024

Dear Readers,

May has been an absolute delight at AppsTek Corp, and we’re excited to share the buzz with you! We kicked off with an enlightening webinar, “Power Up Your Business with Microsoft Power Pages and Copilot Studio Bots,” where we had the pleasure of engaging with a wonderful group of people from all corners of the world.

Plus, in this issue, we've put together some insightful articles. We’re talking about the latest trends in “Automated Document Processing in the Mortgage Industry” and sharing some “Best Practices for Automated Testing Success.”

For light-hearted entertainment, check out our comic strip, which takes a playful jab at the modernization of mortgage applications.

Stay in the loop for news on our future events, and happy reading!

Now & Next: AppsTek Corp’s Latest Webinar

Catch the best bits from AppsTek's Corp's May 15 webinar on "Power Up Your Business with Microsoft Power Pages and Copilot Studio Bots."!

Rajesh Velichala, our Technical Lead, unpacked the perks of Microsoft Power Pages and Copilot Studio for ramping up your business. It's all about dynamic low-code development and enhancing up your digital footprint.

We zoomed in on blending Power Pages with Copilot Studio for quicker turnarounds and smoother user journeys. Plus, we shared success tales and a agile demo to show you how it can be done.

Keen to see it all? Give it a click for the full experience ???

The Push for Automated Document Processing in the Mortgage Industry

Managing mortgage documents effectively is crucial for the success of mortgage companies. Many lenders still rely on outdated practices, resulting in delays, errors, and a lack of transparency. Modernization in mortgage document management is needed.

According to a recent survey by Fannie Mae, 73% of lenders now prioritize operational efficiency by adopting AI and ML solutions. Lenders can streamline their processes by adopting automated data extraction solutions, improve document handling efficiency, and ensure higher security and transparency.

Modern mortgage automation solutions provide iterative processes that allow lenders to analyze processing efficiency and identify areas for continuous improvement. Integrating various scanning and data capture technologies, such as OCR, ICR, and NLP, is also essential.

In conclusion, transitioning to automated mortgage data extraction is a significant shift that streamlines operations and significantly contributes to building a more secure and efficient mortgage industry.

For more insights on automated mortgage data extraction, management, verification and validation read the full blog by clicking here.

Best Practices for Automated Testing Success

Quality Assurance (QA) teams strive to deploy robust software swiftly. Test automation emerges as a beacon, promising swifter, more economical testing phases. Yet, the question lingers: is it suitable for your team? We delve into the optimal practices and pivotal factors for triumphant test automation.

Test automation employs specialized software to perform preset test scenarios, streamlining manual, repetitive procedures. Its popularity surges, with projections estimating its market worth at $68 billion by 2025.

Best Practices for Test Automation

• Choose the Right Tests: Prioritize tests that involve repetitive actions, large data sets, or are prone to human error.
• Structure Tasks by Skill Level: Assign tasks to team members based on their expertise to ensure efficient and accurate execution.
• Cultivate a Team-Centric Approach: Encourage team-wide participation and knowledge sharing to foster a collaborative testing environment.
• Eliminate Uncertainty: Ensure test stability by excluding unstable tests and regularly reviewing the relevance and accuracy of all tests.
• Select the Appropriate Framework or Tool: Consider the software nature, programmer proficiency, and budget.
• Validate on Actual Devices: Test on real devices to ensure functionality across diverse platforms and user conditions.
• Enhance Debugging Efficiency: Maintain detailed records, including screenshots and logs, to facilitate efficient debugging.

• Utilize Data-Driven Testing: Simplify testing with multiple data points using data-driven automated tests.

• Adopt Early and Consistent Testing: Initiate tests early in the development lifecycle and conduct them frequently to catch bugs early.

• Prioritize Comprehensive Reporting: Establish a robust reporting framework to generate detailed and insightful test reports.

Test automation requires careful planning and practices for success. It helps deliver high-quality software products faster and more efficiently. To learn more about Test Automation, read our full blog here.

Corporate Capers: Adventures in Business

Fresh Off the Press: The latest content from AppsTek Corp

• Why Modern Mortgage Lenders Are Racing to Automate Document Processing
• Driving QA Success with Test Automation Best Practices
• Why 76% of Customers Demand an Omnichannel Approach in Mortgage Lending
• The Strategic Imperative of Mortgage Process Automation

In addition to our monthly AppsTek Corp Digital Digest, you can stay updated on the latest technology and business insights by following us or visiting our website here.