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Settlement Room: enhanced SSB system

Provides collaborative online meeting space for transparency between all parties

A major upgrade or our existing Self-Service Booking (SSB) service, Settlement Room is designed to eradicate any opportunity for settlements to fail while also making the business of arranging settlement more efficient.
All financial institution clients who use recent upgrades of Settlement Manager will have access to the Settlement Room  feature.

Download our Settlement Room brochure

Register for a demonstration of Settlement Room  

A critical feature of our new enhancement has been the creation of a virtual meeting or “transaction” workspace where all parties in a settlement (outgoing and incoming mortgagees and buyer and seller representatives) can gather online to share, compare and agree on information prior to actual settlement.

Here parties can communicate in real time and verify information about the property, the payout figures, settlement balances and payment directions, dramatically increasing the probability for matters to settle 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.
The new SSB enhancement will be integrated with Conveyancing Manager  (our conveyancing workflow tool), Settlement Manager (our online settlement portal for financial institutions), and Search Manager (our search platform), providing all parties in the settlement with a highly integrated space to collaborate.
If you are already using Settlement Manager, information from this application will automatically prepopulate settlement matters in Settlement Room, eliminating unnecessary re-keying of data and reducing the opportunity for error.
Integration will also provide the potential for settlements to be arranged from any of the SAI Global Property settlement related products like Search Manager, Conveyancing Manager, Settlement Manager or if you do not use any of these products, from Settlement Room directly, removing the need to log into numerous platforms and systems to complete arranging settlement.

For more information about how we can help, call our Helpdesk on 1300 730 000 or complete our contact us form and we will contact you.

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