Paper processor vs processor

The differences between paper processors and processors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a paper processor, becoming a processor takes usually requires 6-12 months. Additionally, a paper processor has an average salary of $68,814, which is higher than the $32,098 average annual salary of a processor.

The top three skills for a paper processor include outbound calls, claims receipts and CVS. The most important skills for a processor are data entry, customer service, and patients.

Paper processor vs processor overview

	Paper Processor	Processor
Yearly salary	$68,814	$32,098
Hourly rate	$33.08	$15.43
Growth rate	-3%	-3%
Number of jobs	7,044	11,448
Job satisfaction	-	-
Most common degree	High School Diploma, 38%	Bachelor's Degree, 35%
Average age	44	50
Years of experience	4	12

Paper processor vs processor salary

Paper processors and processors have different pay scales, as shown below.

	Paper Processor	Processor
Average salary	$68,814	$32,098
Salary range	Between $45,000 And $105,000	Between $24,000 And $41,000
Highest paying City	-	Randolph, MA
Highest paying state	-	California
Best paying company	-	Argonne National Laboratory
Best paying industry	-	Finance

Differences between paper processor and processor education

There are a few differences between a paper processor and a processor in terms of educational background:

	Paper Processor	Processor
Most common degree	High School Diploma, 38%	Bachelor's Degree, 35%
Most common major	Business	Business
Most common college	-	-

Paper processor vs processor demographics

Here are the differences between paper processors' and processors' demographics:

	Paper Processor	Processor
Average age	44	50
Gender ratio	Male, 59.7% Female, 40.3%	Male, 34.0% Female, 66.0%
Race ratio	Black or African American, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%	Black or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%
LGBT Percentage	11%	7%

Differences between paper processor and processor duties and responsibilities

Paper processor example responsibilities.

Manage a monthly pipeline averaging 100 files from origination to funding per month as a Jr. processor.
Organize film for personal and contract customers (CVS, Walmart, Safeway).
Cut cores for size of rolls of paper that is ran on rewinder per costumer orders.
Work directly with mortgage lenders and foreclosure attorneys to negotiate timely and cost effective repayment plans or modifications for delinquent loans.
Track incomplete applications and run a monthly incomplete application reports.

Processor example responsibilities.

Manage the project schedule and design the PowerPoint presentation.
Manage a monthly pipeline averaging 100 files from origination to funding per month as a Jr. processor.
Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
Obtain title policies and process title claims to expedite REO closings and obtain clear title to properties in numerous states.
Mail clerk, stamp, open, count mail and match checks with EOB 's

Paper processor vs processor skills

Common paper processor skills

Outbound Calls, 77%
Claims Receipts, 10%
CVS, 9%
RAN, 4%

Common processor skills

Data Entry, 19%
Customer Service, 18%
Patients, 11%
Standard Operating Procedure, 6%
Strong Customer Service, 5%
Bank Deposits, 5%