There’s a lot of talk and excitement around AI in financial advice right now, smarter insights, faster processes, and better client outcomes, but there’s one uncomfortable truth many practices are overlooking: AI is only as good as the data you feed it. If your XPLAN data is messy, incomplete, or inconsistent, no amount of AI…
Over the last 12 months there has been quite a bit of discussion around TD 2024/7 and what it really means for advice practices. Not because the concept of things being deductible is new, but because applying it in a consistent, defensible way is where things get challenging. As guidance evolves and scrutiny increases, advisers…
October is Cyber Security Awareness Month, and it presents an amazing opportunity to shine a spotlight on protecting your business from online threats. As a small business, this isn’t just a tech issue, it’s a trust issue. Your clients count on you to keep their personal and financial information safe, and one data breach could…
We’ve all seen the headlines where another company is hit by a data breach, with sensitive client information ending up on the dark web. Recent examples include Qantas and Gmail. And while most of us aren’t exactly sure what the dark web is (spoiler: typing www.darkweb.com.au won’t get you there!), we do know it’s somewhere…
In today’s digital age, data breaches have become a common headline, causing businesses, and their clients, to worry about the security of their sensitive information, and for financial planning practices the information collected is some of the most sensitive. It’s understandable to be concerned about data breaches as the consequences can be severe, including financial…
Author: Colleen Tree, Enzumo Head of Business and Operations When asked about the best advice I’ve received regarding advice technology, my response is always the same: “Garbage in means garbage out.” It all boils down to data. You can have the most sophisticated processes in the industry and leverage all the automations XPLAN offers, but…
October is Cyber Security Awareness month in Australia and this can serve as a great reminder to make sure your devices and accounts are protected against cyber security threats. The Australian Government Department of Home Affairs recommends taking simple, yet effective and impactful steps to protect your online presence. This protection should be in place…
Adding fields to Client Hub – SITE ADMINISTRATOR FUNCTION ONLY The Client Hub page of the client profile in XPLAN is a snapshot of your client’s details and the recent activity on their profile. Information about the Advice Team, client contact details, and recent notes, tasks and emails are all displayed in the Hub, and…
Many practices face challenges with properly offboarding and archiving clients in XPLAN, whether due to the end of an ongoing arrangement or a client’s passing. To streamline this process of offboarding, Enzumo has developed an offboarding/archive wizard that guides you through each necessary step. This tool ensures that any fees or communications are discontinued, and…
We all know that a strong password is crucial for safeguarding your accounts and personal information, but do you know what constitutes a strong password? Do you know how easy it is for attackers to crack your password if it is not strong? Eight characters is not going to cut it – Aim for a…