How Homepoint Saved 3-5 Minutes Per Invoice with Beanworks

Homepoint Financial is a mortgage provider that works with borrowers, mortgage lenders, and correspondent partners. Based in Ann Arbor, USA, the company employs more than 1,000 people. Home Point Financial was founded in 2007 and prides itself on its customer service and quick and easy loan process.

However, the accounts payable team was still entering each invoice manually, a tedious and time-consuming process. The team received invoices through a dedicated mailbox, then would upload each one, and chase approvals through email. They needed to make that process more efficient and avoid losing vital information on lengthy email chains. Moving to Beanworks has saved them an average of 3-5 minutes for every invoice.