PRACTIFI LAUNCHES NEW BUSINESS DEVELOPMENT APP FOR WEALTH MANAGEMENT INDUSTRY

Cloud-Primarily based Resolution Supplier’s Deal Pipeline Control App Meets Business Call for For All-In-One Platform That Tracks, Manages M&A Process

CHICAGO, Aug. 15, 2022 /PRNewswire/ — Practifi, a efficiency optimization platform for the wealth leadership {industry}, lately introduced the rollout of its newest utility for enterprise advancement (“BD app”). The brand new utility, designed to handle an {industry} want for managing a couple of enlargement actions whilst monitoring pipeline efficiency, options equipment for complete lifestyles cycle leadership thru mergers and acquisitions, the usage of the ability of Practifi’s award-winning platform.

Adrian Johnstone, President and Co-founder of Practifi, stated, “The frenetic tempo of M&A job within the wealth leadership {industry} makes it necessary for RIAs, broker-dealers and community companies to control their pipeline capably. After sparsely paying attention to our purchasers, we created a brand new enterprise advancement app so key decision-makers and their groups now not need to depend on inefficient equipment, comparable to CRMs that don’t seem to be industry-specific, to function with excellence and scale. For companies looking for to extend the potency of the purchase procedure, our BD app will give you the best possible go back on their funding.”

The newly evolved app makes it simple to control the total acquisition lifestyles cycle inside a unmarried, unified platform. From deal prospecting and pipeline leadership to onboarding and integrating new companies and advisors, the Trade Building app supplies an end-to-end transition leadership enjoy for RIAs, IBDs and networks which are actively obtaining.

Making sure a easy and repeatable transition procedure, the BD app’s complete acquisition lifecycle guarantees all offers growth thru the similar phases. Whether or not the company or consultant is in attention, competition, due diligence, onboarding or obtained, each and every acquisition goal receives a standardized and constant enjoy.

Tom Westhoff, Vice President of Gross sales at Practifi, concluded, “Now we have captured the most efficient of Practifi’s core functions and taken them into the M&An area, making it easy for fast-growing companies to qualify and quantify the offers of their pipelines whilst managing back-office job with flawless precision. From step one of a transaction to a hit acquisition, companies looking for to be the consumer of selection within the M&A marketplace remember that they wish to be observed as in a position to seamless complete integration. Our new app puts wealth leadership’s acquisition job on the heart of the whole thing and can reap dividends for corporations at the hunt for the most efficient resolution to be had.”

About Practifi

Practifi is the efficiency optimization platform purpose-built for the wealth leadership {industry}. Practifi empowers groups to automate workflows, create wealthy consumer information, and get entry to complicated analytics in a unified enjoy. With complete APIs, a spread of specialist wealth {industry} integrations, and an ecosystem of masses of built-in apps, our platform centralizes knowledge and offers better visibility throughout organizations. Headquartered in Chicago, Illinois, with workplaces in Sydney, Australia, Practifi permits organizations around the globe to deepen loyalty with their purchasers and pioneer the way forward for wealth leadership. To be informed extra, seek advice from practifi.com.

SOURCE Practifi