North American Title Co. (NATC) has implemented the OurRecords compliance management system.
OurRecords automates the onboarding, document submission, review, approval and maintenance of business partner compliance. The system keeps each business partner’s profile and all submissions and communications secure.
“Our solution allows NATC to create criteria around different groups of vendors, depending on the level of credentialing needed,” co-founder and OurRecords CEO Bill Hall said in a press release. “For instance, each state or underwriter may have different prerequisites for signing services. The requirements can be easily customized to each of those parameters.”
OurRecords also notifies parties when new documentation is needed.
The compliance management system will allow NATC to request and secure credential requirements, forms, manuals, procedures and policies from third-party vendors and contractors.
“The title industry has always had many, complex moving parts,” NATC Senior Vice President Tiffany Bertling said. “OurRecords has met all of our criteria for a truly high-performance system that ensures all of our requirements – both internal and external – are met and verified within one system.”