Why Trust and Estate Software Outperforms Spreadsheets
For years, many fiduciary teams relied on spreadsheets to track deadlines, asset inventories, and administrative tasks. While spreadsheets offer flexibility, they lack the structure required for complex estate and trust management. Trust and estate software provides a workflow-driven framework that replaces fragmented tracking with centralized oversight. Unlike static files, trust and estate software embeds predefined processes, automated reminders, and compliance safeguards directly into daily operations. This shift from manual spreadsheets to trust and estate software reduces the risk of version control issues, overlooked deadlines, and inconsistent documentation. In highly regulated environments, relying solely on spreadsheets can expose firms to unnecessary operational and compliance risks. The Operational Advantages of...
