Whether for a new client, matter or project, managing the inception of new business is a critical component of your business strategy. Your CMI process is vital to effective management of stringent compliance requirements and the associated risk these can pose your business.
However, CMI is also an exciting opportunity to build competitive advantage by incepting your new business faster and more efficiently, reducing your time-to-billing cycle and improving client services.
FloSuite CMI Solution – an industry-proven, pre-built line of business solution
We have developed a best practice-driven FloSuite CMI Solution in conjunction with leading professional services firms which will enable you to plug-in and immediately benefit from fast ROI.
This pre-built line-of-business solution offers a quick and low risk way to deploy a best practice CMI solution, which can be easily customised if required to reflect the specific way your business operates.
Key functionality:
- Anti money laundering checks
- Conflict of interest checking
- Client reconciliation
- Escalation procedures
- Rule-based management of approval cycles
- Integration with leading PMS, CRM, Document Management Systems
- Multiple User Interface deployment options – SharePoint, Microsoft Outlook, standard Web client, customisable Web forms
Key benefits:
- Meet regulatory requirements and reduce risk
- Enable transparency of process for clients
- Eradicate bottlenecks in CMI process / reduce time-to-billing cycle
- Remove duplication of data entry and errors across multiple systems holding client data
- Full audit trail of due diligence checks
- Consistency and efficiency across CMI process
- Fully customisable to ensure evolution in line with requirements
- Out of the box integrations for popular third party systems
- Designed to align with best practice of leading law firms