Computer Science Software (Pty) Ltd
PROFIDA is the pioneer software product to incorporate the complete spectrum of long-term insurance products – life, investment, medical aid, retirement and employee benefit schemes (on an individual and group basis) – into one system. The Commission Administration integrates with every product, facilitating the easy tracking of commission. The Debit Order Collection Facility enables the collection of tax service and consultation fees.
The adviser-to-client financial planning session has traditionally been built on clients’ response to questions like "What are your financial needs when you retire?" or "What are the financial needs of your family if you are disabled?"
The Financial Planning within PROFIDA removes any vagueness to provide clarity on these answers. Based on the client's income, expenses, tax and portfolio information available in PROFIDA, PROFIDA automatically calculates the client's needs. The results and its supporting figures of your needs analysis can be viewed immediately.
On the basis of these conclusions, you will be in a position to advise your client to make an informed and reliable financial decision.
The Financial Planning within PROFIDA supports real life scenarios by reflecting the financial situations of spouse and other dependant family members separately. Interlinked Companies and Trusts are also considered.
Multiple plans can be created and stored for more than one life scenario for each client. A history of plans assists with the FAIS requirement of record keeping and in the task of conducting an annual review.
Since 2002 PROFIDA is one of the few independent financial services software suites certified by Astute. With just a click of a mouse PROFIDA connects to the Astute website and downloads client portfolio information directly into PROFIDA. Any manual changes or Astute-updates performed on the portfolio side are reflected throughout all financial plans.
By downloading the Astute-requests into PROFIDA you obtain following benefits:
1. The reporting capability of the Astute web page is extended with the automatic compilation of the information for portfolio schedules
2. Portfolio Schedules and Portfolio Overviews are generated in Afrikaans and English.
Contact and workflow management ensures that all interactions with and tasks conducted on behalf of the client are stored in the client record. Any supporting documentation (letters, id docs, utility bills, tax certificates, images, etc) can be attached to entries in the client record.
Emails, including attachments, can be sent from PROFIDA®. Emails can also be received within PROFIDA®, making it the only financial software package worldwide with the ability to act as an email program. This keeps the correspondence with the clients and insurers all in one place.
Company Press Releases »
||Financial needs analysis systems empower Advisers
26 May 08 | Read More »
Financial advisers, increasingly reliant on fees from clients rather than commission payments from product providers, are turning to professional financial needs analysis systems in an effort to improve their quality of service and to enhance practice efficiency.