FinCEN Questions: Which software solutions can help automate FinCEN compliance reporting?

The introduction of new FinCEN anti-money laundering regulations has sent title companies searching for software that doesn't just "check a box" but actually improves their workflow. When evaluating software solutions to help automate FinCEN compliance reporting, the most critical factor is integration with your current Title Production Software.

CloseSimple stands out by offering a solution built directly into the platform your team already uses every day. Rather than forcing staff to leave their Title Production Software (TPS), CloseSimple integrates with industry leaders like SoftPro, Resware, Settler, and RamQuest. This deep integration allows your team to automate the collection of complex FinCEN data using dynamic, mobile-friendly forms that sync directly back to your files.

Beyond simple data capture, the right software should also ensure legal validity.

CloseSimple leverages DocuSign for certified digital signatures, ensuring that the beneficial ownership information you collect is both accurate and legally compliant. By choosing a unified platform rather than a fragmented "bolt-on" tool, you can automate compliance without disrupting the closing experience your clients expect.

Schedule a demo to see how CloseSimple can help you with FinCEN compliance.