d1g1t Launches Innovative Billing System for Wealth Management
Overview of d1g1t's New Billing Solution
d1g1t, a prominent player in wealth management technology, has unveiled a revolutionary revenue management and billing solution integrated into their flagship enterprise wealth management platform. This innovative offering is meticulously crafted to meet the diverse needs of various wealth management firms, enabling them to enhance their operational efficiency.
Key Features and Benefits
The d1g1t Billing solution boasts several advanced features, ensuring firms can manage billing processes with maximum flexibility and speed. With its powerful multi-currency fee calculation engine, it is designed to handle complex billing scenarios effortlessly. Firms can expect reduced time in fee measurement and analysis, leading to faster revenue collection.
Among the standout attributes of the solution are:
Comprehensive Fee Management
This billing system allows firms to manage payments either in advance or in arrears, along with tiered or fixed fee schedules. Moreover, it supports flexible fee exclusions and sales taxes, facilitating various asset calculation methods tailored to specific needs.
Seamless Integration
What sets this solution apart is its seamless integration with d1g1t's existing client reporting and portfolio management modules. Utilizing the same underlying data simplifies the reconciliation process, making it less time-consuming and error-prone.
Performance and Scalability
Designed as a Software as a Service (SaaS) solution, d1g1t’s Billing system scales effortlessly to accommodate a vast number of accounts, catering to firms of all sizes. The speed of transaction processing epitomizes the operational excellence that d1g1t aims to deliver.
Transforming Wealth Management Operations
According to Benoit Fleury, Chief Product Officer and Co-founder of d1g1t, the team's commitment to innovation shines through this product launch. The billing solution integrates directly into the workflow of the platform, which streamlines the wealth management lifecycle.
“With the current market dynamics, firms are looking to engage more with their clients and reduce the time spent on administrative tasks. Our solution is designed to modernize revenue management processes and support this shift,” Fleury stated.
Enhanced Billing Workflows
d1g1t's Billing system simplifies generating fees, reviewing, approving, processing, and distributing invoices. With features like bulk billing capabilities, firms can compute fees for numerous clients simultaneously, drastically improving productivity.
About d1g1t
d1g1t is committed to transforming wealth management through technology. Catering to financial advisors, multi-family offices, registered investment advisors (RIAs), and broker-dealers, d1g1t's award-winning platform focuses on transitioning firms to digital models that promote business growth and operational efficiencies. From real-time performance analytics to a user-friendly client portal and mobile app, d1g1t aims to enhance the entire wealth advisory lifecycle.
By embracing technology, firms can enjoy an intuitive and streamlined workflow, enabling them to effectively manage clients and their portfolios.
Frequently Asked Questions
What is the main benefit of d1g1t's new billing solution?
The primary benefit is enhanced operational efficiency, allowing firms to manage billing processes more effectively and speedily, contributing to faster revenue collection.
How does the solution support complex billing scenarios?
d1g1t's Billing solution includes a multi-currency, scalable fee calculation engine that accommodates various asset calculation methods and flexible fee structures.
Can the billing solution integrate with existing systems?
Yes, it is fully integrated into the d1g1t enterprise platform, using the same underlying data as other modules, which simplifies operational management.
Is the solution designed for all types of wealth management firms?
Absolutely, it caters to a diverse range of wealth management entities, including financial advisors and broker-dealers, by accommodating varying billing needs.
What technologies are involved in the d1g1t platform?
The d1g1t platform incorporates advanced analytics, an intuitive user interface, and seamless workflows to provide a comprehensive digital experience for clients and advisors alike.
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