There is no denying that conveyancers are highly trained and highly experienced property professionals. They need to work under pressure on high value transactions with complex and technical procedures – all on strict deadlines. For conveyancers time is often their most crucial and valuable commodity.
So why is it then, that conveyancers lose so much of this valuable time by interacting with complex Electronic Lodgement Network Operator (“ELNO”) user interfaces? We know that key issues include constantly watching and waiting for workspaces for sign off, administrative wastage by reintroduction of rote administrative tasks for the attention of skilled staff, as well as the requirement for ongoing training to navigate unusual and infrequent dealings.
There is no doubt that eConveyancing is here to stay. While it has made some significant improvements to settlement and lodgement processes, and ELNO’s have many fantastic features, unfortunately, user-friendliness is not one of them. This was highlighted in the recent survey undertaken by the SA Registrar General’s Office on eConveyancing.
Whilst transacting directly in these complex ELNO platforms may work for some conveyancers, for others the process can create more friction and stress, as they feel the need to keep watching those workspaces and keep waiting for someone else to respond to an invitation or populate a figure. Their valuable time is taken from them, and they cannot realistically concentrate on the other areas in their practice that are more rewarding such as client calls, advising on a contract or celebrating a sale or purchase.
For those who transact in high volumes or across a wider range of transactions, the issues arising from direct transacting in an ELNO are multiplied as there is an increased need to employ more staff and increase in resources to discharge eSettlement requirements. This of course does not translate to increased productivity and profits but rather reduces the already competitive margins.
Thankfully, there are other eConveyancing and eSettlement solutions available.
User-friendly eConveyancing Solutions
We founded LodgeX Legal to simplify the eConveyancing process because we appreciate the value of your time. You are busy, you have a lot to do and you don’t need to be spending that time watching a workspace or feeling stressed because a bank isn’t providing a payout figure.
We give you back your time to concentrate on the parts of your business that makes it special – you and your people.
Our process of delivering this solution is really easy. Here at LodgeX we developed our platform Lapp – with you – the property professional – first in mind. We are just like you: experienced property professionals, and like you we fully understand the need for efficiency, clarity and straightforward systems & processes for the fiddly & time consuming administrative part of the eSettlement and eLodgement process.
Our process and tech efficiency not only improves process for your business it also increases your value as a conveyancer as it frees up your time to take on a higher quantity and complexity of conveyancing matters with the effect of increasing your efficiency and profitability.
So, if you are looking to try a more intuitive and more efficient eConveyancing solution for your business then LodgeX is the solution for you. With no joining fees and no minimum transaction obligations, signing up is easy for you to try yourself. Our friendly team at LodgeX are here to help you through the process. Once you realize the time savings, we are certain you will not look back.
Contact LodgeX to get started.