Docupace’s PreciseFP also deploys strategic integrations with AdvisorEngine, Pulse360 and FP Alpha to expand PreciseFP’s footprint
LOS ANGELES, December 6, 2022 /PRNewswire/ — PreciseFP, Docupace’s award-winning customer engagement and data collection platform, today announced the launch of its new enterprise engagement model, which is designed to consolidate multiple customer engagement workflows data to improve the service experience for businesses and financial advisors and their clients, while maximizing the value of existing technology spend.
Acquisition of Docupace Precise FP in October 2021recognizing that a consolidated data collection solution comprising the capabilities of both companies would have unlimited potential that has, until now, been relatively untapped for large wealth management firms.
Its new business engagement model addresses the multiple – and often redundant – data collection activities that various staff members of a wealth management firm engage in, covering everything from prospecting for clients to opening new accounts, including routine administrative tasks.
PreciseFP eliminates manual data entry, digitizes the entire client engagement process by auto-filling custody forms, and sharing data with CRMs, financial planning software, and other tools advisors already use.
The new PreciseFP Enterprise model includes several categories of users, including financial advisors, power users (who undertake activities on behalf of designated financial advisors), central office staff and compliance staff. The solution optimizes each seat license by category, ensuring the business maximizes the value of technology spend.
By removing the tedious work of collecting financial data, the mobile-friendly platform gives financial advisors more time to meet with clients, create financial plans and grow their business. The platform was a 2022 finalist and 2021 WealthManagement.com Industry Award for Client Onboarding/New Account Opening.
“Docupace’s history working with some of the nation’s largest wealth management providers provides a deep understanding of what companies expect from third-party technologies,” says Michael Vosslerrevenue director at Docupace. “We used this intimate knowledge to create a packaged offering that directly addressed those needs with the flexibility to align the solution to the nuances of each company’s structure.”
The new PreciseFP Enterprise model has seen significant momentum in the first six months since its launch. In total, over 250 users have been licensed across 16 enterprises, connecting PreciseFP’s award-winning customer data collection solution to over 30,000 advisory (enterprise) customers and $33.1 billion in customer assets. Early adopters include GenTrust, RFG Consulting, Westcott Financial Advisory Group and Carlson Capital Management.
“PreciseFP’s ability to integrate with leading CRM and financial planning platforms has streamlined and modernized customer engagement across all facets of our business,” says Matt GarassicPCP®financial planning manager for GenTrust. “Engaging customers with personalized, user-friendly, and secure forms reduces customer onboarding time by feeding data to our CRM and then to our custodian forms without the need to manually enter data.”
“Additionally, PreciseFP simplified our financial planning process and eliminated hours of data entry per client by allowing me to export and populate data directly into eMoney,” Garasic said.
Expand PreciseFP integration partners
To support the capabilities of the PreciseFP platform, the company also announced three new integration partners with AdvisorEngine, Pulse360 and FP Alpha, with each new strategic relationship significantly expanding PreciseFP’s footprint.
“Our goal at PreciseFP is to enable advisors to focus their valuable time on the activities that are most important to their consulting firm and the clients they serve,” says Don WhalenPCP®President of PreciseFP. “Manual data entry does not add value to the advisor-client relationship or the bottom line of wealth management companies.”
“Integration with other industry leaders like AdvisorEngine, Pulse360 and FP Alpha helps take more advisors away from the industry of manual data entry, allowing them to focus on delivering well-executed financial plans to their clients and the development of their practices,” says Whalen.
AdvisorEngine
The new integration with AdvisorEngine®CRM and portfolio management technology trusted by more than 1,200 wealth management firms managing $600 billion in client assets, allows users of both platforms to send and receive information across multiple accounts. This two-way connection allows you to export and import customer/prospect information with a single click. This includes data such as contacts, employment, family information and more.
Pulse360
Pulse360 automates and streamlines your meeting lifecycle, from agendas to meeting summaries. The new PreciseFP integration allows users to send highly personalized emails to customers/prospects via PreciseFP engagement links. Visit the The Pulse360 website for instructions on setting up the integration.
PF Alpha
PF Alpha is an advanced AI-powered planning solution for financial advisors. The new integration with PreciseFP, which is the company’s largest integration to date, automates estate, tax and insurance planning processes by allowing FP Alpha users to automatically populate critical client details, assets, liabilities and insurance policy information via import from PreciseFP. This allows advisors to build on and complement their traditional retirement planning efforts.
“The integration with PreciseFP allows advisors to begin summarizing and reviewing a client’s estate, tax, and insurance plan information with the click of a button,” says Andrew AltfestCFP, Founder and CEO of FP Alpha.
“This frees up valuable time to work on prospecting and deepen the relationship with their customers, bringing value instantly,” continues Altfest.
Strategic integrations with AdvisorEngine, Pulse360 and FP Alpha expand the platform’s community to 31 integration partners, including popular technologies such as MoneyGuidePro, eMoney, Redtail and others. Click here for more information on PreciseFP integration partners.
About
Docupace and
Precise FP
The PrecisionFP value was acquired by Docupace in September 2021, advancing the company’s mission to provide an end-to-end legacy technology ecosystem for advisors to engage clients and prospects. Docupace is a solution provider focused on digitizing and automating operations in the financial advisory and investment industry. Financial services firms use the Docupace platform (an integrated cloud-based software suite) to reduce back-office expenses, improve efficiency, boost recruitment, and improve the experience for advisors and investors.
Docupace is proud to serve some of the largest independent broker-dealers and Registered Investment Advisers (RIAs) in the financial services industry. The company was recently named a finalist in two categories for WealthManagement.com 2022 “Wealthie” Awards and PreciseFP was the 2021 winner in the Client Onboarding Solutions category. The company was named 2021 Inc. 5000 list of America’s fastest growing companies; listed in the FinTech Top 100 by Cramer + Associates, named to the Los Angeles Business Journal’s 2021 “Disruptors” list, won the Golden Globe 2021® Award for “Hot Technology of the Year” and was named to Industry Wired’s 10 Most Recommended FinTech Solution Providers list of 2020. For more information, visit www.docupace.com.
Docupace media contact:
Ryan-Georges
Marketing Director
[email protected]
SOURCEDocupace Technologies, Inc.
