BillFin releases Payouts (formerly known as AdvisorPay), a new module for splitting advisor payout fees.
AdvisorPay is the brand-spanking new module in BillFin that allows your billing experts to define your payees and set up specific rules based on the firm's set standards and the advisor’s negotiated rate. So to keep your team happy, BillFin has created a slick CSV file report that spits out the firm’s and advisor’s cuts based on the defined firm-level, client-level, or account-level rules.
Enhanced Features Attract New Users
Since its introduction in 2015, Redi2 Technologies' BillFinTM solution has been adopted by more than 265 financial advisors to help them streamline their client billing process, with usage rapidly increasing 150 percent since October 2016. “In the current environment, with the increasing cost of regulatory compliance and downward pressure on fees, advisors are looking for ways to operate more efficiently while still providing the best possible service to clients,” said Redi2 President and COO Fermin Garcia.
Expanded Integrations, Enhanced Features Attract New Users
Since its introduction in 2015, Redi2 Technologies' BillFin solution has been adopted by more than 100 financial advisors to help them streamline their client billing process. “Advisors are continually seeking ways to scale operationally while maintaining the highest possible fiduciary standards and personalized care,” said Redi2 President and COO Fermin Garcia.
At Redi2, we are passionate about making billing better for financial services firms. As we do so, our clients become more successful at servicing their clients. This outcome has earned Redi2 the confidence of many of the world’s leading financial institutions.