Enables the auditor/comptroller to monitor, and oversee the daily escrow operations of all RynohLive accounts.
RynohSecure is the monitoring module for the underwriter that is not a part of the standard agent configuration. This module enables the auditor/ comptroller to monitor, and oversee the daily escrow operations of all RynohLive accounts. A composite “Audit/Analysis” summary provides daily snapshot of the integrity of escrow operations. Every transaction within the accounting system is monitored and reviewed 24×7. This composite report is generated based on alerts criteria defined by the auditor/comptroller. Additionally, monthly three-way reconciliation reports are automatically provided, and stored within the system. Anti-fraud algorithms will continue to be developed that will enable auditors/ comptrollers to more readily identify potential fraudulent or inappropriate escrow practices within the organization.
[We] had a mystery shopper scam. Between Rynoh and our bank, the scammer moved on in a few days as their checks were rejected immediately. We knew immediately and the issue was resolved.
- Remotely review any and all escrow accounts
- Easy-to-use dashboard
- Drill down to see anomalies
- Review the health and well-being of your escrow accounts with one click of your mouse