Settlement Room is our application for Legal representatives and Financial Institutions to communicate in a common transaction workspace prior to settlement. It has been designed to eradicate any opportunity for settlements to fail while making the business of paper settlement more efficient.
In these spaces, parties can book settlements and communicate in real-time to verify information about the property, the payout figures, settlement balances and payment directions, dramatically increasing the probability for matters to settle the first time.
Settlement Room enables all participants in a transaction to book the date, time and location of each settlement transaction online, providing all parties with real-time visibility of the status of a booking.
Conveyancers can respond quickly and easily on the morning of settlement and arrange cheque directions, get cheques sorted and confirm that settlement can go ahead.
The SSB enhancement is integrated with Conveyancing Manager (our conveyancing workflow tool), Settlement Manager (our online settlement portal for banks), and Search Manager (our search platform), providing all parties in the settlement with a highly integrated space to collaborate.
For more information about how we can help, call our Helpdesk on 1300 730 000 or complete the form below and one of our friendly customer service representatives will give you a callback.