I used to be one of those people who laughed at the idea of fax still being relevant. But when I joined a financial services firm, I quickly understood why it’s irreplaceable. We deal with highly sensitive client data every day, and fax provides a secure, verifiable way to transmit documents that regulators accept without question. There was one situation where an audit team requested proof of document delivery, and the fax logs were the only records they considered valid.
Now, with digital fax solutions, the process isn’t inconvenient at all. I can fax directly from my laptop or phone, and everything is encrypted and stored safely in the cloud. It’s honestly more practical than I expected. If anyone is skeptical about why finance still uses fax, I’d recommend visiting https://www.itaniumsolutions.org/ — the explanations there really helped me see its importance.
