If you attended the 2017 Backstop User Conference, chances are you’re already looking forward to next year’s event. This can’t-miss gathering brings together some of the industry’s largest alternative investment leaders for two information-packed days, right in the heart of downtown Chicago.
Client Communication Transformed
Investors’ expectations for speed and transparency are rising, while regulatory demands are expanding and evolving. Effective, streamlined client communication has never been more vital.
Now, you must comply with an IRS regulation that requires end users to consent to receiving K1 statements electronically – an activity handled manually, by sending letters and emails.
And, to collect client payments electronically, you have to get clients to complete an ACH Authorization form.
True Cloud vs. Fake Cloud
These days, it feels like we’re constantly hearing about the importance of “moving to the cloud.” And there are plenty of good reasons that businesses of all kinds are making that transition. Cloud solutions can boost productivity and agility, while lowering costs. And that can be just the beginning of the benefits you can expect.