The meeting days in musty rooms at odd hours with stamps and ink are numbered. Embrace the future with remote online notarization. RON is a digital process that uses videoconferencing technology you already use for meetings to authenticate documents. This is a more convenient and efficient method for both parties.
Streamlined Processes
Traditionally, notarization processes feel like running through molasses. The back-and-forth email chains and slow verification methods make any procurement professional want to pull their hair out. But now, there is a solution that can dramatically streamline procurement processes and deliver a seamless customer experience. With virtual notarization, individuals can connect via video call with a certified notary to have documents legally authenticated in their own homes or offices. This innovative blend of technology and legality saves time that would otherwise be wasted on scheduling appointments or commuting to physical locations, which means faster turnaround times for critical procurement transactions. RON also improves the mortgage process, giving borrowers new levels of convenience that can expedite loan closing and allow them to maintain an end-to-end digital experience from application through closing. Plus, it eliminates the need for notaries to travel to rural and suburban areas, which reduces paper consumption by tens of billions of pages during a typical mortgage transaction.
Enhanced Security
Working from home may have seemed like a pipe dream during the COVID-19 pandemic, but remote online notarization (RON) has proven to be a crucial option for individuals and businesses. RON allows notaries to complete notarizations using audio-visual technologies while maintaining a journal record for auditing purposes. Moreover, RON providers ensure document integrity by using a digital certificate for verifying Signers’ identities and creating a secure signing environment. With knowledge-based authentication, which requires a notary to ask questions about the signer’s background and verification of government-issued ID, RON provides a multi-layer shield against cyber fraud and other security risks. Notaries can save money by avoiding commuting and meeting with clients in person. For example, fewer commutes mean less gasoline, vehicle maintenance, and public transportation expenses. In addition, notaries can work more hours and process paperwork faster with RON. This helps reduce client wait times and improve the overall experience.
Increased Customer Satisfaction
After the coronavirus pandemic, people have been looking for ways to work remotely. One of the best ways to do this is by using remote online notarization. Also known as RON, this service allows individuals to meet with Notaries on their computer or mobile device to sign documents. The process is convenient for both the signer and Notary. Meeting in person is often inconvenient for those who need transportation, work odd hours, or have health issues that prevent them from traveling. In addition, the streamlined process reduces wait times. Online notarization is an effective way to increase customer satisfaction, especially for banks and credit unions. Businesses that offer online customer service can increase revenue and improve customer experience in branch locations by up to 70%.
Lower Costs
RON helps reduce costs for both notaries and clients. For notaries, RON removes the need to schedule appointments in advance and travel long distances – saving on gas, car maintenance, and public transportation expenses. Moreover, a robust online notary platform allows you to verify documents and conduct notarizations instantly. In addition, the streamlined end-to-end process eliminates errors that could delay document processing.
In addition, RON allows you to connect with signers via webcam from the comfort of your home or office. Often, a RON session takes only 10 minutes from start to finish. As a result, RON is a convenient and cost-effective solution for transforming your agreement processes for the digital age.
