Virtual File Folder automates the process of collecting and managing all required documents throughout the life cycle of the transaction. It can provide automated reminders to workers, clients, suppliers or constituents of missing documents with constructs to make it easy for the participants to provide the missing documents. Virtual File Folder includes a powerful capability to ensure Minimum Documentation (MinDoc), as established by regulations or internal procedures, is achieved for each transaction or case before it is processed and provides an audit trail as proof.
Virtual File Folder reduces the time and cost to develop and deploy solutions with complex document file sets while delivering a solution that slashes operating costs, enhances customer or constituent experience and ensures MinDoc regulatory requirements are met.
