Settlor offers a cloud-based platform for title, closing, and escrow accounting that enhances accuracy in real estate transactions. By automating complex financial processes, it minimizes errors and delays, improving overall transaction efficiency.
Funding
Funding not disclosed
Founders
Product
Problem
Title and escrow companies face challenges in managing complex financial processes, leading to potential inaccuracies and delays in real estate transactions. Traditional systems often lack real-time data sharing and automation, hindering collaboration and transparency.
Solution
Settlor is a cloud-based title production system designed to streamline and enhance accuracy in title, closing, and escrow accounting. The platform automates key workflows, facilitates real-time data sharing, and provides a comprehensive multi-application design encompassing title, closing/escrow, customer database administration, and financial/escrow accounting. Settlor's open API allows for integration with other systems, while its customizable workflows and reporting architecture adapt to specific business needs. By centralizing critical information and documents, Settlor improves operational efficiencies and provides a more transparent transaction experience for all parties involved.
Target Audience
Settlor primarily targets title insurance companies and agencies seeking to simplify, streamline, and improve the performance of their title and escrow operations.
Features
- Cloud-based platform providing scalability, security, and browser-based flexibility
- Real-time organizational data flows for immediate collaboration
- Customizable, automated workflow application with an extensive library of workflow events and triggers
- Comprehensive multi-application design for title, closing/escrow, customer database administration, and financial/escrow accounting
- Open AI interface for integration with other systems
- Customer-centric data and control with an open reporting architecture
- Integration with CloseSimple for automated email and text updates, client portal, and fraud prevention tools