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:
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AP inefficiencies and security concerns.
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The importance of bill pay automation.
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How BILL “tightens up AP loose ends” while giving family offices the ability to scale.
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Why family offices and multi-family offices that move to digital operations will have an upper hand during the Great Wealth Transfer.