{"id":20336,"date":"2025-01-10T09:01:40","date_gmt":"2025-01-10T09:01:40","guid":{"rendered":"https:\/\/www.mindstask.com\/en\/?post_type=restly_portfolio&#038;p=20336"},"modified":"2025-02-17T13:22:30","modified_gmt":"2025-02-17T13:22:30","slug":"hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies","status":"publish","type":"restly_portfolio","link":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/","title":{"rendered":"Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20336\" class=\"elementor elementor-20336\">\n\t\t\t\t<div class=\"elementor-element elementor-element-080bd82 e-flex e-con-boxed e-con e-parent\" data-id=\"080bd82\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-18a3f4f elementor-widget elementor-widget-heading\" data-id=\"18a3f4f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies <a href=\"\"><img decoding=\"async\" class=\"alignnone  wp-image-12260\" src=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/08\/pdf-download-e1691497343787.png\" alt=\"\" width=\"43\" height=\"43\"><\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c0902d9 e-flex e-con-boxed e-con e-parent\" data-id=\"c0902d9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-53e4b56 e-con-full e-flex e-con e-child\" data-id=\"53e4b56\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dc677ea elementor-widget elementor-widget-image\" data-id=\"dc677ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"640\" height=\"343\" src=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg\" class=\"attachment-large size-large wp-image-21498\" alt=\"\" srcset=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg 700w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global-300x161.jpg 300w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global-150x80.jpg 150w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-77a925c e-con-full e-flex e-con e-child\" data-id=\"77a925c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-69ec1e2 elementor-widget elementor-widget-heading\" data-id=\"69ec1e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Project Details  <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e322a2a elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"e322a2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"bi bi-circle-fill\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Client: Financial Services<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"bi bi-circle-fill\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Industry Type: Finance<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"bi bi-circle-fill\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Region: United States<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"bi bi-circle-fill\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Solution Implemented: Custom Web &amp; Mobile App Development<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c917df0 e-flex e-con-boxed e-con e-parent\" data-id=\"c917df0\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-46819c9 e-con-full e-flex e-con e-child\" data-id=\"46819c9\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-455a026 elementor-widget elementor-widget-heading\" data-id=\"455a026\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cace2f5 elementor-widget elementor-widget-text-editor\" data-id=\"cace2f5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Hilco Global is an independent financial services company providing Valuation, Monetization, Advisory, and Capital Solution services for all tangible and intangible assets. Hilco is the world\u2019s preeminent authority in assisting healthy and distressed companies, and their constituencies derive maximum value from assets. Hilco provides a suite of strategic services to help companies, their advisors, and investors identify the value in business assets, monetize those assets through acquisition or disposition, and leverage them to obtain debt or equity capital. Services include:<\/p><ul class=\"wp-block-list\"><li>Asset Appraisals, Enterprise Valuations, and IP Valuations<\/li><li>Retail, Consumer, and Industrial Inventory Monetization<\/li><li>Machinery and Equipment Monetization<\/li><li>Real Estate Repositioning<\/li><li>Private Equity Investing<\/li><li>A\/R and other Debt Acquisitions<\/li><li>Retail Performance and Profit Enhancement Consulting<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ba342eb e-con-full e-flex e-con e-child\" data-id=\"ba342eb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9936474 elementor-widget elementor-widget-image\" data-id=\"9936474\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"640\" height=\"361\" src=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Hico-case-study.jpg\" class=\"attachment-large size-large wp-image-11367\" alt=\"Hico-case-study\" srcset=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Hico-case-study.jpg 850w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Hico-case-study-300x169.jpg 300w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Hico-case-study-768x434.jpg 768w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7f07adf e-con-full e-flex e-con e-child\" data-id=\"7f07adf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b69a8c1 elementor-widget elementor-widget-text-editor\" data-id=\"b69a8c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tHilco Global is based in Northbrook, Illinois, and has more than 720 professionals operating on five continents with US offices located in Boston, Detroit, Chicago, New York, Philadelphia, and internationally in Australia, Canada, UK, Germany, Netherlands, Mexico, and throughout Asia.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-434a300 e-flex e-con-boxed e-con e-parent\" data-id=\"434a300\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-2179f3d e-con-full e-flex e-con e-child\" data-id=\"2179f3d\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e90b9a4 elementor-widget elementor-widget-heading\" data-id=\"e90b9a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Challenge<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c440dc1 elementor-widget elementor-widget-text-editor\" data-id=\"c440dc1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Hilco was seeking a digital solution that could help reduce manual efforts and improve efficiency in its asset valuation process. The idea was to automate processes using newer technologies to achieve their business goals and mitigate the following challenges:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dcdd201 e-con-full e-flex e-con e-child\" data-id=\"dcdd201\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5de7f21 elementor-widget elementor-widget-text-editor\" data-id=\"5de7f21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u25cf <strong>Time-consuming process: <\/strong>Manually valuing assets was time-consuming, primarily when the client deals with many assets. It took a long time to gather all the necessary information and perform calculations by hand.<\/p><p>\u25cf<strong> Offline Access for Appraisers to iPad App: <\/strong>Requires its appraisers to have offline access to the iPad app while travelling to locations where internet connectivity is unavailable. This offline mode will ensure that the appraisers can access the app\u2019s features and data even without an internet connection, allowing them to perform their job seamlessly.<\/p><p>\u25cf <strong>Lack of consistency: <\/strong>Different individuals may have different approaches to valuing assets, leading to inconsistency in the valuation process.<\/p><p>\u25cf<strong> Inefficient data utilization: <\/strong>Converting paper-format data to digital format was a big challenge to better manage, access, and utilize the data. Furthermore, mapping related images to their unique codes and the respective data were also challenging.<\/p><p>\u25cf <strong>Limited flexibility: <\/strong>Manual processes were inflexible, making it difficult to adapt to changing circumstances or market conditions.<\/p><p>\u25cf <strong>Dependence on specific individuals: <\/strong>The valuation process may be dependent on particular individuals who have the knowledge and expertise to perform the valuation. This could create bottlenecks and inefficiencies.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-153e068 e-con-full e-flex e-con e-child\" data-id=\"153e068\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4c20e11 elementor-widget elementor-widget-image\" data-id=\"4c20e11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"361\" src=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Digital-Assets-valuation-app.jpg\" class=\"attachment-large size-large wp-image-11368\" alt=\"\" srcset=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Digital-Assets-valuation-app.jpg 850w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Digital-Assets-valuation-app-300x169.jpg 300w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/04\/Digital-Assets-valuation-app-768x434.jpg 768w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-130acf1 e-con-full e-flex e-con e-child\" data-id=\"130acf1\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-72a3e34 elementor-widget elementor-widget-text-editor\" data-id=\"72a3e34\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The client also required an automated method for generating customers\u2019 requests for customized reports using dispersed data based on various criteria. Another couple of areas that needed top priority attention were data security and operational Inefficiencies.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-c1855cc e-flex e-con-boxed e-con e-parent\" data-id=\"c1855cc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-c687b1c e-con-full e-flex e-con e-child\" data-id=\"c687b1c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f46e8fd elementor-widget elementor-widget-image\" data-id=\"f46e8fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/solution2-hilco.jpg\" class=\"attachment-large size-large wp-image-21745\" alt=\"solution2-hilco\" srcset=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/solution2-hilco.jpg 400w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/solution2-hilco-300x300.jpg 300w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/solution2-hilco-150x150.jpg 150w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/solution2-hilco-256x256.jpg 256w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/solution2-hilco-120x120.jpg 120w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/solution2-hilco-96x96.jpg 96w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ccc66a3 e-con-full e-flex e-con e-child\" data-id=\"ccc66a3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fbab3fe elementor-widget elementor-widget-heading\" data-id=\"fbab3fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Solution<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-da5505d elementor-widget elementor-widget-text-editor\" data-id=\"da5505d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Minds Task Technologies collaborated with Hilco Team to build a web-based system to digitally manage the data in a flexible and agile way.<\/p><p>We first determined what data is essential to the client and how it is currently being stored and accessed. We then reviewed their current systems and processes for storing, accessing, and using data to identify any inefficiencies or areas for improvement. We then implemented the solution and migrated the existing data into the new system.<\/p><p>A module was created to allow appraisers to update their data. The built-in functionality enables the team to input the data from the backend. For example, the field team uses a mobile app to upload data while travelling in offline mode, and the backend team will sync that data directly to the web. We have created a separate mobile app to collect data most conveniently.<\/p><p>We ensured that the solution is properly configured and customized to meet the specific needs of the client. This also involved setting up different user roles and permissions, importing data from various sources, and defining workflows and processes.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b233dfe e-flex e-con-boxed e-con e-parent\" data-id=\"b233dfe\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-a5e307a e-con-full e-flex e-con e-child\" data-id=\"a5e307a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-03556a2 elementor-widget elementor-widget-image\" data-id=\"03556a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"190\" src=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/technology-hilco.jpg\" class=\"attachment-large size-large wp-image-21747\" alt=\"\" srcset=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/technology-hilco.jpg 400w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/technology-hilco-300x143.jpg 300w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/technology-hilco-150x71.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bb00983 e-con-full e-flex e-con e-child\" data-id=\"bb00983\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5fcfa7c elementor-widget elementor-widget-heading\" data-id=\"5fcfa7c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Technology Used<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4779b74 elementor-widget elementor-widget-text-editor\" data-id=\"4779b74\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><p><strong>Web application<\/strong>: Angular and PHP<\/p><\/li><li><p><strong>Database<\/strong>: MySQL<\/p><\/li><li><p><strong>Infrastructure<\/strong>: AWS services<\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1b03e27 e-flex e-con-boxed e-con e-parent\" data-id=\"1b03e27\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-632f0ad e-con-full order-mb-1 e-flex e-con e-child\" data-id=\"632f0ad\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-68d9ba2 elementor-widget elementor-widget-image\" data-id=\"68d9ba2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"350\" src=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/09\/results-1.jpg\" class=\"attachment-large size-large wp-image-21715\" alt=\"results\" srcset=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/09\/results-1.jpg 400w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/09\/results-1-300x263.jpg 300w, https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/09\/results-1-150x131.jpg 150w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-bf72456 e-con-full order-mb-2 e-flex e-con e-child\" data-id=\"bf72456\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fa172e5 elementor-widget elementor-widget-heading\" data-id=\"fa172e5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Result<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe0b497 elementor-widget elementor-widget-text-editor\" data-id=\"fe0b497\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong>Increased Efficiency<\/strong>: Appraisers are now finishing the valuation process in less time it used to take when done manually<\/li><li><strong>Reduced Teams\u2019 Frustration<\/strong>: The high-quality, multipurpose web app has reduced the Back-office team\u2019s frustration and raised productivity.<\/li><li><strong>Enhanced Appraisal Product<\/strong>: New digital process helps to improve the peer review process and improve consistency throughout the appraisal.<\/li><li><strong>Improved Security<\/strong>: Data security is enhanced significantly<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies Project Details Client: Financial Services Industry Type: Finance Region: United States Solution Implemented: Custom Web &#038; Mobile App Development The Overview Hilco Global is an independent financial services company providing Valuation, Monetization, Advisory, and Capital Solution services for all tangible and intangible [&hellip;]<\/p>\n","protected":false},"featured_media":21498,"menu_order":0,"template":"","restly_portfolio_cat":[148],"class_list":["post-20336","restly_portfolio","type-restly_portfolio","status-publish","has-post-thumbnail","hentry","restly_portfolio_cat-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies<\/title>\n<meta name=\"description\" content=\"Minds Task Technologies collaborated with Hilco Team to build a web-based system to digitally manage the data in a flexible and agile way.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies\" \/>\n<meta property=\"og:description\" content=\"Minds Task Technologies collaborated with Hilco Team to build a web-based system to digitally manage the data in a flexible and agile way.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/\" \/>\n<meta property=\"og:site_name\" content=\"Minds Task Technologies | Digital Transformation Company\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MindsTaskTechnologies\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-17T13:22:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"A London-Based Company Implements Pimcore and Open AI to Transform Business-Customer Connections\" \/>\n<meta name=\"twitter:description\" content=\"Discover how a London-based company leveraged Pimcore and OpenAI to revolutionize their business-customer relationships and stay ahead in the digital era. Explore their success story today.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/09\/ai-pimcore.jpg\" \/>\n<meta name=\"twitter:site\" content=\"@MindsTask\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/\",\"url\":\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/\",\"name\":\"Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies\",\"isPartOf\":{\"@id\":\"https:\/\/www.mindstask.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg\",\"datePublished\":\"2025-01-10T09:01:40+00:00\",\"dateModified\":\"2025-02-17T13:22:30+00:00\",\"description\":\"Minds Task Technologies collaborated with Hilco Team to build a web-based system to digitally manage the data in a flexible and agile way.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/#primaryimage\",\"url\":\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg\",\"contentUrl\":\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg\",\"width\":700,\"height\":375},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mindstask.com\/en\/#website\",\"url\":\"https:\/\/www.mindstask.com\/en\/\",\"name\":\"https:\/\/www.mindstask.com\/en\/\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.mindstask.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mindstask.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.mindstask.com\/en\/#organization\",\"name\":\"Minds Task Technologies Pvt Ltd\",\"url\":\"https:\/\/www.mindstask.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mindstask.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2022\/03\/logo.png\",\"contentUrl\":\"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2022\/03\/logo.png\",\"width\":261,\"height\":53,\"caption\":\"Minds Task Technologies Pvt Ltd\"},\"image\":{\"@id\":\"https:\/\/www.mindstask.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/MindsTaskTechnologies\",\"https:\/\/x.com\/MindsTask\",\"https:\/\/www.linkedin.com\/company\/mindstask-technologies\/mycompany\/\",\"https:\/\/www.instagram.com\/mindstasktechnologies\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies","description":"Minds Task Technologies collaborated with Hilco Team to build a web-based system to digitally manage the data in a flexible and agile way.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/","og_locale":"en_US","og_type":"article","og_title":"Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies","og_description":"Minds Task Technologies collaborated with Hilco Team to build a web-based system to digitally manage the data in a flexible and agile way.","og_url":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/","og_site_name":"Minds Task Technologies | Digital Transformation Company","article_publisher":"https:\/\/www.facebook.com\/MindsTaskTechnologies","article_modified_time":"2025-02-17T13:22:30+00:00","og_image":[{"width":700,"height":375,"url":"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_title":"A London-Based Company Implements Pimcore and Open AI to Transform Business-Customer Connections","twitter_description":"Discover how a London-based company leveraged Pimcore and OpenAI to revolutionize their business-customer relationships and stay ahead in the digital era. Explore their success story today.","twitter_image":"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2023\/09\/ai-pimcore.jpg","twitter_site":"@MindsTask","twitter_misc":{"Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/","url":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/","name":"Hilco Global, Digitalizes Its Asset Valuation Process to Streamline Process and Improve Efficiencies","isPartOf":{"@id":"https:\/\/www.mindstask.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/#primaryimage"},"image":{"@id":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg","datePublished":"2025-01-10T09:01:40+00:00","dateModified":"2025-02-17T13:22:30+00:00","description":"Minds Task Technologies collaborated with Hilco Team to build a web-based system to digitally manage the data in a flexible and agile way.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mindstask.com\/en\/case-studies\/hilco-global-a-us-based-financial-services-company-digitalizes-its-asset-valuation-process-to-streamline-process-and-improve-efficiencies\/#primaryimage","url":"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg","contentUrl":"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2024\/12\/hilco-global.jpg","width":700,"height":375},{"@type":"WebSite","@id":"https:\/\/www.mindstask.com\/en\/#website","url":"https:\/\/www.mindstask.com\/en\/","name":"https:\/\/www.mindstask.com\/en\/","description":"","publisher":{"@id":"https:\/\/www.mindstask.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mindstask.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.mindstask.com\/en\/#organization","name":"Minds Task Technologies Pvt Ltd","url":"https:\/\/www.mindstask.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mindstask.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2022\/03\/logo.png","contentUrl":"https:\/\/www.mindstask.com\/en\/wp-content\/uploads\/2022\/03\/logo.png","width":261,"height":53,"caption":"Minds Task Technologies Pvt Ltd"},"image":{"@id":"https:\/\/www.mindstask.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MindsTaskTechnologies","https:\/\/x.com\/MindsTask","https:\/\/www.linkedin.com\/company\/mindstask-technologies\/mycompany\/","https:\/\/www.instagram.com\/mindstasktechnologies\/"]}]}},"_links":{"self":[{"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/restly_portfolio\/20336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/restly_portfolio"}],"about":[{"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/types\/restly_portfolio"}],"version-history":[{"count":16,"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/restly_portfolio\/20336\/revisions"}],"predecessor-version":[{"id":24152,"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/restly_portfolio\/20336\/revisions\/24152"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/media\/21498"}],"wp:attachment":[{"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/media?parent=20336"}],"wp:term":[{"taxonomy":"restly_portfolio_cat","embeddable":true,"href":"https:\/\/www.mindstask.com\/en\/wp-json\/wp\/v2\/restly_portfolio_cat?post=20336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}