Ontario, CA (PRWEB) February 08, 2012
Laser App Software, the leading provider of automated financial forms-filling and management software for the securities and insurance industries, today announced the launch of the latest version of its flagship product, Laser App Enterprise 10. Laser App Enterprise 10 provides enhanced functionality including: added data types, more granular smart-form functionality and enhanced e-signature capabilities to further streamline data entry, reduce not-in-good order (NIGO), and enable straight through processing of forms.
In addition to a fresher look and more robust scalability, Laser App Enterprise 10 supports e-signing innovation through significant feature and integration upgrades. Enhanced DocuSign and Signix integrations, a new integration with EchoSign and support for 4x3 signature pads make e-signing of forms even easier for advisors.
Laser App’s smart forms have also been upgraded to utilize Jscripting which means forms are now even smarter. Broker-dealers and product companies can specify how granular to make the field level logic, giving them greater control when managing their NIGO rate. Advisors and agents can effortlessly complete forms correctly. Laser App is also easier to use. Forms download faster, and software and forms update automatically.
Laser App Enterprise 10 also provides an enhanced ability to transmit data directly from open forms. This ability to send both form images and XML data allows broker-dealer back offices and fund companies to reap the benefits of accurate data and eliminates the error-prone rekeying process. This functionality is designed to integrate seamlessly with industry leading document management solutions and account opening providers.
Additionally, the new version provides improved support for Custom PDFs allowing users to tie their own proprietary forms into Laser App, map those fillable fields, and prepopulate them directly from CRM. This functionality benefits RIAs that are more likely to have custom PDFs, and it is valuable for custodian account opening forms. Laser App Enterprise 10 also includes a new data type called "companies" which allows for more comprehensive auto-population of transfer forms with fund company information.
Robert Powell, vice president of sales & marketing at Laser App, added, “The industry has been working to achieve straight through processing for nearly a decade, and the pieces all exist to enable it. Laser App Enterprise 10 and our software integrations are designed to serve as a foundation for straight through processing. We are working with an extensive user base of insurance carriers and fund companies, advisors and software partners to create smarter forms that are easier to sign electronically and keep dynamic through the life of the process. Furthermore, we strive to empower firms to better manage the cost of not-in-good order and their forms filling process.”
Jeffrey Green, director of compliance for financial solutions at Laserfiche said, “Our integration with Laser App Enterprise 10 helps advisors solve two unique problems. Laser App addresses the difficult issue of keeping forms up-to-date across a universe of paperwork and with CRM integrations it is able to populate forms to complete them in good order. The forms can then be submitted to a trusted enterprise content management solution, Laserfiche, where additional suitability checks and balances occur.”
Laser App Enterprise 10 launches alongside a scaled down version of the Enterprise product aimed specifically at carriers, Laser App Lite, as well as a web-enabled “smart client” solution, Laser App Connect.
The Laser App library currently houses over 26,000 forms, and this library continues to grow as insurance and securities companies alike realize the tremendous benefits available to streamline heavy paperwork processes while reducing not-in-good-order and promoting straight through processing.
About Laser App Software
Laser App Software creates products that combine state-of-the-art form-filling technology with our massive library of industry-related forms. Forms are maintained by us so insurance agents, registered reps and advisors can focus on their clients, rather than filling out paperwork. Founded in 1995 by advisor and insurance agent Ed Beggs, Laser App pioneered forms filling in the independent broker-dealer community and services over 100,000 users. In the same way Laser App allows reps to use their existing data to prefill forms, broker-dealers can also leverage the same data to prefill their back office and compliance systems. For more information on Laser App, visit http://www.laserapp.com
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