iQforms technology allow users to enter and access the various information needed to complete all aspects of a transaction into a form using their web browser.  The completed information can be used to produce the required documents or forms which facilitate the related transactions. iQforms uses flexible and tailorable business rules to convert information into transfer and conversion formats, follow instructions as to where to submit documents, forward documents in official format for electronic filing and other similar activities. 

Robust database functionality supporting the transaction information exchange supports a variety of additional value-added analytical products such as periodic management reports, sales breakdown and other analyses. 

iQforms-enabled web applications integrate and coordinate management of the information, forms, documents and tasks necessary to complete a supported legal transaction. iQforms serve as a medium of exchange for data among transaction participants, coexisting with and providing support to current programs and methodologies.  iQform transaction information is delivered through secure web processes, through e-mail, or other means as determined by the organization through its business rules. 

Based on proven database technology, iQforms web-based facilities deliver easy, efficient, fast, and low cost method for transaction information flow and documentation.  More specifically, use of the web-based transaction management system to manage the process brings direct and measurable savings to participants, savings which greatly exceed transaction fees. 

Web-based iQforms provide benefits which are both measurable and intangible.  These include: 
 

The application set which makes up iQforms can be delivered through any system with reliable Internet access. The 'run everywhere' capability enabled by web delivery provides exponentially more flexible and powerful delivery tools and integration capability, increasing as Internet access becomes more universal, fast and reliable. 

With respect to comparable forms-based technology, existing web-based form-and document intensive applications fall into the following categories: 

1st Generation - Downloadable plain (non-fillable) pdf's. 

2nd Generation - Downloadable 'fill in the blanks' word processing documents. 

3rd Generation - Plain fill in, based on entries in web browser. 

4th Generation - Fill in, can process information, e.g., add figures, calculate tax, revise dates to fit forms, count, etc 

5th Generation - All of the items in 4th generation, plus 'memory' of information throughout a transaction, throughout dealings with a customer or transaction work partner.  This supports both efficiency in completing documentation and maintaining transaction information. 5th generation applications are structured so as to take advantage of XML and other  similar standards relating to data interchange. 

The 4th and 5th generation forms deliver much greater value to business users than previous generations, providing radically greater efficiencies when smart forms become a part of daily workflow. 

iQforms is a 5th generation solution which provides a practical means of gaining the efficiencies and cost savings of web-based automation, while continuing to leverage the use of proven internal management technologies and systems.