Transact has launched a new app developed in partnership with Intelliflo to help advisers manage client contributions and withdrawals more efficiently.
The integration, developed by Sprint Enterprise and powered by its data hub FINIO, builds on previous tools for account opening and fee reconciliation.
It ensures data remains consistent between Transact, where transactions are carried out, and Intelliflo Office, the practice management system advisers use for client reviews.
The app aims to reduce manual work and improve accuracy when reconciling data across platforms. It is currently available to a limited number of firms.
Tom Dunbar, CEO of Transact, said: “This is another step forward for our integrations strategy designed to make financial planning easier. The app gives advisers a simple way to compare and reconcile data without adding complexity. It doesn’t just highlight issues; it helps firms fix them.”
Nick Eatock, CEO of Intelliflo, added: “Good data is essential for accurate, compliant advice, but keeping contributions and withdrawals consistent across systems can be tough. This app gives advisers a practical, integrated way to reconcile data within Intelliflo Office, helping improve client outcomes and making reviews smoother.”
Robin Bevan, CEO of Sprint Enterprise, said the tool “gives advisers a way to quickly identify and resolve data issues, saving time and reducing the risk of decisions based on incomplete information.”
Intelliflo, a cloud-based fintech company, supports around 28,000 users across the UK and Australia.
Transact continues to collaborate with firms to ease integration for advisers. In May, it partnered with ZeroKey to simplify and speed up the data entry process for financial planners.
