Rynoh saves me hours of time each month.
Rynoh saves me hours of time each month because mistakes can be identified the next business day and not 30 days later when we are working on the monthly reconciliations. Our underwriter is also able to access our accounts through Rynoh and this is incredibly helpful for our yearly audit. We don’t have to spend any time pulling bank records for them! It’s also a lot easier to monitor stale-dated checks through Rynoh since it updates daily with what has cleared. We love Rynoh!
They are always just a phone call away.
Peace of Mind! They are always just a phone call away. You can ask all the questions you have and they will answer and give you any assistance you may need! When you call they always have the time for you that you need!
Rynoh has eased the process of reconciling our accounts tremendously.
Rynoh has eased the process of reconciling our accounts tremendously. In this new year, we have been in the process of switching banks for our escrow account. I cannot say enough how much Rynoh has helped in this process. Rynoh will review both accounts, and notify me when any deposits/checks/wires are deposited in the wrong account, and keeps me from having to search multiple bank accounts for the one transaction. It saves me so much time on a daily basis.
Rynoh has saved us thousands.
Rynoh has saved us thousands of $$ in fraudulent checks. We have also been able to identify wires that should have gone out but didn’t OR wires that were returned for one reason or another. By identifying these early, we have saved money in additional interest and penalties. Also, we reconcile multiple accounts daily and we could not do it without Rynoh! We also like being able to email our auditors all of the banking information directly from Rynoh.
Rynoh and Positive Pay definitely saved the company $41,000.00.
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.
I couldn’t imagine doing bank reconciliations without RynohLive.
Working for a title company with over 100 employees, and usually 8 different bank accounts at any given time I couldn’t imagine doing bank reconciliations without RynohLive. It makes my daily account balancing quick and easy, and allows for me to detect any errors (or possible fraud) as quick as possible. I would be lost without my RYNOH morning reports!
The best thing we ever did was signing up with Rynoh for our everyday three-way reconciliation.
I love Rynoh because it helps me keep up with Wires that need to be sent out after closing. We switched Banks for our Trust Account last year (2017) and we had a couple lingering files that disbursed on the Old Trust Account and because we had switched Rynoh to our New Trust Account we missed sending out a Wire. Thankfully we were only a day late in sending the wire but with Rynoh on the job we never miss sending out Wires!!! The best thing we ever did was signing up with Rynoh for our everyday three-way reconciliation.
Rynoh helped to immediately identify 2 fraudulent checks in a single day.
Rynoh helped to immediately identify 2 fraudulent checks in a single day, and then subsequently the same individual attempted to deposit another fraudulent check on our account. Fortunately, we were able to immediately notify the bank, who took care of the problem immediately.”
Thanks to Rynoh, we are truly in a better position to safeguard the funds we hold in escrow.
Prior to implementing Rynoh (in 2014) we ran 3-5 different paper reports monthly to monitor trial balances, undisbursed funds, stale dated checks, and uncleared payments, and 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. Notice of return deposit items typically took 7-10 business days by mail; now we know the following day. Thanks to Rynoh, we are truly in a better position to safeguard the funds we hold in escrow.