{"id":66521,"date":"2022-07-18T16:38:23","date_gmt":"2022-07-18T23:38:23","guid":{"rendered":"https:\/\/www.act.com\/delight-your-clients-with-security-and-simplicity\/"},"modified":"2023-08-25T11:46:15","modified_gmt":"2023-08-25T18:46:15","slug":"delight-your-clients-with-security-and-simplicity","status":"publish","type":"post","link":"https:\/\/products.act.com\/en-gb\/delight-your-clients-with-security-and-simplicity\/","title":{"rendered":"Delight your clients with security and simplicity"},"content":{"rendered":"

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In a recent poll conducted by\u00a0Moody\u2019s Analytics, the question was asked,\u00a0\u2018What is your biggest challenge in initiating the loan process?\u2019<\/em>, to which 66% of bankers surveyed answered the manual collection of financial documents and information and subsequent back and forth with the loan applicant.<\/p>\n

In the same survey,\u00a0Moody\u2019s Analytics\u00a0asked,\u00a0\u2018What percentage of your sales cycle do you spend waiting for an applicant\u2019s financial documents and information?\u2019,\u00a0<\/em>to which bankers answered 30% to 50%.\u00a0 This means that 40% of the sales cycle is waiting on a frustrated customer to provide financial documents.<\/p>\n

Keeping track of emails and documents for loan applications, credit approval, or other important transactions is a nightmare.\u00a0 Be it banking, insurance, financial advisory, efficient document collection is crucial to closing more business more efficiently.\u00a0 Now all financial professionals using Act! (CPAs, financial advisors, insurance agents, mortgage lenders, bankers, etc.) can gather all the supporting financial documents and e-signatures required for a financial transaction in record time.<\/p>\n

Act! eliminates the manual collection of financial documents<\/h2>\n

Today\u2019s financial professionals using Act! are automating the collection and management of client financial documents and information in record time.<\/p>\n