WHAT WE DO
By combining ALTA Best Practices and the most advanced technology in financial crime prevention, RynohLive delivers everything your organization needs to manage your escrow accounts while fighting fraud.
RynohLive is a proactive financial management and fraud prevention software that provides daily three-way account reconciliation, real-time auditing, reporting and financial transparency.
It delivers a range of fraud detection including automatic group deposit matching, automatic sweep account reconciliation, and monthly reconciliation evaluation giving you a rigorous and comprehensive oversight for faster error discovery and correction.
WHAT’S IN IT FOR YOU?
- RynohLive allows for electronic verification of reconciliation – on a daily basis.
- Demonstrate financial transparency as mandated by the CFPB.
- Demonstrate that your business is following ALTA’s Best Practices – especially Pillar No. 2.
- RynohLive offers automatic daily three-way reconciliation, with an embedded “Wizard” that identifies accounting and posting errors.
- Easily create a list of critical disbursement alerts that let you know when something isn’t quite right.
- ie: Any disbursement greater than or equal to $5,000 that has not cleared after 4 business days.
WANT TO LEARN MORE?
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