LendingTree Picks ValuAmerica Tech

LendingTree Settlement Services, Charlotte, N.C, has selected Pittsburgh-based ValuAmerica's Web-based ValuNet xsp software to manage its vendor management process.ValuNet xsp automates vendor selection and ordering, and provides real-time vendor performance scoring and reporting in order to increase operational efficiencies, ValuAmerica said. The implementation is scheduled to be complete in June 2005. LendingTree Settlement Services is a joint venture between LendingTree LLC and GreenLink LLC, an affiliate of Wachovia Corp. It offers settlement services such as appraisal, credit, flood, title, and closing services. ValuAmerica is a national provider of settlement services and supply chain management tools. The companies can be found on the Web at http://www.lendingtree.com and http://www.valuamerica.com.