TITLE

Growing Profits With Technology

AUTHOR(S)
Welsh, Tim
PUB. DATE
November 2007
SOURCE
Journal of Financial Planning;Nov/Dec2007 Supplement, p11
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses how independent financial planning firms can use technology to reduce costs. Three areas where cost savings can be notable iare space efficiency, back-office efficiency, and compliance efficiency. Digitizing archived documents saves space and hence storage costs. Back-office technologies that make document retrieval quick and easy for all employees can realize significant savings in staff time. Digital document management can both facilitate regulatory compliance and improve document security.
ACCESSION #
27518324

 

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