How We Compare

How SmartVault Compares to Drake Documents

Drake Documents is an afterthought in Drake’s tax software suite, falling short in providing the comprehensive and compliant document management tools modern accounting firms need.

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The Hidden Costs of Drake Documents

While Drake Documents may seem like a viable option, many firms discover hidden costs that impact their efficiency and growth.

Limited functionality for lots of $$$

Crucial features like eSignature are add-ons, and the system lacks major features accountants need.

Inflexible system

Limited integration options restrict your firm's ability to customize workflows and force you into disjointed systems.

Constrained growth

No unlimited cloud storage or client capacity, potentially forcing difficult decisions as your firm scales.

The Advantages of Using SmartVault

SmartVault addresses the limitations of Drake Documents and offers a comprehensive solution tailored for modern accounting firms.

Comprehensive client engagement tools

Custom fillable PDF forms and engagement letters, coupled with integrated eSignature and modern source doc requests, streamline client interactions.

Flexible and scalable

Ability to link multiple clients, unlimited cloud storage, and seamless integrations with multiple tax prep systems allow your firm to grow without constraints.

Enhanced collaboration

Real-time staff collaboration, custom request docs, and a custom-branded client portal improve efficiency and client satisfaction.

SmartVault: Not Just Another Document Management Solution

SmartVault is a comprehensive platform designed specifically for accounting professionals.

Unmatched Reliability

SmartVault maintains near 100% uptime even during the busiest tax seasons. This reliability is crucial for maintaining productivity and meeting client deadlines.

Intuitive User Interface

SmartVault offers an easy-to-use platform that requires minimal training. This allows firms to onboard new staff and clients quickly.

Comprehensive Support

SmartVault provides extensive training and support, ensuring you can maximize the platform’s potential.

Streamlined Workflow

SmartVault’s integrated features, from client intake to eSignature and document management, create a seamless workflow that saves time and reduces errors. SmartVault offers a complete end-to-end solution without the need for multiple modules.

Enhanced Security and Compliance

With SOC 2 Type 2 Compliance and support for IRS standards, FTC Safeguards, FINRA, SEC, and GLBA regulations, SmartVault ensures your sensitive client data is protected while supporting compliance with regulations.

Scalability and Flexibility

SmartVault offers unlimited cloud storage and client capacity, allowing your firm to grow without constraints.

Unmatched True Partnership

SmartVault is more than just a software provider – we’re a partner in your firm’s success. Our commitment to your growth and efficiency, coupled with our accounting industry focus, sets us apart from competitors like Drake Documents.

Accelerate Your Entire Tax Prep Workflow

From initial client engagement to storing final returns, SmartVault is designed from the ground up to support the entire tax prep document workflow.

Feature by Feature Comparison: SmartVault vs. Drake Documents

To help you make an informed decision, we’ve compiled a detailed comparison of SmartVault and Drake Documents. This table highlights the key features that differentiate these solutions:

		Drake Documents
Client Intake Form
Pricing Engine & Quoting
Engagement Letters w/ eSignature
Accept Payment
Bulk send engagement letters
Create engagement letter templates
Auto creation of clients upon signed engagement
Customizable client organizer/questionnaire
Auto-filing of client information
Secure document collection
Client Portal Included
Print and auto-file into DMS
Link multiple clients into 1 vault
OCR of Scanned Documents
Customizable Folder Structures
Integration with Multiple Tax Systems		Limited
PDF to Print Functionality
eSignature for 8878/8879 forms
Custom branded portal
Real-Time staff collaboration
Unlimited Cloud Storage
Unlimited Clients
Unlimited Guest Users
SOC 2 Type 2 Compliant
Mobile Access

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What Our Customers Say

We were doing about 700 tax returns. Now we're more than double that at about 1,800. We would have never been able to do that without improving our communication with our clients on a mass scale.

Nick Boscia Boscia & Boscia P.C.

SmartVault helps us provide personalized services to our clients, increase collaboration, and create stability and security in our workflows.

Diane Curtis Affiliated Financial Services

My clients upload documents directly into designated folders. This has saved me countless hours of admin work and given my clients an easy, secure way to submit their paperwork.

Amanda Leddington A.H. Financial Management Services

SmartVault has transformed the way we manage and share sensitive client data. Before SmartVault, we relied solely on email and physical mail, which was costly, inefficient, and less secure.

Prudence Petrykowski PK Petrykowski CPA