Do You Really Need a Document Management System Apart from Your Tax Software?

Most tax software platforms have their own document sharing system. Unfortunately, their document sharing features are usually more of an afterthought than a secure, robust system. Therefore, it is worth considering whether or not you should invest in a separate document management system apart from your tax software? If you have a complete accounting software platform such as TaxDome, you are able to provide secure document sharing without the burden of using a separate document management system. Here’s a further look at the pros and the cons of internal document software. 

Pros and cons of internal document software 

When it comes to considering an internal document software solution for your accounting firm, you should consider both the pros and the cons of adding this system. Here’s a look at what you’ll like about an internal document software system and what you may find lacking: 

What is the alternative? 

If you don’t want to deal with the potential frustration of dealing with a document management system, there is a simple alternative: TaxDome.

TaxDome simplifies the document signature process with a one-click solution. You simply upload any document to the TaxDome platform, and the client can approve it from there. There is no need to play email tag. From there, your documents exist on a secure document sharing app that is consistently updated and gives you more flexibility.

Also, the TaxDome platform is designed to be extremely user-friendly for both the accounting firm and the client. 

Here are some other top features that you can find on TaxDome’s document sharing app:

1) The ability to share documents with third parties

If you need to share a document with a third party, such as a mortgage banker or a lawyer, TaxDome allows you to easily add an additional address with an expiration date.

2)  Request electronic feedback

TaxDome’s document sharing system also makes it easy for clients to provide feedback on specific documents. For example, a client can confirm whether certain information is correct on a document, and, if they reject the document, they must provide specific reasons. 

3) Easily collect e-signatures, including pay-as-you-go KBA

With one click from a drop-down menu, you can request an e-signature from a client. The system allows for a number of signature fields, including initials, date, SSN, mother’s maiden name, and other data. Additionally, you can request KBA with one click. At TaxDome, there is no monthly fee for KBA authorization. The fee is just $1 per signer. 

The ultimate document sharing solution for accounting firms

TaxDome provides a simple, secure solution for those seeking an alternative to conventional document sharing systems. .