RynohLive has taken a typical all day, sometimes all weekend, job into less than 10 minutes a day! My last underwriting audit was really quick and easy because I use RynohLive. My auditor didn't need me to email or upload a lot of things because they could just log in to RynohLive, with my permission of course, and see the escrow account and my files. Really a time saver!

I started using RynohLive when I first learned of it several years ago from FNTICO, my underwriting title company, for my escrow reconciliations and positive pay alternative. I close about 100 real estate transaction per month and RynohLive has made reconciling the escrow account a breeze! Typically less than 10 minutes a day to reconcile or discover discrepancies to correct them before any financial loss is realized.

It is a little struggle to coordinate my banks positive and RynohLive but once it is working together I can't live without it so don't give up.

I've enjoyed using Rynoh, I think it actually improved my interaction with my own software, and understanding the bank to software interaction better. I have also ALWAYS had amazing customer service, and that is a hard thing to say about any company, so whoever's in charge of your hiring and training, and of course the people themselves, they are all doing excellent work!

I like being able to search through for specific transactions, often we have items that are same amount/same day but different files and this makes it much easier to go back and find a mistakenly matched item if needed. I also really like being able to sort by all the different columns, and the match multiple option (we only use that for one account but it's still really nice).

I really wish there was a manual sync/pull to our software so I don't have to wait ten minutes for a correction I just made, and also, while I understand that Rynoh just pulls in the morning for the day before, I really really would love to see (at least maybe as an option?) the pull also happen same day, even if it was just to 1 or 2pm, so that I could catch any mistakes same day. I know logically it doesn't make sense since there's the day before pull right away in the morning, but sometimes trying to get ahold of someone a full day after (I'm thinking bank mistakes where they deposit or w/d a wire incorrectly from our account is what I deal with probably the most) can be a little difficult.

Rynoh Live has helped up stay current with our account reconciliation. We are able to correct issues quickly and efficiently using the product.

The software is extremely user-friendly. I logged in for the first time with no issues and was able to navigate easily through the program.

There is sometimes a short time lag when waiting for the system to update so that you can "clear" an exception. This is not a huge problem but more of a nuisance.

The most common mistake Rynoh catches and that we are frequently seeing is banks using scanners to scan and deposit checks into there system. We have had numerous checks being deposited getting stuck going through the scanner with another check and one of the deposits being missed. Also checks written from our account to Townships/company's that are deposited by the Township/company's into their account and using the same scan system we have seen that our account had been debited the customer's personal check rather that our own because the two checks were stuck together going through the scanner. In both cases this error would have been a substantial amount of money to "float" until caught or would have included additional penalties and interest if not paid in the time frame. In this day and age of electronic banking there is no way that you would catch these errors until your monthly reconciliation. It's needs to be done on daily basis and Rynoh will do that for you.

It alerts us on a daily basis of any errors in deposit, cleared checks or uncleared checks.

There really isn't anything that I can say that I don't like about Rynoh .

It's an absolute necessity to have a system in place such as RynohLive to catch errors and aide in the reconciling of our accounts.

We started using Rynoh as soon as we opened our company to aide in the reconciling of our accounts. I can tell you that it has made this process extremely smooth and almost effortless. I love that it keeps track of all of our uncashed checks and that we have the ability to set up alerts with specific timelines. That way we aren't letting anything that is unresolved go for a long period of time. The process is very simple, and the support staff is very helpful and knowledgeable. To be honest I was pleasantly surprised how they knew my software well enough to help troubleshoot a problem I was having internally.

I don't necessarily believe this is a Con of the software because it is supposed to be precise and catch any errors. I struggled a little in the beginning to fix a couple small balancing issues I was having but again it found the errors so it's not really a Con.