Wednesday, January 20, 2010

Document Safety


How many times do you search for an important document, only to discover that it has been misplaced / lost? When you lose an important document, have you ever put a price on it? Are you aware that these documents are also paper assets? Can you find your personal documents, insurance policies, bank account numbers and credit cards, Investment / Retirement Pension Portfolio, Tax records for 5 minutes or less, or if you at least know where you might have last seen them? It can then collect all paperwork can be overwhelming for you, but it's nothing compared to what you can get in a time of crisis, and you are caught offguard.


There are some traditional methods to keep your important documents safe:



• Most can be easily scanned on a CD and stored in a bank safe deposit box or fireproof box. 



• Has a complete list of people whom you do business: Insurance agent, financial or estate planner, lawyer, brokers, etc., so you know whom to contact in case you lose the relevant documents. 



• Another alternative is to make copies and keep the originals in a bank vault. 
Now you have another alternative to keep your documents safe in a reliable hand that is quickly accessible and also easy to carry. 



V Soft Solutions and Consultancy Pvt. Ltd. (Soft), a leading software company in Pune launched India's first Personal Finance Management Tool to the Pen Drive: VAULT, a built-in document center. Vault is your Personal Finance Management Tool, so you can maintain your personal financial information easily and safely. It combines the features of alternative accounting systems, spreadsheets and online portfolio. Software is safely used and distributed on a Pen Drive and all data is stored on the pen drive itself. 



Vault allows you to create, store and maintain your accounts - and thus ensures that you have better control and full knowledge of your assets and wealth. It has more power packed features that are guaranteed to make your records easy to access and update. VAULT helps you as a user to instil a discipline to keep your financial information up and then use these data to make some informed and data-driven decisions about your assets, investments, debt, etc. You may also be recommended to take regular backups of your data on a local drive or a location specified by you. You can also export reports from the Vault into MS-Excel, MS Word for further analysis. The document center, each family can save information on various documents, and also scan or upload previously scanned documents into its database. The retrieval is easy, and the user can also take prints. 


VAULT automatically connects to the internet (if your copy is registered) and receive the latest closing rates Char, investment trusts, gold and silver. It allows the user to plan their economies through various "what-if" scenarios. Some other power-packed features include a loan EMI working that saves time in going to the bank, preparing WILL, prepare household budgets and directly usable reports for audit and tax purposes.

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