ProTrustee offers a cloud-native platform designed for modern trust administration and accounting. The solution features configurable workflows, multi-custodial accounting automation, and built-in compliance tracking for audit readiness. This unified system streamlines fiduciary operations and enhances team collaboration for trust organizations.
Funding
$50K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Trust administrators face challenges in managing complex compliance requirements, audits, and workflows across multiple trusts, often relying on manual processes and disparate systems. This can lead to inefficiencies, increased operational costs, and potential compliance risks.
Solution
ProTrustee is a cloud-native digital trust management platform designed to streamline and automate trust administration processes. The platform offers customizable workflows, approval chains, and comprehensive data auditing tools to enhance operational efficiency and ensure compliance. By digitizing trust management, ProTrustee eliminates paper-based processes, facilitates secure collaboration, and provides a centralized repository for all trust-related documents and data. The platform integrates financial data from custodians, offers a built-in CRM, and provides action lists and reminders to help trust administrators stay organized and on track.
Target Audience
ProTrustee is designed for professional trustees, trust companies, and other organizations involved in trust administration.
Features
- Customizable data fields, labels, and views for tailored data management
- Secure document repository for centralized storage and easy retrieval of trust documents
- Configurable workflows to automate and standardize trust administration processes
- Automated synchronization of financial data from custodians for a complete financial picture
- Action lists to track and manage open tasks and deadlines
- Audited data history to maintain a record of all data changes with timestamps and details
- Reminders for upcoming deadlines and important events
- Approval chains to ensure proper sign-off on critical decisions
- Embedded CRM to maintain accurate client information