Adeptive Software has added First Banking Services’ (FBS) On-Trac to its ResWare title and escrow software, the company announced.
On-Trac will provide ResWare customers with another option for daily account monitoring and reconciliation. Once service is established with FBS, On-Trac data can be retrieved from ResWare for analysis and review with daily customer communication to resolve issues.
“With the power of ResWare and a network of over 150 integration providers, we focus on improving and automating the transaction process, thus enabling our clients to focus on their customers,” Adeptive President Bryan Buus said in a release. “Offering On-Trac for escrow account monitoring and reconciliation gives customers additional options to meet their escrow accounting needs.”
On-Trac maintains and stores records of all actions taken for audit and compliance purposes, and the records are available when viewing file ledgers. It also provides additional reporting tools such as dormant file management and outstanding check follow-up.
“We are excited to provide a simple and economical solution to ResWare customers to meet their escrow closing account management needs,” FBS President Karen Myers said. “We’ve been around a long time, providing accounting products and reconciling accounts for the real estate industry and banking community. We understand the needs, and more importantly, the practicality in solving for those needs.”