Dorado
3.3 of 5 7 reviews
www.dorado.com San Francisco, CA 50 to 149 Employees

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3.3 7 reviews

                             

67% Approve of the CEO

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Dain Ehring

(6 ratings)

60% of employees recommend this company to a friend
7 Employee Reviews
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Cutting edge technology

Anonymous Employee (Former Employee)
San Mateo, CA

I worked at Dorado full-time for more than 3 years

ProsSoftware is leading edge, automating the processes of originating loans using the SaaS model.

The company offers banks a fully automated system for managing and tracking the consumer lending process from point-of-sale through funding. The company’s marquee ChannelMaster(R) mortgage origination suite is the leading cloud computing solution for mortgage production, capable of processing more than 10,000 complex transactions per day, and handling in whole or part, an estimated 16% of all U.S. loans produced. The company also provides Tier One banks with a services order management system.

Along with the benefits of SaaS – increased functionality and dependability with minimal capital costs, flexible configurations, and rapid deployment, CoreLogic Dorado’s patented workflow solutions uniquely enable users to monitor transactions in real-time and to collaborate across multiple parties. Customers gain competitive advantage via efficiencies, better control over the product mix, and automated tracking and compliance. Moreover, the company’s pay-for-performance model provides a compelling alternative to single-point solutions, closed systems, and internal development.

ConsExpensive to implement all the features customers want.

Advice to Senior ManagementContinue to help customers understand keeping the initial implementation simple and then modularly add on for a fee

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Good work life balance but no promotions for women

Anonymous Employee (Former Employee)
San Mateo, CA

I worked at Dorado

ProsFlexible work hours
Work from home
autonomy

ConsNo career growth
Do not seem caring
Boys club in engineering
Do not recognize a good job , so you need to be self motivating.

Advice to Senior ManagementYour employees needs career advancement too, especially the women who seem to never move up !

Yes, I would recommend this company to a friend

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Good company to work for

Anonymous Employee (Current Employee)
San Mateo, CA

I have been working at Dorado

ProsThe leadership is very open about the business. The management treats employees fairly. Nice people to work for and work with.

ConsEmployees are not as productive as they could be. Questionable prospects for the technology offered to actually make an adequate profit.

Yes, I would recommend this company to a friend

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I work with exceptionally bright and pleasant people creating outstanding technology to improve the lending industry.

Anonymous Employee (Current Employee)
San Mateo, CA

I have been working at Dorado

ProsExcellent colleagues, very smart, exceptionally talented, great to work with.
Dorado makes every effort to treat employees well.
Leading edge Rich Internet Application technology (Flex, Java, Oracle).
A chance to contribute significantly to much needed improvement of the mortgage industry.
Tremendous opportunity for growth as Dorado solutions are increasingly adopted -- Dorado is the recognized technology leader in this space; competitors succumbed to the financial crisis; and encouraged by a track record of successful deployments (e.g. at JP Morgan Chase) there is strong and growing demand for Dorado products by top and mid-tier financial institutions.

ConsThe urgency with which customers want solutions delivered can lead to working long hours to meet a deadline or fix a problem (though occasional extreme pressure is balanced by the casual, friendly work environment, flexible hours, and opportunity to work when suitable from home).
There are lots of problems to solve at Dorado -- at least for most positions, a person who doesn't enjoy tackling and solving problems would be better off in a less challenging environment.
For anyone not smart and skilled enough, or not enthusiastic enough to work hard and be highly productive, working at Dorado would not be a happy or successful experience.
Dorado is very dynamic -- a person unable to tolerate uncertainty and rapid change, who needs a more stable, predictable, mature company environment, would not be happy at Dorado.

Yes, I would recommend this company to a friend

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Overall treats employees well but may be hard to move ahead

Anonymous Employee (Former Employee)
San Mateo, CA

I worked at Dorado

ProsThey offer a good work life balance in a nice location . People are friendly, comfortable office space, flexible.

ConsGrowth may be limited at this company , hard to move ahead.

Advice to Senior Managementinvest in employees more often and offer training , give more chances from growth for valued employees.

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Not much going on here....

Anonymous Employee (Current Employee)

I have been working at Dorado full-time

ProsFlexible work schedule, paychecks don't bounce....

Some really nice people to work with for the most part.

ConsWorse corporate culture I have ever experienced. Thought new owners would clean house, but parent company indecision has made the culture even worse here in the last year.

Engineering is the only organization not completely broken, but if you're an software engineer looking to work on interesting projects...don't look here. Company bills itself as a SaaS/Cloud provider, but the product is going nowhere. Its more of a custom software hosting shop for one big customer and a handful of customers running on old broken code that is constantly breaking.

Advice to Senior ManagementThe parent company should just blow-up the senior management team. Its a good old boy network and the prior CEO - now a VP is a very poor leader.

No, I would not recommend this company to a friend

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Few employees are happy here

Anonymous Employee (Former Employee)

I worked at Dorado

ProsThere are some very talented individuals and middle managers.

ConsAlthough it pitches itself as an independent software development/cloud services provide, it is basically an outsourced IT department for JPMorgan's mortgage business. The company has backed itself into a corner financially. It has an expense level that makes it beholden to JPMorgan without the discipline to reduce expenses to allow them to bootstrap into their larger ambitions.
This gap between the executive pitch and the day-to-day reality wrecks havoc on employee morale.

Advice to Senior Managementneed to develop new customers or reset expectations

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Glassdoor is your free inside look at Dorado reviews and ratings — including employee satisfaction and approval rating for Dorado CEO Dain Ehring. All 7 reviews posted anonymously by Dorado employees.