Mountain View, CA: January 30, 2025
Efficient document management is a necessity in today’s world. Forest Systems is helping family offices, accounting firms, and wealth managers meet that need with Forest Documents, an innovative feature designed to streamline how businesses store, manage, and utilize their critical documents.
Here’s everything you need to know about how Forest Documents works and the benefits it offers.
Forest Documents is a comprehensive document management solution integrated within the Forest Systems platform. This feature is tailored to meet the complex needs of businesses managing sensitive and essential information.
It makes it safe to store and simple to access documents such as:
With this functionality of our current platform, you can upload your documents (.xlsx, PDF, etc.) to our secure system. Forest Documents stores and organizes this information by entity, making it easy to search and find what you need when you need it.
Once your client’s key documents are on the platform, a client can utilize Forest’s AI models to view documents and release accounting data accordingly–instead of you having to read and search for the data yourself.
When it comes to managing sensitive information, security is non-negotiable. Forest Documents provides a secure environment for storing critical files, including Beneficial Ownership Information Reports (BIOR). The platform’s robust security measures ensure that your data is protected from unauthorized access.
Forest Documents automatically organizes your documents by entity, making it easy to locate what you need. This cuts down on the time spent searching through folders and files. Not only does the structure save time, it also reduces the risk of errors or misplaced files.
Forest Documents frees offices from being tied to a specific device or location to access your documents. Instead, an internet connection is the only thing needed to retrieve files. This level of accessibility ensures that your team can work efficiently from anywhere.
Forest Documents allows you to manage who can access your files with customizable user permissions. Whether you’re sharing documents with internal team members or external collaborators, you can maintain full control over your data’s visibility and usage.
One of the standout features of Forest Documents is its integration with Forest AI for reconciliation. You can store bank and credit card account statements directly within the platform, and Forest AI will automatically extract relevant information to reconcile your accounts.
This saves time and reduces the risk of manual errors, providing a streamlined approach to financial management.
Forest Systems is constantly innovating, and additional AI-powered features for Forest Documents are already in development.
These advancements promise to further enhance the platform’s capabilities, solidifying its role as an indispensable tool for businesses. While specific details are under wraps, users can look forward to even more automation, intelligent insights, and streamlined workflows in the near future.
Forest Documents is more than a document management tool—it’s a game-changer for optimizing workflows and enhancing operational efficiency.
Whether you’re managing compliance documents or reconciling financial statements, Forest Documents offers:
Ready to transform the way you manage documents with a secure, organized, and accessible solution tailored to your needs? Explore Forest Documents today and take the first step toward a more streamlined and secure future for your business.