There is no denying that technological progress is advancing at an ever-increasing rate, and amid what can only be described as one of the most turbulent epochs in the history of humanity, everyone must find a way to adjust. This change has contributed to developments in the field of technology, one of which, remote online notarization, deserves special mention because of the significant contributions it has made.
This is a big step forward because it provides businesses (including all various types of organizations operating in multiple industries) the ability to transform how they interact with their customers entirely. For instance, it has modernized real estate transactions, among others. In the long run, this will result in more effective service and higher levels of satisfaction among customers.
What exactly is remote online notarization?
Having a document notarized online by a notary public authorized by the state utilizing electronic signatures and other forms of technology is referred to as remote online notarization. This process is also commonly referred to as RON.
To put it another way, RON refers to the procedure by which a notary public performs their duties in a digital setting while adhering to all applicable regulations. As a result, there is no need to go through the trouble of getting anything notarized in person.
E-notarization may help you take a significant step toward eliminating the need for paper documents, and the advantages extend well beyond just “being more environmentally friendly.” Your customers can sign papers for you to notarize via a secure video conference when you use e-notarization. Although there is a vast number of advantages to which you may refer, the following four are the most important:
1. Profit from quicker and more accurate dealings
E-signatures from customers may be obtained in a matter of minutes using remote online notarization rather than taking days or weeks. That means you can wave goodbye to the days of having to go after hours to see someone who wants notary services since you no longer have to do so. Additionally, in contrast to paper papers, electronic notarization software may allow essential fields, which means that you will always have documents that are 100 percent complete.
2. An improved experience for the borrower
Meeting with a notary in person is the conventional method, but it may be a time-consuming procedure. On the other hand, using a remote online notary is much more convenient for borrowers. Borrowers may speed up the closing process and perhaps get their loan cash more quickly if they have the flexibility to book an online appointment at a time that is convenient for them. Borrowers may also have the opportunity to remain in the same digital environment from application to closing.
3. Cut down on the costs of operations.
Digital signatures will save you a significant amount of time, which, as we all know, is money in the bank. Because electronic notarization of documents may be completed in a matter of minutes, you will have more time on your hands to focus on developing customer relationships and making sales. To add insult to injury, the fact that you won’t have to print, fax, or send as many papers will result in significant cost savings.
4. It’s easy
The online notarization process is straightforward and may be completed in minutes. It takes around 10 minutes, from the moment you click the “notarize now” button to the time your document is available to be downloaded after it has been notarized.
The time-consuming method of scheduling appointments and waiting for a notary public to appear in person is soon becoming obsolete thanks to a technology called Remote Online Notarization (RON). Instead, you may complete the notarization process online using your desktop computer, mobile phone, or any other device that has a camera. All that is required of you is to connect with a notary, submit the document to be notarized, verify your identity, and then download the paper when it’s notarized.
It’s common knowledge that using RON to have documents notarized is the most convenient option. Luckily, remote online notarization is here to stay, and individuals organizing their weddings or other significant occasions may take advantage of this low-cost alternative. With the help of a mobile application, you can confidently finish your paperwork in any location, at any time, with only a few taps on your smartphone’s screen. It will ensure that the technology will be there for you when it counts the most.
