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Frequently Asked Questions |
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VMS is the acronym for
Valuation Management
Service. |
| VMS is open to all registered Lenders and
Valuation Firms within Australia and New Zealand. |
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Sandstone Technology runs the VMS service. |
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VMS
facilitates the ordering and management of a residential
valuation request between a Lending Institution and the
Valuation Community. |
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The core functionality includes: |
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Valuation
request response workflow
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Exceptions
management
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Management
Information System (MIS)
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Audit and
Systems controls
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Automated
supplier invoice and payment file generation
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Lender
customisation and configuration module
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Web
Services
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Strategic
Analysis
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Archive
VMS is compliant to industry best practice, non
proprietary, open, transparent and LIXI complaint. |
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A user can access by
www.sandstone-vms.com.au
- A
user can access the service by using a system to
system interface (this requires your organisation to
have engaged VMS Web Services).
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No additional hardware or software is required, assuming
you have a standard PC and standard web browser, e.g.
Internet Explorer by Microsoft. |
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Step 1,
your organisation must be a registered user.
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Step 2,
your organisational administrator will grant you
access
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- If
you are a user contact your organisational
administrator.
- If
you are the organisational administrator contact VMS
support.
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On communication from a registered Lender that a
particular Firm needs to be registered to the service,
Sandstone Technology will provide |
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Initiate formal communications
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The
valuation firm signs and returns the ‘use agreement’
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An
administration user id and password will be issued
to the firms appointed ‘super user’
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The
‘super user’ sets up the firms organisational
details, groups users and permission rights for
their users
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Please
contact your nominated representative at the Lending
Institution that requested the valuation, the VMS
support team cannot assist in these matters. |
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Further
examples of valuation request issues |
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The
address provided in the contact details does not
match the post code.
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The
telephone number provided by the customer for the
contact details is incorrect.
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Can I
have alternative contact names and numbers?
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Any
incorrect details provided for the valuation request
made.
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Delay
requests or fee changes that were approved or
denied.
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The valuation request has been cancelled even if the
valuer has already done some work on it.
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Please contact Sandstone Technology if you have a
technical issue, e.g. ‘I can’t log on’ or I can’t attach
a report. Please refer to the Technical Issues section
of the FAQ for more details. |
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The Lender
pays a transaction fee for using the service, and by and
large there are no fees to the Valuation Firm |
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No
registration fee
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No set
up fee
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No
standard training fee
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No on
going usage fee
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The Valuation
Firm has to pay for requested services over and above
the standard offering which may include |
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Web
Services Consultancy (system to system interface
consultancy)
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Addition training and advice
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Standard Reports and Data Extracts
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Additional notification services e.g. SMS
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Customised reporting
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There are several ways to familiarise
yourself with the VMS |
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A
good starting place is to download and review the
Valuer’s Guide or Lender’s Guide from the VMS home
page
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Seek
support from your organisation’s ‘super user’
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Visit
online help, which can be accessed by clicking the
‘help’ button on the top right corner of each
screen. When accessed, online help provides
assistance on the screen you are currently on.
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Sandstone is
independent of the business relationship between the
Lender and the Valuer. The Lending Institution sets up
and has responsibility for the accuracy of the agreed
post codes, fees and SLAs. |
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Please
download and review the Valuer’s Starter Guide’ from the
VMS home page. This will explain in detail the process
of |
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Setting up
groups
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Setting up
users
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Assigning
permission rights
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Setting
of Individual Valuer’s details
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Setting of
the Firm’s organisational details
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Please
download and review the Valuer’s Guide’ from the VMS
home page. This will explain in detail the process of |
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Accepting or declining
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Assigning
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Completing
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Attaching a Valuer’s report
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Requesting a fee change
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Requesting a delay request
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Requesting an amendment
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The service will immediately send you a new valuation
task to your ‘task list’; we suggest that you log on at
periods during the day to see and action the updates to
your task list. You can also select to receive an email
alert on certain status changes like ‘new request
received from a specific Lender’ alert. |
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The service |
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Online
information flows 24*7*365
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Offers
transparency and eliminates noise and finger
pointing
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Reduces
errors with extensive validation rules
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Improves
workflow with comprehensive screen flow and
valuation business rules
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SLA
infringement alerting and warning functionality
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Cost are
reduced in the following areas, |
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Huge
reduction in response errors
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Less
‘redo’ time,
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Reduction in manual and paper processes
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Reduction in labour intensive manual response
mechanisms
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It
eliminates faxing and re-faxing,
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Reduction in lengthy valuation note taking,
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Elimination of manual valuation tracking
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Elimination of requests to invoice reconciliation
processes
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Reduction in expensive telecommunication costs
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Yes, the service allows users to print a ‘valuation
summary’; it contains all the information that is
available about that specific valuation that is on the
service. It is useful to print out the valuation summary
upon finalising a valuation. |
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You may have to adjust your browser settings. For
Internet Explorer users, left and right page margins of
2 millimetres are recommended. Go to File -> Page Setup
to adjust these margins. |
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Three things
can prevent a valuers report from being uploaded. If an
upload is unsuccessful, you will receive an appropriate
message depending on the cause of the error: |
- The file size
is greater than 1Mb
- Reduce the file size to be less than the limit.
Images could be the main culprit; reduce the size
and/or quality of any images in the document by
rescanning it at a lower dpi setting and try again.
- The file is
NOT in PDF or Microsoft Word format
– VMS only accepts these file formats. Save your
document in one of these formats and try again.
- The file is a
Word file containing macros
– For security reasons, the VMS does not allow Word
files containing macros to be uploaded. Try removing
them, and try again.
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The Search
function should be used (select the Search tab). If you
know the loan reference or customer name for the
valuation, select the appropriate field in the second
drop-down list and enter this data in the text field
next to it. If you know the current status of the
valuation (e.g. Requested), search by this using the
first drop-down list. |
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If your search returned too many results, you can sort
the results by clicking on the header of the column you
wish to sort by. For example, clicking on ‘Address’
header sorts the results by this column. |
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No. Being a
password protected system that enforces a precise
workflow, the VMS ensures that only the assigned
authorised valuer can complete a valuation request. Only
when a valuation is completed is the valuer’s name and
licence registration number recorded. This can be seen
at the bottom of the Valuation Summary screen. |
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The valuation history screen is useful here. Click on
‘View’, then ‘History’ on the top left of the page. For
each event in the course of the valuation, the status,
date and user who took action are shown, along with the
due date and fee at the time. |
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The
valuation’s due date can be changed in two ways: |
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1. Through
the valuation delay request process |
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The
Lender can either accept the new requested due date
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Reject
the requested due date or
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Stipulate an alternative due date
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2. When
a Full valuation goes into an inspected state, i.e.
summary details have been submitted but the valuer’s
report is to follow, the system adds 24 hours (or
whatever is specified under the service level agreement)
to the submitted time stamp and this becomes the new due
date. |
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Your level of access in the VMS is determined by your
manager, and should reflect your role in the company.
Your manager or administrator can easily adjust these
permissions, if necessary. |
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You can only
amend a valuation request if you were given a token or
permission by the firm administrator to amend it. |
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Steps on how
a firm administrator can give a token or permission to a
valuer: |
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Logon to
the system as an administrator
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Go to
the group where that valuation firm user is a member
of.
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Check
whether the group has that token or permission.
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If the token is not available, just add it to the
list of permissions given to the group.
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The VMS uses
standard internet technologies to provide a secure web
based service. All valuation data, messages and updates
are communicated and transferred between a Lending
Institution and a Valuation Firm via VMS using 128-bit
encryption Secure Sockets Layer (SSL) protocol. |
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All users
must have a user id and a strong password and all user
access sessions are terminated after 20 minutes. |
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All sessions are subject to audit tracking and
monitoring. |
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In the
highly unlikely event of a complete service failure
(i.e. a catastrophic event) Sandstone Technology will
recover the service fully within 48 hours. During that
time valuation ordering and completion will revert back
to the present emailing and faxing process. |
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The service has a fully redundant hardware and software
standby solution in place. It is more likely that a
failure will be brief and the system will be brought
back up immediately in which case you will resume from
where you left off. |
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The system will be available but you will not be able to
access it through your regular ISP. If you do not have
back up Internet access you will need to advise the
lender that you cannot access the system to accept a
request. |
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The core hours of service will be between the hours of
6:00 am AEST to 9:00 pm AWST, seven days a week,
excluding scheduled maintenance windows. |
VMS
support at
vmssupport@sandstone-tech.com.au
(02)
9911 7100 and
select option 4
Sandstone Technology Pty Ltd
A.B.N 66 073 904 462 |
Level 4, 123 Walker Street
North Sydney NSW 2060
AUSTRALIA |
Postal Address:
P O Box 2011
North Sydney NSW 2059
AUSTRALIA |
Ph:
+61 (0)2 9911 7100
Fax: +61 (0)2 9955 3788 |
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Check if you have an internet connection.
- If
you do not have an internet connection, contact your
network administrator.
- If
you do have an internet connection, try to browse
other sites.
- If
you can’t access any other internet site, contact
your network administrator to verify if there is a
firewall issue or anything that prevents you from
browsing.>
- If
you are able to browse other internet sites but you
can’t access the VMS main page, clear your temporary
internet files or cache and try to access it again.
- If
all of the earlier procedures fail, please contact
vmssupport@sandstone-tech.com.au
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Cache or temporary internet files
- The files and graphics saved locally from web sites
you have previously visited. |
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The
Temporary Internet Files folder is the location on your
hard drive where web pages and files (such as graphics)
are stored as you view them. This speeds up the display
of pages you frequently visit or have already seen,
because the browser can open them from your hard drive
instead of from the web. |
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Steps on how to clear the
browser’s cache: |
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Microsoft Internet Explorer 5.0 |
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Click
Start, select Settings and Control Panel.
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Double-click Internet Options to open Internet
Properties.
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Click
the General tab.
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Click
Delete Files.
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Click OK
on the Delete Files dialog box.
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Click OK.
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Microsoft
Internet Explorer 6.0
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Click
Start, select Settings and Control Panel.
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Double-click Internet Options to open Internet
Properties.
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Click
the General tab.
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Click
Delete Files.
NOTE: Do not select Delete Cookies. Delete Files
removes all the cookies stored on the computer.
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Click OK
on the Delete Files dialog box.
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Click
OK.
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Netscape
Communicator / Navigator 4.0, 6.0, 7.0
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Click
Edit and select Preferences on the Netscape menu
bar.
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Click
Advanced.
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Click
Cache.
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Click
the Clear Memory Cache button.
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Click
the Clear Disk Cache button.
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Click
OK.
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Firefox
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Click
Tools and select Options on the Mozilla Firefox menu
bar.
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Click
the Privacy Icon on the Option menu bar to open the
Privacy Properties.
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Click
the Clear button across from the Cache option.
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Click Ok
to return to the browser main page.
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Exit and
relaunch the browser.
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Microsoft Internet Explorer 4.0,
4.01, 4.5, and 5.0 for Macintosh
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Click on
Edit and select Preferences on the Internet Explorer
menu bar.
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Click
the arrow beside Web Browser.
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Click
Advanced.
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Then
click Empty Now.
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America Online 5.0 (32 bit)
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Click
Start, select Settings and Control Panel.
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Double-click Internet Options to open Internet
Properties.
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Click
the General Tab.
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Click
Delete Files.
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Click
OK.
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America Online 6.0, 7.0, 8.0 & 9.0
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Click
Start, select Settings and Control Panel.
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Double-click Internet Options to open Internet
Properties.
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Click
Delete Files.
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Click OK.
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- Make
sure you have entered your user id correctly first.
- Make
sure that you are trying to enter the correct
password.
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Passwords can be alphanumeric and are case sensitive
so be sure to check that the Caps Lock key is not
enabled.
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After 3 consecutive attempts to enter the wrong
password, the system automatically suspends the user
account for security purposes.
- If a
user account gets suspended, only the Lending
Institution/Valuation Firm administrator can reset
the password of that account.
- If
the Lending Institution/Valuation Firm administrator
account gets suspended, please contact
vmssupport@sandstone-tech.com.au for the
password to be reset.
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If you are
using Internet Explorer 6.0, Netscape 7.0 or Mozilla
Firefox 1.0.7, you can follow the procedures below: |
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For Internet
Explorer 6.0 and higher |
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Launch
your internet browser.
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Type the
VMS homepage (http://www.sandstone-vms.com.au)
on the address field of your browser.
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Click
"Tools" from the upper portion of the browser.
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Select
"Internet Options" from the drop-down list.
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Select
the General tab.
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Under
home page category, click on "Use Current" button.
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Click
the "OK" button.
or |
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Launch
your internet browser.
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Click
"Tools" from the upper portion of the browser.
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Select
"Internet Options" from the drop-down list.
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Select
the General tab.
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Under
home page category, type the VMS homepage (http://www.sandstone-vms.com.au)
on the address field provided.
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Click
the "OK" button.
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For Mozilla
Firefox 1.0.7 and higher |
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Launch
your internet browser.
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Type the
VMS homepage (http://www.sandstone-vms.com.au)
on the address field of your browser.
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Click on
Tools on the upper portion of the browser.
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Select
"Options" from the drop-down list.
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Select
the General category on the left side of the options
screen.
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Under
home page category, click on "Use Current Page"
button.
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Click
the "OK" button.
or |
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Launch
your internet browser.
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Click
"Tools" from the upper portion of the browser.
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Select
"Options" from the drop-down list.
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Select
the General tab.
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Under
home page category, type the VMS homepage (http://www.sandstone-vms.com.au)
on the address field provided.
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Click
the "OK" button.
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For Netscape 7.0
and higher |
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Launch
your internet browser.
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Type the
VMS homepage (http://www.sandstone-vms.com.au)
on the address field of your browser.
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Click on
Tools on the upper portion of the browser.
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Select
"Options" from the drop-down list.
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Select
the General category on the left side of the options
screen.
-
Under
home page category, click on "Use Current Page"
button.
-
Click
the "OK" button.
or
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Launch
your internet browser.
-
Click
"Tools" from the upper portion of the browser.
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Select
"Options" from the drop-down list.
-
Select
the General tab.
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Under
home page category, type the VMS homepage (http://www.sandstone-vms.com.au
on the address field provided.
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Click
the "OK" button.
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