If financial documents are critical in a business, it’s the lifeblood of a sole financial organization. Whether yours is a small or big financial firm, it’s certain that creating financial documents is one of those activities that kills your productive hours, especially when your data resides in Salesforce. 

So, it’s no longer a question of whether your company needs an automation tool to streamline the generation of your financial documents such as contracts, reports, and invoices in Salesforce.

You NEED one! 

In this article, we will discuss why an auto document generation tool for Salesforce is essential for financial services companies to automate their document generation processes. 

  • End-to-end Automation

Some of the major financial documents that you create on a daily basis are income statements, cash flow statements, debit and credit notes, purchase orders, late payment notices, and so on. All of the above require some data fetched from several Salesforce objects in order to fill the document. If going for a manual process, this can bring in a lot of inconveniences as it’s tedious and time-consuming, preventing execs from performing their core jobs. 

However, with an auto document generation tool for Salesforce, you can eliminate the associated human efforts, as the information will be automatically obtained from different objects and the final document will be ready in a breeze. 

  • Strong Compliance Adherence 

Every business, especially those in the financial sector has several rules and regulations. When following the guidelines, you can’t expose the data contained in a document to external platforms considering the security breach associated with it. Here’s where the benefit of document automation comes into the picture.

Having an auto document generation tool for Salesforce, you can automate your complete operations within the CRM, which won’t let the data move out of it or land in the wrong hands. This way, you can ensure that you’re checking off your finance firm’s compliance demands effectively.  

  • Boosted Productivity & Business Results 

As we saw above, the automatic creation of your financial documents will set all your teams free from the hour-long manual process of document making. Here, automation opens a big door to an ample amount of productive hours, which the employees can focus on what matters to them most such as selling the product or promoting the brand. Through this, you can enhance the productivity and efficiency of your teams, which in turn helps you drive greater business outcomes. 

  • Zero Error Documents 

To Err is human but not divine if occurs in any of your financial documents. The elimination of human involvement in creating documents within Salesforce is nothing but the best way to cut off the errors that could happen when manually copying and pasting data. If the financial documents are error-free, there is no way a customer will question the credibility of your company or no instance where you will lose the brand reputation. 

  • Improved Customer Satisfaction & Experience

In any business venture, prioritizing customer experience is paramount. In today’s world, where services are tailored to individual preferences, any inconvenience can lead to customer attrition. Document automation for Salesforce ensures your customers receive flawless, precise, and swiftly processed financial documents meeting their exact requirements. Given the universal preference for transparent and clear financial documentation, this translates to an outstanding customer experience, attracting and retaining a growing customer base.

Meet XfilesPro DocuPrime – Your Perfect Auto Document Generation Application Tool Salesforce

XfilesPro DocuPrime is a big name for document automation applications in Salesforce. The application automates your entire document generation process completely within the CRM platform — from data fetching to document building and eSign. That means, you no longer have to worry about a quick invoice requirement that comes out of the blue. It’s all possible with one click by accomplishing the exact demand. 

Discover how to create, send, and eSign documents within Salesforce

If you wish to learn how your financial firm can automate the document generation process within Salesforce using XfilesPro DocuPrime, connect with one of our product experts! They are happy to take this forward!

Document Management Xfilespro

XfilesPro is a complete document management application built for Salesforce that offers end-to-end document management solutions including doc gen, eSignature, document storage & collaboration.