CHICAGO,
June 27, 2017 /PRNewswire/ --
Envestnet | Tamarac (www.tamaracinc.com) has added new auditing
capabilities to the powerful billing functionality in its Advisor
View™ application that make it easy for advisors to compare
billing periods and complete auditing processes.
The enhancements made to the Account Billing History
report in Advisor View enable advisors to easily compare the
Previous Billable Value, Previous Billed Amount and Previous
Billing Date for any date period or number of billing cycles. With
this update, advisors no longer need to manually gather or
manipulate data to evaluate the previous billing cycle with the
current billing. Using Advisor View, they can easily look across
their client account billing history to quickly identify
discrepancies.
In addition to selecting a custom date range, advisors can
simply check the new Most Recent Billing Date option to quickly run
a comparison of the current billing cycle against the previous. As
a best practice, advisors can also save a dynamic version of the
Account Billing History report using the Most Recent Billing Date
setting to easily access the report for ongoing auditing
purposes.
"Improving how advisors access and utilize data to make
better business decisions, like our new billing cycle auditing
capabilities, is an ongoing top priority at Tamarac," said
Stuart DePina, president of
Envestnet | Tamarac. "With these new reporting features,
advisors can efficiently manage these tasks and focus more intently
on serving their clients and growing their business."
These capabilities were added as part of
Envestnet | Tamarac's June 2017 technology release, which also include
updates to Advisor View's portfolio management and performance
reporting application and enhancements to core applications in the
Tamarac Advisor
Xi® platform.
Envestnet | Tamarac consistently enhances all of the
applications that comprise its integrated Advisor Xi technology
suite for independent RIAs, rolling out a new round of updates
every 60 days. Tamarac RIAs can log
into the Support and Training Center for the full details on the
June technology release:
https://support.tamaracinc.com/.
About Envestnet
Envestnet, Inc.
(NYSE: ENV) is the leading provider of intelligent systems for
wealth management and financial wellness. Envestnet's unified
technology enhances advisor productivity and strengthens the wealth
management process. Envestnet empowers enterprises and advisors to
more fully understand their clients and deliver better
outcomes.
Envestnet enables financial advisors to better manage
client outcomes and strengthen their practices.
Institutional-quality research and advanced portfolio solutions are
provided through Envestnet | PMC, our Portfolio Management
Consultants group. Envestnet | Yodlee is a leading data aggregation
and data analytics platform powering dynamic, cloud-based
innovation for digital financial services. Envestnet | Tamarac
provides leading rebalancing, reporting, and practice management
software for advisors. Envestnet | Retirement Solutions provides
retirement advisors with an integrated platform that combines
leading practice management technology, research and due diligence,
data aggregation, compliance tools, fiduciary solutions and
intelligent managed account solutions.
More than 55,000 advisors and 2,500 companies including:
16 of the 20 largest U.S. banks, 38 of the 50 largest wealth
management and brokerage firms, over 500 of the largest Registered
Investment Advisers, and hundreds of Internet services companies,
leverage Envestnet technology and services. Envestnet solutions
enhance knowledge of the client, accelerate client on-boarding,
improve client digital experiences, and help drive better outcomes
for enterprises, advisors, and their clients.
For more information about Envestnet | Tamarac's Advisor
View, please visit www.tamaracinc.com and
follow @TamaracInc.
Media Contact:
Jill Lewis
Weber
Shandwick
952.346.6279
jlewis@webershandwick.com
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SOURCE Envestnet | Tamarac