Xero help launch adviser software program
Synchron's recently launched advisor software program, SyncAdvsr will be integrated with Xero to provide users with a simple-to-use customer interface.
"A partnership with Xero will provide our advisers with complete confidence when dealing with referral and product partners. They will be able to clearly see how much revenue they have received from where and cross-reference that information with their bank statements. This will make it extremely easy for them to see what they have been paid and what is still outstanding," said Synchron director Don Trapnell.
SyncAdvsr automatically generates fee disclosure statements and opt-in notices, monitoring the return via a central dashboard while incorporating business analytic metrics which group commissions or fees.
SyncAdvsr was made available to all Synchron advice business two months ago as part of a Synchron suite of services. Trapnell is confident that the software will be popular with users looking to improve speed and service efficiency.
"This tool is allowing Synchron advisers to maintain and nurture their client relationships, while improving efficiency in their business," he said.
"Of our 400 advisers, over 50 per cent have already started using SyncAdvsr and it is absolutely changing the way they do business."
AUTHOR
Hope William-Smith
Recommended for you
David Sipina has been sentenced to three years under an intensive correction order for his role in the unlicensed Courtenay House financial services.
As AFSLs endeavour to meet their breach reporting obligations, a legal expert has emphasised why robust documentation will prove fruitful, particularly in the face of potential regulatory investigations.
Betashares has named the top Australian suburbs with the highest spare cash flow, shining a light on where financial advisers could eye out potential clients.
A relevant provider has received a written direction from the Financial Services and Credit Panel after a superannuation rollover resulted in tax bill of over $200,000 for a client.
