Manually keying client information is one of the biggest pain points within our profession. It can also cause inefficiencies and inaccuracies throughout your entire financial planning process. Here are a few steps you can take to start eliminating the need to manually key client information and with it streamline your financial planning process.
Step 1: Digitally onboard your clients
If you collect client information using a hard copy paper fact find, you’ll need to manually key that information into CashCalc and all the other software providers you use. However, by using our dynamic Fact Find and collecting it digitally, information does not have to be manually keyed.
All our tools and features are fully integrated, which means any information your client provides using the dynamic Fact Find is automatically pulled into CashCalc. All you need to do is review the information provided and confirm it is all okay – no manual keying of information required.
Step 2: Pre-populate our Cashflow Modeller
Once the information provided by your client has been confirmed and is successfully within CashCalc, you can now start to push the information into any of our tools and features without the need to manually key any of it – this includes our Cashflow Modelling tool.
You’ll be able to pre-populate new cashflow plans or update existing cashflow plans with all the information needed. You can also create exact replicas of the cashflow plans you create by using the ‘clone’ feature, which will help streamline your financial planning process even further.
Step 3: Integrate with your back-office
In addition to pushing client information into any of our tools and features, you can also push it from CashCalc into all the other software providers you use throughout your entire financial planning process. This includes your back-office provider and will help significantly reduce the amount of client information you need to manually key.
Currently, we have established 2-way integrations with all major back-office providers. This means you’ll be able to securely push client information from CashCalc into your back-office, as well as securely pull client information from your back-office into CashCalc. You can do this on an ongoing basis, which means both accounts can be kept up to date.
If you wish to start eliminating the need to manually key client information throughout your entire financial planning process, we hope these few steps will help. However, it all starts with how you collect your client’s information.
We strongly recommend you collect client information digitally, which will enable you to simply push the information into any of our tools and features or any of the other software providers you use within your financial planning process.
If you’d like to find out more about how to start eliminating the need to manually key client information, or if you have any questions at all, please don’t hesitate to get in touch – we’d be happy to help.
