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AdvicePay and Redtail Technology Announce New Integration

Category: Press Release

AdvicePay, the only fee-for-service billing and payment platform designed exclusively for financial advisors, announced today a new client data integration with the leading provider of client relationship management (CRM) solutions for financial services firms, Redtail. This new capability eliminates the manual steps advisors previously used in their billing processes, saving time and improving accuracy, all of which helps advisors better manage their billing and payment processes.

“Technology integrations are extremely important in helping advisors optimize their technology, while creating efficiencies for productivity,” said AdvicePay Co-founder Alan Moore. “This new integration with Redtail will simplify and streamline the billing process for advisors so that advisors can get paid more quickly.”

This new integration enables advisors to sync client data across platforms and, through a single click, access that data in both platforms. Redtail users can map and send client information from Redtail to populate AdvicePay and immediately start the billing process. Additionally, Redtail users will be able to view AdvicePay invoices in Redtail in the same client record.

“We are pleased to be integrating with AdvicePay to provide Redtail users easier access to the platforms that they use every day in their businesses,” said Brian McLaughlin, CEO at Redtail Technology. “Eliminating manual re-entry of data, particularly for common processes, saves advisors time and improves accuracy across platforms.”

“We are delighted to work with Redtail as another of our many integration partners,” said Moore. “As the fee-for service model gains momentum, we will continue to invest in the platform to make AdvicePay even more useful to helping advisors grow their businesses.”

About AdvicePay
Established by well-known financial advisors Michael Kitces and Alan Moore, AdvicePay is the only billing and payment processing platform created specifically for fee-for-service financial planning. Financial advisors benefit from efficient invoicing and payment workflows designed exclusively to support their businesses, including up-to-date compliance and data security management. Users can issue agreements for client e-signature, accept ACH and credit cards, bill hourly or one-time fees, or establish recurring retainer or subscription billing compliantly – all through the AdvicePay system.

About Redtail
Founded in 2003, Redtail Technology is a leading provider of web-based Client Relationship Management (CRM), compliant text messaging solutions (Redtail Speak), paperless office, and email archiving solutions in the financial services industry. The company is dedicated to helping advisors efficiently grow their firms by providing them with the core technologies that drive their day-to-day operations, offering low cost and easy to implement applications and integrating with many of the industry’s most widely used applications. As a pioneer in the financial technology industry, Redtail is committed to providing advisors exceptional customer service and strives to contribute in meaningful ways to its local communities in California, Arizona, and Georgia. For more information, visit http://www.redtailtechnology.com