Issue 6 7 May 2008
get ready for year end with free implementation*
If you intended to load portfolios onto V-Wrap for your end of year financial reports but haven't found the time to do it; you should take advantage of our Implementation Service.
* For any services wishing to increase their minimum subscription by 50 portfolios, we will provide one free day of Implementation Service to help you load these portfolios onto the system quickly.
You will then be able to use the V-Wrap tax reports for a larger proportion of your client base, streamlining your end of year processes.
To take advantage of this offer, contact your State Manager on 1800 702 488.
new! integration with coin office
We are pleased to announce that V-Wrap now interfaces with Coin's financial planning software!
This was one of the key developments that was raised during our Customer Satisfaction Survey and we are pleased to have now delivered this to you.
The interface allows you to export a file from V-Wrap and upload a file into Coin Office, saving you from needing to rekey data. You choose what data you want to export including:
- Cash, Income or Transaction details
- Individual or groups of portfolios
- All information for a selected range of clients
For instructions to use this interface, you can download the Coin Office Help Sheet from http://www.praemium.com.au/get-help.html, or contact Client Services on mail@praemium.com.au or 03 8622 1222 for more information.
new! p-desktop enhancements
New functionality has been released in p-Desktop including:
- Ability to set alerts to help you keep track of security prices and movements
- More detailed information for each security, including rolling price information
- Market capitalisation
- Market capitalisation allows users to view the breakdown of Indices into their weighted stocks and indentifies each stocks impact to the indices movements
- Broker trade analysis by security or broker.
All p-Desktop users will be given the option to download this new version of the system when they log in to p-Desktop.
For more information on this functionality, or to gain access to p-Desktop, please contact Client Services on mail@praemium.com.au or 03 8622 1222.
user group schedule
We are pleased to invite you to attend our next User Groups, to be held in the last two weeks of May.
The User Groups will be run by Sean Crisp, our Client Service Manager, and will provide you with an opportunity to review recent enhancements, discuss functionality and future development requests. You will also meet other Præmium clients, giving you an opportunity to pick up some tips on how other people use the system.
The User Group schedule is as follows:
- Brisbane 20 May
- Sydney 21 May
- Adelaide 27 May
- Perth 28 May
- Melbourne 30 May
All User Groups will be held from 12:30pm to 2:00pm. A light lunch will be provided.
There are a limited number of places at the User Groups so please register for the User Group near you by contacting julie.butler@praemium.com.au
Further details on the venues will be provided when you register.
toolkit to help you market v-wrap and p-desktop to your clients
We often receive requests to provide marketing materials to help you promote V-Wrap and p-Desktop to your clients. Given most of our clients re-brand their service, explain the service in different ways to their clients and set which screens their clients see online; we have developed some generic materials that you can customise to suit your own offering.
You can customise these materials by:
- simply re-branding and converting the document to a pdf
- remove, re-word or add your own content and screen shots, creating your own customised marketing material
- including some of this content within your other marketing materials.
The Marketing Toolkit currently contains the following materials:
- Instructions for Re-branding
- Marketing Material Licence Agreement
- Introducing V-Wrap Brochure
- V-Wrap Quick Start Guide
- p-Desktop Quick Start Guide
To obtain a copy of the Marketing Toolkit, please contact Client Services on mail@praemium.com.au or 03 8622 1222.
client profile
As an early adopter of V-Wrap, Kirk Jarrott, Partner at Poole & Partners, speaks of his business experience with V-Wrap.
Tell us a little about your firm
Poole & Partners has been on the Sunshine Coast for over 25 years and is now one of the largest accounting practices in the area. We currently have 7 partners and 38 staff members divided between the accounting and investment planning divisions.
What is your background?
I originally spent 5 years at Poole & Partners in the accounting division, before leading to take up a role at ABN Amro. Four years later I returned to Poole & Partners to head up the Investment Division.
How long have you been using V-Wrap?
We were one of the early adopters of Præmium and have now been using V-Wrap for four and a half years.
Why did you decide to start using V-Wrap?
With my accounting background, and because I administer my own Self Managed Super Fund, I had a strong understanding of the investment and portfolio reporting requirements from an audit and accounting perspective. V-Wrap fit the bill. It does alot of the hack work for accountants and can really make a difference from a time-cost savings perspective. It makes the accountants job easier and saves the client money on accountant fees.
What kinds of clients do you place on V-Wrap?
We currently use V-Wrap for clients with direct share holdings, trusts and SMSF clients with direct share holdings. We have strong processes in place and the system is now working so well that it is just a matter of time before we place all clients on the system. We would certainly hear quickly from the accountants in our practice if there were any problems!
What has been the feedback from clients?
We have received excellent feedback from clients. We look after a lot of elderly clients who are becoming much more technologically savvy and want access to online solutions. V-Wrap allows us to focus on looking after these clients and provide them with additional services as their needs change. Although portfolio valuations are updated every night, we generally advise clients to check on their portfolios approximately once a week so they don't get too worried about the current market volatility.
recent announcements
In case you missed the following announcements from Præmium, you can read them by clicking the links below:
-
Fat Prophets to launch Præmium's UK SMA (30 April 2008)
-
Copy of Press Release: Call for rollover relief (29 April 2008)
-
Copy of Press Release: Coin Integration (24 April 2008)
You can view ASX Announcements at any time by visiting our website.
in this issue...
- get ready for year end with free implementation*
- new! integration with coin office
- new! p-desktop enhancements
- user group schedule
- toolkit to help you market v-wrap and p-desktop to your clients
- recent announcements
tip of the month
searching for a portfolio via the main screen
You can search for specific portfolios by using the Search functionality on the Main screen. This functionality provides you with 5 different filters, including Portfolio Name/ID, Adviser, Product, Location and Team.
If you know the exact Portfolio ID, you can simply enter that ID in the 'Port. Name/ID' field. Click on 'Search' and the portfolio will be displayed.
If you do not know the exact Portfolio ID, you can search for the portfolio using part of the Portfolio Name or ID and enclose this information within wildcards **. For example, searching for *Smith* will return all portfolios with the 'Smith' in the Portfolio Name.
You should note that the next time you log into the system, the results of your last search will be displayed on the main screen. To display all portfolios in the service, simply place a single wildcard * within the 'Port. Name/ID' field and click on 'Search'. Also ensure that the Product, Location and Team drop-down lists are set to 'All'. All portfolios in your service will now be displayed.