Resolvr is an expense allocation, invoice management, and compliance tool with dynamic expense apportionment. The software has been active for two years, with over $20 billion in AUA running on the platform. The average ROI for a client is 40 percent-plus, i.e. clients are able to earn an additional 40 percent from savings in the mid and back office. The software is ready for live use in about two months, and it is a flat rate per user per month (SaaS model). Resolvr has 24/6 support and is applicable and proven even for clients who have existing fund administration software.
This demo shows the role of Resolvr in a client’s mid and back office and talks about the growing role of regulation–especially for asset managers but more generally any process-based or invoice-centric organizations (e.g. logistics, insurance, legal, and automotive organizations). We help avoid regulatory fines and increase profitability by providing highly efficient and secure processing, immediate knowledge and communication, and informed reporting, and by empowering fewer people in the mid and back office to complete the same amount of work, if not more. Average ROI is 40 percent-plus in terms of increased profit through back office savings, and we have 100 percent renewal rates for existing customers. Resolvr utilizes a per user per month fee vs. competitors that are a percent of invoice.
Speaker: Philip Knight, Chief Product Officer, aXpire
