A variety of platforms have splashed onto the Remote Online Notary Solution scene in the post-covid world with varying features and capabilities. In one strange way, the world’s response to covid and it’s domino/butterfly like effect resulted in laws being passed expeditiously, directly benefiting remote online notary and eclosing industry. The brightest in the field have already started to optimize their e-closing processes by integrating with Remote Online Notary API and the rest are following suit.
Besides your sales team, it is the best tool available helps them get their clients to sign the dotted line faster.
You can waste time googling “Notary Near Me” or you can just get it done online in <10 minutes.
The RON Companies
Today we’re going to be analyzing the difference between two different platforms. The first is Signix. Signix is based out of the great state of Tennessee (Chattanooga specifically) and has a long historic run in the industry. They have been doing digital signatures for over 20 years. We at BlueNotary would like to publicly applaud them for their longevity over two decades.
The second platform is of course BlueNotary. BlueNotary was one of the many companies to rise out of 2020’s ashes and launch onto the Remote Online Notary scene and has some unrivaled features and values despite its relatively new stance in the field. Aside from Signix, the majority of the industry has brought their products to the SaaS market much closer to the same time as BlueNotary.
BlueNotary was founded by a coding team that put extra thought into cryptographic security and leadership that knows how to give business partners and notaries utility and customers the customer experience that they’re expecting. They also built their OWN unique proprietary technology that allows White Label businesses to enable the entire process of Remote Online Notarization entirely through their own website without opening an outside browser or anything.
We’ve already touched on some of the dangers of entrusting security to 3rd party platforms like zoom previously. Plus, it just looks more professional when it’s all hosted on the same site.
Your customers and signing agents can conduct fully recorded audio and video meetings anytime. Anywhere.
For Notaries
Notary Publics not associated with a business are privy to many of the same features. Although you are not afforded full API integration for your websites under the plan for our individual notaries (Pro-Hybrid), our team of Pro-Hybrid Notaries receive custom branding features on the emails that they send out to the clients. Notaries also have the opportunity to pass extra verification and certification steps in order to enter our Loan Signing Open Call Program that helps connect them with title agencies and law firms as part of our remote online notary solution.
For Notary Publics looking to just try out a platform without having to commit and full send a 1-3 year subscription, BlueNotary offers plans for Notaries at $27 a month. Signix has no publicly listed trial offers that we could find. Prices begin at $449 for Signix for a 1 year plan for individual Notaries. You can already see that BlueNotary is somewhat more economical at less per month than Signix is per year, especially if someone is just looking to dip their toe in.
Signix does offer digital signature solutions that are cheaper than their Remote Online Notarization software, but for the purposes of this article and comparing them as Remote Online Notary Platforms, digital solutions are just not as legally binding nor relevant
Shared Features
The companies share a lot of the same features. Both companies store audio/video recordings for over 10 years. Each company has SoS (Secretary of State) approval in the vast majority of states that have laws allowing for Remote Online Notary at this time. Both companies provide a full audit trail for their clients. They both offer email reminders and task progress tracking dashboard.
On both platforms businesses and notaries are able to customize their own templates in case they process the same document type frequently. Both platforms have secure identity authentication. Both platforms have their own e-journals. Each platform cryptographically seals their documents as notarized legal evidence and proof.
They are also both about to be Certified eMortgage Providers through MISMO. This makes them some of the best candidates to be working with Real Estate businesses as it adds an extra layer of integrity.
RON Integration and the Future
It will certainly be exciting to watch both of these platforms grow along with the rest of the E-Closing and E-Notarizing businesses that continue to boom going into the 2020’s. It could certainly be said that this is the roaring 20’s of remote online notarization as over one billion notary transactions that occur annually are now flooding into the digital space with more “technologically with the times” RON laws.
With RON and White Label Solutions you can do away with all the extra costs of driving, filing, documenting, storing, and keeping track of each individual transaction. Now it’s possible to do these all in the same place. And that place is right at home on your own site with fully integrated RON API. This booming RON expansion period means more online transactions for notaries as well. It’s an exciting industry of opportunity at this time for those who are open to it.
Hope you enjoyed our short breakdown!
If you’re interested in trying a free trial as a notary click here.
If you are interested in our BlueNotary’s RON White Label Solution sign up for a demo here.