Forms automation technology to be showcased at FPA conference

Affirm will be exhibiting again at the annual FPA conference this year (Stand number 63).

Revolve is our forms and document automation solution that delivers straight through processing benefits within the finance and wealth management industries.

Our software is quick to implement, provides measurable business benefits, is secure and highly customisable to suit each client's individual needs.

Come and see a demo of our software, discuss your individual needs for automation and go into our business card draw to win a pamper session at Endota Spa.

We hope to see you at the conference on 18-20 November, 2009 at the Melbourne Exhibition and Convention Centre.

Affirm Software launches quoting and originator management software

Today, in conjunction with this week’s prestigious IFSA Energise 2009 conference, Affirm Software Group unveils its innovative contract automation and management software for the finance industry.

Built as software as a service, Revolve Finance allows financiers to automate, share and manage accurate finance deals efficiently in one secure online location.

The system streamlines the entire finance origination process, reducing errors and dramatically cutting administration expenses. Businesses are document driven. With the stock market down more than 30% since last year, financiers and planners need to reduce costs and create efficiencies in the way they work.

Contract automation technology is critical in high contract volume environments. PWC published a research report into the real costs of paper and estimated that 90% of paper is merely shuffled, the average document is copied 19 times and 7.5% of documents are lost daily, while 2-4% of the remainder are misfiled.

Contract automation and management technology eliminates these sorts of paper costs whilst also saving time through streamlining repetitive tasks and processes, and creating data efficiencies, therefore increasing staff productivity.

SME Commercial Finance has been an early adopter of the system. Michael Pratt, Managing Director, believes “The financier of the future must be able to quickly deliver finance solutions to their clients. Revolve can deliver real efficiencies in the origination process.”

Jeff Bonnes, Affirm Software Group CEO states “our Revolve product is quick to implement and easy to use. It empowers users to create and manage complex, multi step contracts and document flows in one simple step.”

In a tight market, for Australian companies to weather the storm, they need to adopt such technologies and create greater sales opportunities, business efficiencies and drive down internal costs.

Affirm to exhibit at IFSA Energise 09

Affirm will be exhibiting at the annual IFSA conference this year.
Revolve forms and document automation software has been specifically built for the wealth management, finance and insurance markets who will be attending this event.

Please visit us on stand 17 at the event.

Revolve Auto-fill form vs Hand written form

We keep talking about how much time your will save using Revolve to complete your forms - but a video is worth 1000 words. This is a quick and fun example of how much time you can save with just a two page form – and we know most forms are longer than that. Of course, you and your staff would never be so frivolous to take a tea break – you would be hard at work!

What will you do with your spare time?

SME reduce document data entry by 67%

SME Commercial Finance was looking for an additional IT solution to improve efficiencies in providing finance to their clients. Their quoting process involved a lot of double handing, was time consuming and led to errors in the origination process.

SME wanted a system to eliminate errors in documentation, reduce time in processing transactions and allow multiple parties within the business to work on a single transaction at the same time.

Affirm Software’s Revolve™ was installed to automate and streamline the creation and management of SME’s finance deal documentation and paperwork. Within the origination process, SME typically produced up to ten sets of paperwork, starting with a quote through to a customer agreement. Affirm developed “smart” documents, forms and contracts to automate this process – effectively enabling users to only enter client information once which then auto populated across all documents. Revolve effectively reduced document data entry in their origination process by 67%.

Revolve enabled multiple parties authorised by SME to centrally produce and control new documents and client contracts through all stages of the negotiation, formulation and administration of a contract. This has reduced the time it has taken to process deals significantly.

The key benefits Revolve has delivered for SME include:

• Improved productivity and reduced errors by enabling content to be entered once and reused up to 10 times for any one deal
• Multiple parties work on a single transaction at the same time, reducing errors and saving time
• A reduction in the volume of paperwork, providing significant archiving and print savings

With Affirm, SME are developing the system further so that all introducers can access the system from their office or their client’s office and generate and accept quotes for SME products.

To download the case study go to: http://www.affirmsoftware.com.au/sme

Latest Software Release v3.03

Affirm is excited to announce our latest software release of Revolve v3.03.

Here's what's new:

- Rich UI - The system now allows you to view an overview of groups of documents within a contract – something that previously was harder to view in the navigation.
- Editing excel documents online - You can now edit and upload excel documents quickly.
- Lookups - The system now provides for postcard and ABN look ups from within the system.
- Quick save - The system now has a quick save button to enable you to easily return to a contract and re edit them, if you are working on multiple activities and need to do so.

Email us back any further ideas and suggestions for improvements.