ACS Launches eRX

ACS, Dallas, has announced what it says is the first secure Internet-based exchange connecting organizations and counties to facilitate the electronic recording of land records such as deeds and mortgages.Named eRX, the system allows participants to create, sign, notarize, edit, transmit, and record documents in a paperless environment, said ACS, a provider of business process and information technology outsourcing systems. The system also handles the fees associated with these business-to-government transactions. ACS said eRX is the first implementation of an open exchange that provides a single interface for lender and title company members to reach any county member nationwide. The system also features electronic signature technology provided by Silanis Technology. "Counties reduce the manual processing effort associated with paper processing, and what used to take days or even months now takes minutes or hours, eliminating risks for the title companies and significantly reducing the post-closing costs for lenders," said John Brophy, group president of ACS State and Local Solutions. The company can be found online at http://www.acs-inc.com.