"The automatic capture and movement of specified data is likely to be transformational for law firms, and other sectors too, for decades to come."
- Tom Bailey, managing director of DataColl8
A new software solution aims to "revolutionise" how businesses in the conveyancing sector handle data by automating the extraction, conversion, and movement of information to reduce the need for manual data entry.
The platform is set to save businesses time by minimising errors and boosting operational efficiency.
A collaboration between Kevin Tunnicliffe, Keith Ahmed and Tom Bailey; the joint venture is set to enhance data mapping and integration for businesses, starting with law firms and conveyancers and expanding into other sectors in the future.
Tunnicliffe is currently CEO of SortRefer, Keith Ahmed is group managing director at SortRefer, and Tom Bailey is managing director at Post Partner.
The first version of the software will automate the filing of an AP1 and stamp duty return with HMRC and HMLR, whilst also processing mortgage offers digitally to reduce errors, requisitions and manual data entry.
Tom Bailey, managing director of DataColl8, said: “Having worked closely with busy law firms for the last seven years through Post Partner, it became clear that the natural evolution of ‘information management’ is to help firms extract and move specific data items from documents directly to where they need to be, as efficiently as possible.
“This is precisely what DataColl8 does across a growing number of document types, thereby automating previously arduous and poorly performed tasks.
“Whilst the allocation and indexing of documents, which is Post Partner’s stock-in-trade, will remain important, the automatic capture and movement of specified data is likely to be transformational for law firms, and other sectors too, for decades to come.
“Kev, Keith and the wider team instantly recognised the power DatColl8 can deliver within Sort Legal (a Sort Group owned entity), and throughout the wider legal and financial sector.”
Kevin Tunnicliffe added: “I am delighted to be involved in the development and launch of DataColl8, which will heavily reduce the manual data entry tasks in the daily processes for law firms and conveyancers.
“Having Sort Legal as both the primary beneficiary and also the testing ground for DataColl8 is a huge advantage.
"We are looking to use DataColl8 to replace manual data entry in as many areas as possible. The tools we are developing with Tom are simply more efficient, more accurate and more reliable than a human doing those same tasks manually and will enable our people to be redeployed to more rewarding higher value tasks.”