The Performance Group and Intelli-Mine Create Alliance; Companies Focus on Six Sigma to Deliver Client Results
SAN FRANCISCO--Oct. 2, 20045, 2004--The Performance Group (TPG), a mortgage consulting firm, and Intelli-Mine, a provider of business performance management tools, announced the formation of a business alliance designed to integrate TPG's Process Optimization (Six Sigma) and Best Practices, with the powerful measurement, analysis and control features of Intelli-Mortgage, Intelli-Mine's performance management solution for the mortgage-banking industry.This strategic alliance allows TPG to provide comprehensive solutions that enable clients to define, measure, analyze, improve and control each process required to maximize the return on investment (ROI).
"Our clients are finding it more important than ever to focus on ways to decrease operating costs and improve efficiency without losing competitive advantages," said Larry Bonifant, founder and president of TPG. "Mortgage bankers must find ways to translate data to information, information to knowledge, and knowledge to action. Pipeline volumes, productivity and throughput are key to managing performance and profitability. The alliance with Intelli-Mine brings our clients a combination of industry expertise, process improvement consulting, success in technical services and business technology created specifically for the mortgage industry."
Bonifant continued, "TPG and Intelli-Mine share a passion for helping mortgage bankers achieve their goals in process improvement and succeed at applying concepts and practices that deliver a rapid return on investment. The alliance provides our clients with a way to better manage business processes and control performance. TPG and Intelli-Mine can help clients create fast, high leverage results that represent real value."
"Intelli-Mine has created the Intelli-Mortgage product to assist executives and management in the mortgage banking industry in their daily decision-making. The solution provides relevant and comprehensive information timely, on all aspects of their business performance," said Anil Suri, CEO of Intelli-Mine. "We wanted to partner with consultants whose deep management experience in the mortgage industry would enable them to demonstrate the enormous advantage Intelli-Mortgage provides leaders who need fast, reliable and dynamic information on which to base their decisions both day-to-day and long-range."
Suri further emphasized, "This alliance will ensure that clients receive effective solutions that integrate the industry and operational experience of TPG, with the powerful tools needed to automatically monitor and manage performance."
About The Performance Group
The Performance Group, based in Concord, N.H. and founded in 1990, is the leading consulting firm specializing in the mortgage banking industry. The Performance Group offers a variety of consulting services designed to increase productivity, improve customer service, reduce costs and encourage continuous innovation. With its unique methodology, The Performance Group offers a comprehensive program based on evaluating the five key perspectives of a lending organization - Financial, Customer, Process, Technology, and Employee Development.
The Performance Group is the only consulting firm that is a member of the e-Mortgage Alliance. It is also a member of the Mortgage Bankers Association (MBA), the Mortgage Industry Standard Maintenance Organization (MISMO), and the Association of Management Consulting Firms (AMCF). For more information visit the company's Web site at www.tpgltd.com.
About Intelli-Mine
Intelli-Mine is a leading provider of Business Performance Management (BPM) solutions. Headquartered in Newport Beach, California, Intelli-Mine has a national sales and support network. Established in 2000 with a focus on BPM solutions, Intelli-Mine's sole mission is to enable clients to make informed and timely decisions, based on availability of accurate and relevant information.
With more than 40 professionals specializing in delivery of BPM solutions, Intell-Mine has created solutions including Data Warehousing, OLAP, Analytics, Digital Dashboards, Score Cards, and Collaborative Technologies.