Economic Interests Form 700 solution
NetFile’s Agency Solution for the Statement of Economic Interests Form 700 is an internet-based electronic filing service that enables a local agency to establish their own electronic filing system for the Form 700. There are three basic advantages to NetFile’s solution:
1. Electronic filing
Electronic filing starts with the individual being issued a Filer ID and secure
password. They click a link on your website for the e-filing portion. The site is
hosted by us (but looks just like your site for a seamless transition). Our
servers insure efficient and fast filings. When the individual fills out their form
online they can either save the data they just input (and come back later to add
more data) or enter all the data at once and click submit. Once submitted, the
filing is sent to our validation server. If the filing passes validation, the filer will
receive an immediate confirmation along with the filing’s unique identifier. The
filer will be instructed to print and sign a paper copy for submission to the
Agency for their records. The paper copy you receive is beautiful (no more
messy handwritten reports)!
2. Filer management
The management tool helps the agency administer the myriad of tasks
revolving around working with a the Statement of Economic Interests form.
The system acts as your repository of filers. You create the individuals in the
database just once. You can now send out notification via e-mail or regular
mail. Electronic mailing lists can be sent to departments to confirm the status
of the filers you have on your list and you can update the list at any time.
When you receive the original paper copy of the electronic filing, all you do is
input the unique confirmation id that is located near the signature and input in
the system. This tells the system the paper version of the electronic filing was
received. At any time you can run a report showing which individuals have
been notified of the required filing, the status of the electronic file being
submitted, and whether you have received the paper copy of the file. You then
have the system generate letters to follow-up with the filers who have not filed
or who have not sent in their original copy.
3. Ease of use for Filers
The filer’s will love the online system. It allows them to complete the form all at
once or in parts. They can start the form, save it in the system, and then return
any number of times to finish the form. Once they have e-filed in the system
the first time, they can bring up their previous filing and just make the
appropriate changes and submit. Since the majority of filers have little (if any)
changes on their Form 700 this will make their filing submission process quick,
easy, and painless. No more having the tedious task of filling out the same
form year after year by hand. Also, don’t worry about the form changing year
after year. If a filer has no changes to their old form, the old data will be
imported to the appropriate field in the new form and the new form will appear
on their screen for their review prior to submission. This prevents the common
complaint of 700 filers when nothing has changed on their side but they have
to submit the information all over again.
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