Advice technology that adds the edge

By Barrie van Zyl, Head of Account Management at Iress

If you have been thinking of how you can better use your time to grow your advice practice, keep reading. Independent Financial Advisers are looking for solutions to build a scalable practice and provide excellent service while profitably managing clients’ diverse portfolios. With the right cutting-edge technology, like Xplan, save up to 10 hours per month by reducing admin to make your practice 50% more efficient. Here’s what to look for in practice management technology:

Start with Automation

We all want to work faster and smarter to make every client shine. Automating means you can focus 100% on client relationship building by conducting pre-sale compliance checks, post-sale case checking, pipeline processes, and streamline revenue management. Data shows that businesses that automate time-consuming processes are experiencing better customer satisfaction and engagement rates which can lead to increased portfolio investment over time. Xplan users are activating value-added client services and even increasing service personalisation by automating birthday messages.

Enhance your Collaboration

We regularly join forces with small advisory practices and corporations to gain insights into which features are needed. Together, we co-design functionality to solve challenges and develop industry-wide solutions like Cashflow Visualiser. This tool makes complex modelling simple for customers to understand using graphics, combined with a video to unpack the advice. Collaboration also comes in the form of community, with over 13,000 advisers regularly exchanging ideas to better clients’ user experiences. Top advisers utilise digital portals like Xplan Client Portal, video conferencing, and decentralised services to run nationwide practices with employees sitting across the globe.

Power your Integration

Great financial advice software allows for the integration and flexibility to add applications and modules that best service your business and provide accurate, secure and reliable data. The Xplan dashboard gives you a single view of your business and clients’ multifaceted portfolios while offering both standard and custom integrations between our advice software to third-party applications.

In the challenging world of financial advice, Iress has you covered. Xplan is a complete and comprehensive award-winning financial planning and wealth management software for practices of any size. Contact us today and see how we can support you with your 2023 business goals. Visit iress.com/xplan