Financial Disclosure: automating the collection of documentation for financial settlement

Embarking on the journey of separation or divorce is often a challenging and emotional time. Navigating this complex process can leave individuals feeling overwhelmed as they face numerous legal and administrative hurdles. Family law practitioners understand these challenges and provide the necessary support to their clients during this difficult period. One way legal professionals can alleviate some of the stress their clients experience is by simplifying the collection and submission of essential documentation.

To support legal professionals in this endeavour, InfoTrack has developed a solution called Financial Disclosure which can reduce this process from weeks to just minutes. This innovative tool enables clients to gather all relevant documentation required during the separation or divorce process in one secure location. Once uploaded, the information is automatically synchronised back into the matter within your Practice Management System (PMS). For non-integrated clients, the document pack is downloadable once from the InfoTrack website.

How does Financial Disclosure work?

A single link allows your clients to automatically gather necessary documentation, with the option to manually upload additional information if required. Clear and concise instructions make the process straightforward and easy to follow. Furthermore, important documentation is protected with a unique link and verification for every request, ensuring security and peace of mind.

InfoTrack has integrated with a range of trusted and fully vetted third parties to automate the document collection process, significantly reducing the time and effort required from clients. The Financial Disclosure platform automatically sources key documents, including:

Bank statements
Mortgage and credit card balances
Notices of Assessment, tax returns and superannuation balance
Vehicle and property valuation reports

Tangible benefits for you

Using Financial Disclosure offers numerous advantages for family law practitioners:

All relevant documentation is collated into one place, providing a single point of reference for all information.
Instead of waiting for weeks, your client can share the required information in just minutes.
Documents are automatically synced back into the matter, reducing manual data entry and streamlining document organisation.
Assurance that personal data is securely shared and held, ensuring compliance with privacy regulations and client confidentiality.

Interested in a personalised demonstration?

Experience the benefits of InfoTrack’s Financial Disclosure tool first-hand by booking a demonstration to see how this innovative solution can make a difference in your family law practice.