RYNOHLIVE
RynohLive tracks and reconciles Critical Escrow Disbursements
RynohLive is a patented, web-based, “bridge application” that has revolutionized escrow account management practices.
ABOUT RYNOHLIVE
Reconciliation Analysis, Fraud Identification & Reporting Tools
RynohLive integrates with the agent’s escrow accounting software and their online banking (read only) to provide the industry’s leading 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.
RynohLive connects seamlessly to your banking data and your settlement software in a cyber-secure, cloud-based environment. We tell you what you need to know, when you need to know it, and automatically generate reports that allow you to manage and reconcile your accounts DAILY!
Unique Features Include:
- Automated Positive
Pay - Daily three-way reconciliation
- Management and tracking of critical
disbursements - Daily monitoring and reporting to key
management personnel
RynohLive offers a standalone Positive Pay feature if your bank does not offer this service.
With RynohLive, you can reconcile your account(s) on a daily basis, as recommended by the American Land Title Association’s Best Practices Pillar #2. We are the solution provider that allows for electronic verification of reconciliation, a critical distinction in following Best Practices. Also included with RynohLive is the reconciliation Wizard which easily identifies account inconsistencies and flags items that are preventing reconciliation. From day-one of installation, you and your team can take full advantage of RynohLive reconciliation analysis, fraud prevention, and reporting tools.
About Reconciliation
Reconciliation Wizard
The Reconciliation Wizard identifies accounting errors and assists users in ensuring their accounts are reconciled. The Reconciliation Wizard:
- Verifies that File-to-File Transfers are in Balance
- Ensures there are no “forced” Cleared Transactions
- “Forced” Cleared Transactions are Transactions that are Manually Cleared in the Software and do not have a Matching Bank Transaction
- Flags Errors (Including Posting Errors and Bank Errors)
- Guides the User Through the Correction Process Ensuring that your Escrow Account Remains Compliant with ALTA’s Best Practices, and that you are Audit Ready!
Reconciliation Analysis Report
The Reconciliation Analysis Report ensures that an account is balanced three ways and identifies potential audit or regulatory concerns including:
- Transactions that have Cleared the Bank but are not Posted in the
Accounting Software - Files with Negative Balances & Stale-Dated Checks
- Pending Deposits & Files with Retained Funds
- Flags Errors (Including Posting Errors and Bank Errors)
- Guides the User Through the Correction Process Ensuring that your Escrow Account Remains Compliant with ALTA’s Best Practices, and that you are Audit Ready!
MAKE THINGS BETTER
More Ways Rynoh
Live Can Help
RynohPay
RynohTrax
RynohIDW
RynohSecure
RynohReport
RynohEscheat
MAKE THINGS BETTER
More Ways Rynoh
Live Can Help
RynohPay
RynohEscheat
RynohTrax
RynohSecure
RynohReport
RynohIDW
Quality Control and Team Building. I am responsible for ensuring we are only disbursing the highest quality treats to the fur staff. Additionally, I help with team building, focusing mainly on trust as a core value. I primarily use the “Trust Fall” exercise to instill this value.
A FEW KIND WORDS
From Happy Clients
