Chirag Nanavati, Managing Director at Asset Vantage (a UNIDEL company), discusses the value of integrating automated bill pay into financial management workflows for family offices.
His company, Asset Vantage, offers a premier performance reporting and general ledger platform and counts 300+ ultra-high-net-worth families (UHNW) and accounting firms as clients.
In this case study, he explores:
AP inefficiencies and security concerns.
The importance of bill pay automation.
How BILL “tightens up AP loose ends” while giving family offices the ability to scale.
Why family offices and multi-family offices that move to digital operations will have an upper hand during the Great Wealth Transfer.