Transact has partnered with Intelliflo to launch a new app designed to simplify contributions and withdrawals.
The app also helps to ensure that data stays consistent between Transact and Intelliflo Office.
Transact said it will reduce manual work and improve accuracy for advisers when reconciling contributions and withdrawals. It builds on previous tools for account opening and fee reconciliation.
Tom Dunbar, CEO of Transact, said: “This is another step forward for our integrations strategy designed to make financial planning easier. The app is currently available to a small number of firms and gives advisers a simple way to compare and reconcile data – without adding another layer of 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. That’s why we’re pleased to see this new app from Transact. It gives advisers a practical, integrated way to reconcile data within Intelliflo Office, helping improve client outcomes and making reviews smoother.
“With this app, firms can spot mismatches in real time and take action before they cause problems in planning tools or compliance checks.”
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