Newport Beach, CA (PRWEB) May 18, 2011
Settleware® Secure Services, Inc, the pioneering electronic signature and secure form workflow leader to the real estate, escrow and mortgage industry today announced the release of an enhanced external ‘auditor’ feature. “Permission and rules based access to archived records to a secure e-vault satisfies a critical need for all escrow, settlement and closing agents in order to be compliant with state and federal regulations," stated C. Richard Triola, President & CEO.
With more than 3 decades of real estate and escrow domain experience, Settleware (formerly ezEscrow.com) recognized that licensed escrow/settlement companies are required to complete financial audits every year to ensure compliance with state regulations and most licensed closing agents are subject to random, surprise examinations by the governing bodies.
“With the increased awareness that electronic signatures and electronic escrow will soon become the standard for all escrow and closing agents we needed to provide special roles and privileged access to not only state examiners but also independent CPA firms that need to review files and complete their audits. Granting these professionals secure access to view all digital and electronic files allows the industry to readily adopt this 'game changing’ and patented technology."
Featured in the best seller ‘Game Changers- Leading Entrepreneurs and How they are Changing the Game..’, (Amazon’ rated #1, November 2010), Triola continued to describe how an e-Signature affixed to any/all contracts and agreements will become the standard, eliminating the ‘friction’ associated with paper, faxing, scanning and expensive overnight deliveries of agreements, and urges all escrow, settlement and closing agents to explore not only the immediate benefits to all clients and stakeholders but to also become stewards and drivers of good corporate social responsibility. With the click of a mouse and zero carbon footprints it is not difficult to understand the impact on our environment for generations to come.