Missing or incorrect information on subscription documents costs extra time and money to correct before they can be processed.
Do you know how much you are spending to correct not-in-good-order errors?
The securities industry experiences a high rate of NIGO errors due to lengthy and complicated subscription documents. Documents submitted with errors are far more expensive to process than documents submitted correctly the first time.
Based upon your number of investors and processing costs, our calculator can provide an estimate of how much you are spending to correct and process NIGO documents. While this cost may seem unavoidable, there is a way to reduce these costs.
Subscription automation technology can allow for a drastic reduction in error rates. Our calculator will estimate the savings you could achieve by eliminating paper processes and moving your subscription process online.