RynohLive was created by a settlement agent, for settlement agents, attorneys, underwriters and lenders.
Every feature was designed with the title industry’s unique needs in mind.
RynohLive is a patented, web-based, “bridge application” that has revolutionized escrow account management practices. RynohLive integrates with the agent’s escrow accounting software and their online banking (read only) to provide the industry’s premiere escrow and financial security software solution. We offer continuous end-to-end account auditing, daily reconciliation, transaction monitoring, anti-fraud algorithms and built-in automated reporting.
- Automated Positive Pay
- Daily three-way reconciliation
- Management and tracking of critical disbursements
- Daily monitoring and reporting to key management personnel
The Six RynohLive Modules
RynohPay provides automated Positive Pay with payee or non-payee match depending on the capability of your bank.
RynohTrax automatically tracks and validates all funds flowing into and out of a specified account(s).
RynohReport combines the functionality of RynohTrax and RynohRecon to provide daily and monthly management reports.
RynohRecon automatically retrieves paid items data from your financial institution and reconciles them with your escrow accounting software for a daily 3-way reconciliation of your accounts.
Remotely review any and all escrow accounts via RynohLive‘s easy-to-use dashboard.
RynohIDW provides Intraday Wire notifications so you are alerted, in real time, when wires come in or go out without waiting until the next business day.
“Rynoh helped us identify manipulations that former employees were using to manipulate our system to make files balance and ultimately lose money for the company.”
Kristy Walker, Real Estate Closer
Patch Reef Title Company, Inc.
“Prior to implementing Rynoh we ran 3-5 different paper reports monthly to monitor trial balances, undisbursed funds, stale dated checks, and uncleared payments; the information was only as good as the prior monthly bank statement revealed. We see all of this information, and more, on a daily basis now. Thanks to Rynoh, we are truly in a better position to safeguard the funds we hold in escrow.”
Vesta Settlements, LLC
“We have the Positive Pay Report and the RynohLive reconciliation service. In January of 2018, over the course of 3 days, we had 6 counterfeit checks get caught totaling $41,000.00. The checks were perfect; they had our name and address, account number and routing number. Rynoh and Positive Pay definitely saved the company $41,000.00.”
Laura Perry, Owner
Receive, review, submit and archive your reconciliation reports with ease. RynohLive generates comprehensive daily and monthly reports you can count on; alerting you to time-sensitive errors should they occur.
Client Support you can rely on
Our professionals, who know the software and the industry, are here if you have any questions.