Docupace Technologies Rolls Out Paperless System Throughout 1st Global

Los Angeles – February 16, 2012 – Broker/dealers and investment advisors are rapidly transitioning away from paper-based forms and processes to electronic, automated systems in an effort to reduce errors and increase efficiencies. Docupace Technologies, the industry leader in paperless processing systems, and 1st Global, the premier business development and resource partner to leading wealth management firms, announced today the deployment of a complete paperless office solution for the Dallas-based firm and their more than 500 affiliated tax-centric wealth management firms.

“In order to best support our financial advisors, our firm determined that we needed to centralize and automate the core processes that impact our field and home office staff every day,” said 1st Global President and Chief Operating Officer David Knoch. “We have equipped all of our CPA, tax, estate and financial planning firms with the tools to streamline business and improve back office efficiency. We chose Docupace because their document management and workflow solution offered everything we were looking for to seamlessly connect all our data, documents and systems.”

“Docupace Technologies, through their ePACS® workflow capabilities now supports the vast majority of 1st Global”s core infrastructure processes,” explained Docupace Executive Vice President Tom Embrogno. “It is pre-integrated with all the sub-systems necessary to move any piece of business through the firm.”

ePACS® is distributed so that field users and home-office users are virtually connected and experience the same functionality. The system kicks off the workflow early in the field so that business intelligence is applied during the capture process. “This drives NIGO rates down, reduces manual data entry and improves the quality of data being put into the system,” says Embrogno.

ePACS®, the next generation of the Docupace system, is the industry”s first Web-based electronic paperless application and check service. It transparently combines electronic data gathering, document imaging, e-signatures, forms processing, Check21 processing and workflow automation.

Discover the Benefits of a Paperless Office

More and more wealth management firms are migrating to digital operations. We’ve put together everything you need to know about the why and how of going paperless for broker-dealers and RIAs.

Learn More!

Want to Learn How Docupace Can Work for You?

Schedule a Demo