Posts Tagged ‘Through’

docSTAR

Friday, October 19th, 2012


Schenectady, NY (PRWEB) October 18, 2012

docSTAR, a leading developer of innovative cloud and on-premise document management and content productivity software and Artsyl Technologies, a leading provider of data capture and document processing automation technologies, have formed a strategic alliance. Under the new partnership, Artsyl Technologies advanced capture solutions are now available to docSTAR customers through docSTARs global network of more than 150 Value Added Resellers (VARs) across North America and international markets.

Advanced capture encompasses a full range of intelligent document recognition and data capture software which reduces manual data-entry, improves data accuracy and helps drive automation into various business processes throughout the enterprise. Advanced Capture, integrated with docSTARs leading content management solutions, helps streamline the flow of business critical information throughout an organization in a more accurate, timely and cost effective manner.

Improving business productivity has been our mission for 18 years, said Tom Franceski, President of docSTAR, By improving our ability to automate the entire document capture process, we can help customers mobilize documents and data for electronic access, information sharing and faster decision making. Improved accuracy, increased productivity, cost reduction and reduced cycle times are seen as the strongest benefits.

docSTAR customers can now realize the benefits of increased capture automation either by capturing documents and information to a workflow process or directly to a document repository. Intelligent document recognition and data capture software reduces manual data-entry by automatically collecting and identifying data from large volumes of structured and semi-structured documents. In doing so, businesses will improve data accuracy, drive automation into various business processes and positively impact operational excellence.

Like docSTARs powerful document management solutions, Artsyl Technologies capture solutions are easy to install, configure and support. The combination of ease-of-use, speed and versatility result in an attractive solution for larger organizations and a more affordable solution to smaller ones seeking to introduce a higher level of automation into their business processes. The addition of advanced capture and intelligent document recognition to docSTARs robust content management offerings gives resellers a true solution differentiator.

According to a research paper published by the Association of Image and Information Management (AIIM) (http://www.aiim.org) titled Capture and Business Process: drivers and experiences of content-driven processes, 39% of responding organizations reach positive payback on their investments in scanning, capture and Business Process Management within 12 months, rising to 60% within 18 months. Automatic document classification shows a particularly high return for the 19% of respondents utilizing it. The strongest driver for scanning and capture is improved search-ability and knowledge sharing across the business, followed by productivity improvements, reduced office costs and better customer service.

About docSTAR

Founded in 1994, docSTAR

Retirement Investors Turning to Master Limited Partnership Investments Through a Self-Directed IRA to Bolster Their Retirement Savings, IRA Financial Group Reports

Sunday, September 23rd, 2012


Miami, FL (PRWEB) September 21, 2012

IRA Financial Group, the leading facilitator of self-directed IRA LLC solutions has seen a strong growth in demand for retirement account holders looking to bolster their retirement savings by diversifying their retirement portfolio and making investments into oil and gas master limited partnerships (MLPs).

Over the last 6 months, we have seen a significant a number of new clients looking to use retirement funds to make investments into oil and gas master limited partnerships in order to improve their retirement prospective even though there may be a potential tax on the income, stated Maria Ritsi, a paralegal with the IRA Financial Group. Using a self-directed IRA to invest in a MLP is allowed by the IRS, however, using an IRA to make the investment could trigger a tax since the income could be considered unrelated business taxable income (UBTI). “In other words, if the income is considered active business income and is not considered passive, such as a royalty, a tax of approximately 35% can be imposed on the income generated by the MLP,” stated Ms. Ritsi.

Since the stock market crash of 1998, many Americans have been disheartened with the conventional buy-and-hold approach to retirement investing and the dismal returns it has provided. Accordingly retirement investors, especially baby boomers are eager to improve their retirement prospects. What we have noticed is that a large portion of investors are seeking to use a self-directed IRA to take advantage of the attractive returns that master limited partnerships, especially in the oil and gas industry have been providing, stated Ms. Ritsi.

Our average client has approximately $ 125,000 in their retirement account, which is inline with the average American, stated Jacky Ospina of the IRA Financial Group. Americans collectively are $ 6.6 trillion short of the amount needed to retire comfortably, according to a 2010 analysis by the Center for Retirement Research at Boston College. American retirement investors are enthusiastic to increase the value of their retirement accounts and are looking to a self directed IRA as an answer, stated Ms. Ospina.

The IRS has always permitted an IRA to make limited partnership investments. As the manager of your Self Directed IRA LLC, the IRA holder will have control over his or her IRA funds so that you will have direct control and the ability to make non-traditional investments, such as master limited partnership investments stated Ms. Ospina. Even though the tax advantages offered by the MLP are not as attractive for a retirement account, a high number of self directed IRA investors are seeking to invest in MLPs to generate higher returns for their retirement funds, stated Ms. Ritsi.

A Self-Directed IRA, also called a Self-Directed IRA LLC with checkbook control, is an IRS approved structure that allows one to use their retirement funds to make real estate and other investments tax-free and without custodian consent. IRA Financial Groups Self-Directed IRA involves the establishment of a limited liability company (LLC) that is owned by the IRA (care of the IRA custodian) and managed by the IRA holder or any third-party. As manager of the IRA LLC, the IRA holder will have control over the IRA assets to make investments, like MLPs and not just investments forced upon you by Wall Street.

With a self-directed IRA with checkbook control established through IRA Financial Group, an investor is able to use retirement funds to make MLP investments penalty free. Some investors have also used Roth IRA funds to make MLP investments so that any future distribution of investment gains will be tax-free.

The IRA Financial Group was founded by a group of top law firm tax and ERISA lawyers who have worked at some of the largest law firms in the United States, such as White & Case LLP, Dewey & LeBoeuf LLP, and Thelen LLP.

IRA Financial Group is the market’s leading checkbook control Self Directed IRA Facilitator. IRA Financial Group has helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including real estate without custodian consent.

To learn more about the IRA Financial Group please visit our website at http://www.irafinancialgroup.com or call 800-472-0646.







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