Engagement Workflows

Design a workflow for any scenario

Define different types of client engagements with invoices, eSignature, approvals, and deliverables bundled into fully configurable and automated sequences. Whether your advisors want to charge for one-time advisory fees, ongoing planning services, or something in between, AdvicePay helps make providing and overseeing fee-for-service financial planning fast and compliant.

Automate the mundane

Reduce repetitive tasks and speed up your billing process with AdvicePay’s intelligent automation capabilities. Automated client reminders, approval notifications, subscription billing, and deliverable tracking keep things running like a well-oiled machine while your back office staff focuses on more important projects that help scale your business.

Maintain control with permissions and approvals

Automation doesn’t mean you don’t have control. Leverage user roles, firm-wide settings, advisor-level permissions, and approval requirements to keep everyone in line with your firm’s policies and standard operating procedures. Whether it’s ensuring every email includes an important disclosure statement, or allowing advisors to use their own branding on invoices, AdvicePay is designed to meet your firm’s unique requirements.

Connect with other applications

AdvicePay offers a lot of integrations with your favorite fintech platforms to further streamline your operations. Connect with the tools you use every day like CRM, eSignature, financial planning, and more. Enterprises with development resources can also leverage our REST API to share AdvicePay data with other critical business systems.

“We had four different and distinct departments that were managing the process for physical checks. With four different departments involved, there’s the opportunity for checks to become misplaced, and it takes longer for advisors to be compensated. Now that we use AdvicePay, it’s one department that processes the transaction.”

Jamie Kulik, CFP®

Vice President, Financial Planning, LPL Financial

AdvicePay has various ways we can help enforce compliance in your workflow. From requiring agreements to be signed by every customer before a bill can be sent, to ensuring that invoice amounts always match the fees outlined in a client contract. AdvicePay can also track deliverables and automatically cancel subscriptions if evidence of provided services is not submitted.

Customers using AdvicePay Enterprise will have a dedicated customer success manager who will help create and configure workflows during the onboarding process.