Managing the many process components of fee-for-service financial planning as volume grows is increasingly challenging for Enterprise home offices. Firms must track and confirm a myriad of moving pieces, such as: Is there a completed agreement on file for the client, and is it the right agreement with the right signers? Were services delivered and where is evidence of that delivery? Was payment received and, if so, when?
With the latest enhancements to AdvicePay’s Enterprise platform, you can say goodbye to manual processes, multiple spreadsheets, and separate systems and hello to automating the entire lifecycle of fee-for-service financial planning -- all in one comprehensive system!
Now, all of the core functions available within the AdvicePay platform -- invoicing, document eSignatures, approvals, and deliverables -- can be bundled together in fully customizable and automated sequences that make providing and overseeing fee-for-service financial planning both fast and compliant.
By setting up just a couple of simple workflows, your firm can hand off all the manual tasks involved in obtaining signatures, billing, and/or oversight to us.
We'll automatically move the pieces of a client's engagement with your firm through each step you require -- from the moment a document and/or invoice is created by an advisor to the post-payment period when you need to collect and store deliverables while the client is receiving services.
This means a big boost in operational and billing efficiency, as well as a more consistent and reliable experience for firm advisors using AdvicePay.
Learn more from Mary Moore, Product Manager, below.
Are you ready to learn more about designing and deploying your own custom processes and workflows in AdvicePay?
If you are a current customer, we invite you to reach out to your dedicated relationship manager at enterprise@advicepay.com to explore how this new automation can help your firm!
A big fan of tutorials? We are, too!
Check out our HelpDesk to follow our step-by-step visual guide on setting up your own custom workflow.
Mary leads the ongoing product development of AdvicePay. Since she holds a degree in Financial Planning from the University of Illinois, grew up on a farm, claims to have an inner Pioneer Woman, and now is a passionate remodeler of her 1910’s craftsman house, Mary is pretty much the perfect person to make everything-AdvicePay better. When she’s not changing the world through billing and payment solutions, Mary can be found at her favorite PureBarre class or sipping drinks in a local spot, dreaming of her one-day vacation to Bora Bora.