RYNOHTRAX

RynohTrax Ensures Funds
are Available Before
File Disbursement

 

RynohTrax automatically tracks and validates all funds flowing into and out of a specified account(s), and ensures that funds are on hand and on deposit before file disbursement.

ABOUT RYNOHTRAX

Track and Validate Funds in Your Account

RynohTrax automatically tracks and validates all funds flowing into and out of a specified account(s). A user-defined alert list provides automated notification when a specified transaction has or has not occurred in the specified time frame.

RynohTrax also ensures that funds are deposited or wired into the correct account. As long as the account receiving the funds is also monitored by Rynoh, the user will receive an alert if funds are deposited or wired into the wrong account.

Unique Features Include:

  • User-defined Alerts and Automated Reporting
  • Automatic Notification of Transaction Delays
  • Stale-Dated Check Tracking

These features provide more rigorous and comprehensive oversight for faster error discovery and correction.

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
  • 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)

MAKE THINGS BETTER

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MAKE THINGS BETTER

More Ways Rynoh
Live Can Help

RynohPay

RynohEscheat

RynohTrax

RynohSecure

RynohReport

RynohIDW

What is your role at Rynoh?

Package Sorter and Smile Maker. I’m kind of a big deal at Rynoh. Everyone knows and loves me, so making them smile is a piece of cake. By the way, do you have any cake? I like cake. Sorry. What was I saying? Oh! Boxes. Bring me ALL the boxed packages. I measure them up and make sure that they are sorted properly. It’s a messy job, but somedog has to do it!

- Kevin

A FEW KIND WORDS

From Happy Clients

Rynoh has made a tremendous difference in our business. It has helped save our company thousands of dollars. I have to admit, we were hesitant to jump into using Rynoh because we felt like it was all under control. Much to our surprise, we couldn't imagine continuing to reconcile our bank accounts without the assistance of Rynoh. The staff is great and extremely helpful! We make sure and let others know how much we appreciate Rynoh!

Amber Ketchum, Accounting Manager

I love Rynoh! Everything we have needed is in this software. I cannot imagine doing reconciliations manually. The monitoring service is wonderful and allows us to focus our efforts on generating more business rather than hours of escrow reports and monitoring. Rynoh's customer service and support are outstanding. The response times and patience answering questions for a "not so techy" client is much appreciated. I cannot find the adequate words to say what an important part Rynoh plays in our overall day to day business.

Pamela Blissit, Owner

Rynoh made us more prompt on resolving funding issues that would have cost us hundreds of dollars before in interest and fees. Rynoh has also made being best practice compliant easy for our accounting department, whereas before we had a very slow manual process.

Adam Back, Vice President

Rynoh has saved so much time for me. I reconcile 17, somtimes 19 accounts. Reconciling these by hand was extremely time consuming. Rynoh has completely streamlined the process and has eliminated reconciliation errors and searches.

Michelle Smith, Escrow Accountant

The idea of dealing with real time transactions and determining the issues that Rynoh provides is invaluable. It has reduced time to research and resolve transactions by 75%. It required a full day to reconcile our accounts, and now it only takes a couple of hours.

Jesse Valles, Controller

I can't thank you enough for identifying employee and bank errors that could have been disastrous. Our bank is continuously reading our checks incorrectly and RYNOH helps us with solving these issues quickly.

Melanie Smith, Settlement Agent

View All Reviews

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