When it comes to your wealth management business, there are multiple items to concern yourself with and reporting is one of those. Reporting can be reporting to your valuable clients in the form of statements are presentations. On the other hand, you’ll be required to report certain items to the government. In between lies items such as 1099 reporting, special one-time reports, etc. This can all seem overwhelming, but with Reportwa we offer you all the tools necessary to streamline this process. How that’s done can be broken down by these three modules.
Design
First, Reportwa can assist with giving you the reporting tools to focus on design. This is certainly the case when it comes to client facing reports, as you’ll want these to be as custom and professional as possible. Some of the reports Reportwa can assist with include equity snapshots, sector performance and current asset allocation.
The design features at your disposal include DIY reports with data visualization, real-time preview and performance reporting and forecasting. With these options and many more at your disposal, you can create the best report possible for your valued clients.
Distribute
Next, once you’ve designed the perfect report it is time to distribute these as required. One of the features you’ll receive with Reporwa is a reporting portal that automates your workflow. Automation in this industry is critical due to the vast amounts of moving parts.
A few of the benefits included are a customizable dashboard. This will give you and your clients the ability to view what they need most. From there, you have the ability to create forms for data collection or account requests. Lastly, you have the ability to automatically schedule data that will input into a report and generate automatically. Distribution of reports in a timely manner will ensure you have satisfied clients and timely governmental reporting.
Document
Finally, once you’ve designed your reports and sent them on their way, it’s critical to have proper storage to retain certain documents. Reortwa offers you a high-security document management platform that enables you to properly store appropriate documents.
One of the benefits to using Reportwa’s document storage services include the integration with DocuSign, allowing you to digitally sign legal documents. Also, cloud integration allows your company and clients to quickly and securely transmit data.
With these three modules, Reportwa can assist in covering all the reporting tools used in wealth management. Design, distribution and documentation of reports through an automated process will free up time, which can then be allocated back to your valuable clients.
For more details, visit us at www.reportwa.com. If at any point in your ReportWa journey you need help, just mail us at hello@hexaviewtech.com and we’ll get back to you within a few hours or In case you want to connect with me personally, lets connect on LinkedIn.
