Earlier this month, it was announced at Davos (the annual meeting of the World Economic Forum) that nearly two-thirds of chief economists predict the start of a global recession in 2023. The job market remains in question as businesses prepare for continued hiccups in the US economy. Will we start to see an unemployment rise in 2023?
In preparation for a recession, it is important to know where you can save money and become more efficient. Remote Online Notarization (RON) is one way to do just that. By partnering with a mobile notary, like BNN Services, you can utilize electronic notarizations during a possible layoff process. You can sign severance agreements, release of claims, and other legal documents without needing in-person interactions. This would minimize the potential for negative work culture during a difficult time.
RON can also help organizations with more than just layoff documents. Suppose your office has recently adjusted to a hybrid office structure or even fully remote. In that case, the organization can complete essential business documents, such as contracts and agreements, even when employees are no longer physically present.
Overall, RON is a valuable tool for companies. It allows for the completion of critical legal documents remotely, without the need for in-person interactions. This can minimize disruptions and ensure that important business is still being conducted, even during tumultuous moments.
A Better Way to Close with BNN Services
Since 2008, BNN Services has been trusted by title agencies, mortgage lenders, servicers, and consumers to perform loan and document signings in multiple languages across the country.
Unlike other signing services, BNN Services “touches” every file 8 to 9 times, ensuring the process moves forward free of delays. That is why we have completed over 250,000 signings in all 51 jurisdictions and maintained a closing ratio of 96 percent.
Ready to experience the BNN Services Difference? Get started today!