How Estate Planning Software Impacts Your Business
Researching whether to utilise estate planning software? Here’s the top six, biggest impacts it will have on your business.
It Will Help Grow Your Business
Estate planning software will help you manage a larger volume of clients and cases, as it can automate many of the routine tasks involved in creating and managing estate plans. It frees your team from routine administration so they can focus on more high-level work, or key business priorities.
“Arken Professional has significantly improved the speed in which I’m able to produce Wills and associated documents, but without compromising on quality. Saving time re-keying data and ensuring consistency across documents has allowed me to focus on other important areas such as client retention and new business.”
Partner, Crossley Group
It Saves You A Lot of Time and Money
Estate planning software removes time consuming tasks, such as data entry, formatting word documents, copy and pasting precedents and precedent research. It reduces the operational cost for each Will as they take less time to produce. It also enables you to provide a more efficient and effective estate planning process for your clients, which leads to higher levels of client satisfaction and loyalty.
“Coles Miller’s Private Client department have used Arken’s Intelligent Documentation Creation suite since its inception and have found it a comprehensive drafting tool enabling us to create plain English documents in an efficient and cost effective manner. The Arken product is easy to pick up and has resulted in considerable time savings in creating Wills and Lasting Powers of Attorney. I would thoroughly recommend”
Head of Private Cllient, Coles Miller
Number 3: It Helps You Mitigate Your Risk
Estate planning software has mandatory fields, digital checks, automated plain English commentary, mental capacity checks, audit histories and more to help protect your drafters and support them in making robust legal documents.
“We did a careful review of available solutions and chose Arken, as it has a very user-friendly and intuitive user experience, helped us with an improvement in our working practices, introduced time efficiencies and facilitated our ability to standardise our processes and mitigate our risks. The support team at Arken are excellent – very responsive and invested time to understand our needs. We had extensive support before and after going live. Arken is very easy to use, the templates are consistent, and we have reliable support.”
Head of Private Client & Partner, Ellisons
It Drives Consistency
Estate planning software helps drafters produce consistent Wills that use uniform clauses, clear and company approved commentary, the right branding, and an agreed process. This helps your team carry out more efficient peer reviews too. You also get peace of mind in knowing that all clauses and precedents are monitored by a Legal Advisory Board.
“Following a well-planned and successful implementation, we are delighted to see how the Arken software has enabled us to streamline our approach to Will drafting. We are now producing consistent Wills which use uniform clauses across all of our lawyers. The commentary document which complements the drafted Will is extremely helpful to our customers.”
Head of Legal Operations, Brethertons LLP
It Helps With Onboarding Staff
Estate planning software provides a clear process to follow, the consistent wording, branding and the supportive training available makes it easier, and faster, to onboard new members of staff.
“Arken is really easy to use and there is a wealth of training and material to help new users. Our Trainee solicitors find the software easy to use and drafting Wills has become a much smoother and more streamlined process. The commentary explaining the Wills really helps our client’s to understand the documents presented to them. In addition, the ability to tailor the clauses and commentaries for the circumstances we often come across makes drafting Wills quicker and more accurate. We have seen the biggest difference in drafting Lasting Powers of Attorney, particularly when drafting multiple documents for clients and/or married couples.”
Solicitor, Taylor & Emmet LLP
It Helps Digitise Your Business
Technology is notorious for driving efficiencies into businesses. It also standardises processes, centralises client information and helps you reach new clients online – with tools such as Online Wills and Arken Intestacy.
“Using Arken’s wider product suite has helped us to reach more potential clients and capture client data, digitally and effectively. The ability to produce documents with consistent wording and a consistent look and feel has helped us deliver a more professional and efficient service to our clients.”
Head of Wills and Estates, Thursfields