Moneysoft Lite will be released in the third quarter of this year, offering new and enhanced functionality, such as an intuitive interface to guide users as well as the option to deliver bespoke reports and share data, the firm said in a statement.
The tool will also feature the ability to automatically gather and consolidate account balance data from multiple sources, including bank and superannuation accounts, the statement said.
Moneysoft head of operations Jon Shaw said the new version will also feature an opportunity identification tool which shows advisers exactly where and how clients can benefit from more comprehensive, cashflow-based advice.
“Moneysoft Lite will help advisers capitalise on the mounting interest in saving, budgeting and cashflow management while lifting client engagement and satisfaction,” Mr Shaw said.
“Not only can advisers gain a complete understanding of their clients’ financial situation and behaviour but they can efficiently deliver cashflow as a service and, by doing so, diversify their revenue, reach new advice audiences and drive growth.”
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