How Financial Advisors Automate and Streamline their Back Office
As a Financial Advisor, it’s important to have the right tools to help you manage your clients and their financial portfolios. The Microsoft Power Platform can be a valuable addition to your toolkit, as it provides a range of powerful capabilities to help you streamline your workflows and make informed decisions. What is Microsoft Power Platform? Click here the learn more.
How can a financial advisor use Microsoft Power Platform?
Automated Alerts: Microsoft Power Platform can automatically send alerts to financial advisors when a client uploads a document, eliminating the need for manual checks and follow-ups.
Auto-scheduling: Microsoft Power Platform can automatically create tasks based on dates, such as sending reminders to clients to book a time for their quarterly report meeting. If a client doesn’t book within 30 days, additional reminders can be sent. This ensures that financial advisors never miss a meeting and can plan accordingly.
Document Collection: We understand that document collection is a big task for financial advisors. Microsoft Power Platform can route documents to the right location, streamlining the process via workflows. This ensures that documents are easily accessible and organized.
Portfolio Management: Microsoft Power Platform can take data from the CRM and automatically enter it into the portfolio management system, eliminating the need for manual data entry. This allows financial advisors to have a complete view of their client’s portfolios, making it easier to make informed decisions.
Power Platform has the capabilities to help you succeed
Overall, the Microsoft Power Platform can be a powerful tool for financial advisors looking to streamline their workflows and make more informed decisions. Whether you’re looking to automate repetitive tasks, gain insights into market trends, or connect to a wide range of data sources, the Power Platform has the capabilities to help you succeed. It is a must-have for any financial advisor looking to stay competitive and provide the best possible service to their clients.