How Is Document Management Software For Advisors Different From Client Vaulting?
- Created: Thursday, 22 September 2011 11:51
To be sure, Document Management Software (DMS) is crucial technology to operating a financial advice business efficiently.
The way you file documents–the software interface the staff uses to file documents–is created by your DMS system. The information stored on your DMS must be logically structured, searchable, and scalable. Of course, security, redundancy, and your service agreement are important factors to evaluate. DMS solutions are complex systems that enable a paperless office.
But they are not designed for client access.
This is a post I wrote for my other company, Advisor Products, where my goal is to make you want to buy AdvisorVault.