The Fintech Buyers Guide and Checklist includes important questions to ask software providers and a technology assessment checklist for easy vendor comparisons to help increase the likelihood of selecting the right fintech partner or system for a financial planning practice, the FPA said in a statement.
It also includes a case study focusing on the issues to consider when selecting a customer relationship management (CRM) system, of which the step-by-step process can be replicated when introducing any new software to a business or advice process.
FPA chief executive Dante De Gori said advice practices need to understand their unique service offering, business processes and the problems to be solved before they choose a technology solution.
“This year’s Fintech Buyers Guide and Checklist is designed to help financial planning practices select the best fintech partner for their specific service proposition and client base,” he said.
“Going through the checklist will help prevent wasting time and money on technology which won’t meet their needs, or those of their clients.”
Had a look at the guide. Some good tips for selecting technology in general. But, while the author is right to focus on CRM, he clearly does not understand the difference between an XPlan “CRM” and systems like Microsoft Dynamics, Zoho or Salesforce. There is no comparison between the efficiencies that can be generated from a real CRM and the legacy software systems that have underserved our industry for so long.