Organizations report that almost 95% of operational time can be saved with document generation. For enterprises with large volumes of data like private customer information, credit history reports, internal KPIs, and invoice requests, the shift to paperless has been plagued with slow processes and non-compliance.
But Render solves this struggle by completing the work of an entire team automatically, 24 hours a day, without the risk of human error or malicious intent.
Unlike most document generation software, Render has a built-in storage platform that helps you automatically comply with financial security regulations.
Take advantage of AES 256 Encryption, customizable access rights, one-time-viewing, auto-deletion, audit logs, and other sophisticated security features to protect your organization’s private documents and avoid single data breach fines of up to $100,000.
Render’s API integrates seamlessly with processes, systems, and third party software that are already in place. With Render, it’s easy to introduce document generation and secure storage to streamline these operations.
You can both generate documents according to data from existing systems, and send generated documents back to your workflows for further processing.
“...electronic records must be preserved exclusively in a non-rewritable and non-erasable format.”
- SEC (U.S. Securities and Exchange Commission)
Avoid fines of up to $100,000 as an organization and up to $10,000 as an individual (*per violation as set out under the Gramm-Leach-Bliley Act) by ensuring total document security. Sensitive documents that aren’t automatically stored often "float" around databases and inboxes, risking exposure from human negligence or malicious intent.
FINRA, the SEC, and the FTC regularly uncover noncompliance in organizations who have insufficient processes in place. Even America’s biggest financial institutions have paid out billions of dollars due to data breach suits in recent years.
“Morgan Stanley to pay $60M Penalty Over Data Breach Suit”
“Massive Equifax data breach hits 143 million… up to $700m to settle…”
“Capital One to pay $80 million fine after data breach”
Teams that adopt automatic document generation immediately find themselves with a reduced workload, freeing up time to focus on activities that actually drive revenue.
Simply automating a process like the creation of invoices using real-time data can save hours of work every week. Other tasks like the production of standardized plans for customers have been reportedly reduced from a time of 1 hour to just 30 seconds per document.
“Inkit has enabled us to streamline our back office and collections, reducing program spend by up to 94%, while maintaining the flexibility to integrate with our existing apps and tools”
- Jordan Hill, Product Manager, Bird