Asendium Lite

About

Asendium Lite alleviates the burden of providing financial advice. Generate Terms of Engagements, Fact Finds and File Notes with ease and confidence. Asendium Lite reduces the repetitive administrative work, allowing you to spend more time with your clients. Increase your efficiency and complete more cases every year. All you have to do is simply tick the relevant boxes, click generate and edit the document as needed. It’s so simple, your new intern can do it.

Pricing

Free Trial

Free

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Monthly

^$ 149 p.m. (exc. GST)

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Annually

^$ 1188 p.a. (exc. GST)

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What's included in Asendium Lite?

Fact Find Module

You will be able to fully complete a Fact Find from start to finish in an efficient and structured manner with pre-populated wording for all the features, benefits, and options of the advice. Furthermore, there will be wording populated from simply ticking a button throughout the development process of your Fact Find. Discussions that you would have had with your client about their Risk Profile or Insurance Needs will be populated with disclosures, warnings, and sample discussion topics which you can then tailor and personalise to your client. Finally, you will be able to generate a word document Fact Find which you can edit to further tailor the advice and discussions.

Terms of Engagement Module

You will be able to generate a detailed Terms of Engagements for initial advice and ongoing advice services by ticking the relevant areas of advice and inputting your advice fees. Specific points to highlight are the summary of advice that you will be providing to a client and a detailed breakdown of your fee, where it is paid from, and the percentage allocation to each area of advice. Our module is designed to be detailed enough to provide guidelines for engaging with your business, but also client friendly enough to highlight the areas of advice being addressed and how the advice fee is broken down.

File Note Module

You will be able to generate File Notes for the Fact Find Meeting, Statement of Advice, Record of Advice Meeting, Investment Portfolio Review Meeting and Ongoing Service Review Meeting. The File Notes are structured chronologically for the traditional progression of a meeting of their respective nature. The order of events, comes with disclosures, warnings, risks, discussions, and explanations of areas of advice including the advice fee discussion in particular. Simply select the relevant boxes and Asendium Lite will generate a detailed and customisable File Note that you can personalise and load into your CRM for accurate and detailed recording keeping of your client interactions.

Implementation Workflows (Coming Soon)

We have designed standard implementation processes which you can choose to use. We will be developing further advice processes for implementation and expanding into on-boarding and client relationship engagement to further enhance the options for your practice. Our workflows are general in nature and are not specific to any one provider. This module may be complimentary to your existing processes. Some have been known to use it as a guide for new employees to understand the implementation process of financial advice.

Does Asendium Lite replace my existing CRM?

No, Asendium Lite is a supportive tool to use alongside your existing CRM. In the future, we will be launching Asendium (full version) and this will function as a replacement CRM.

Does Asendium Lite provide a compliance guarantee?

No. The software and wording we have developed to include in your documentation does not come with a compliance guarantee. Our wording is general in nature and structured in a way to allow you to build upon it and personalise it for your client. For example, when you discuss certain features or options for insurance you will typically use the same wording for the explanation but then build upon the explanation to personalise it to the clients reasoning. We provide the explanations and you can personalise them. Further to this, we provide general wording for discussions you may have around the Risk Profile and Insurance Needs Analysis which you can build upon through further personalisation. You may even begin using some of the wording as discussion points with your client that may not have arisen before. Most businesses in the industry today cannot provide a Compliance Guarantee but we can provide you general foundation wording to build upon. We encourage you to speak to your Dealer Group and engage with them to make sure the advice wording being used is to their desired standards.

Can I use one subscription for multiple people?

Asendium Lite is IP address protected for security. If you have a login for yourself and you have an administrator overseas or in a different location across the state, you will only be able to login from one location. This is to provide security and assurance that no unauthorised person accesses your account. You will require a subscription for each team member.

Can I download the Fact Find as a template?

Yes. You are able to download a blank Asendium Lite Fact Find for use as you like. Please note, we will regularly be updating the Fact Find with new sections or new wording to further improve the quality of the Fact Find used through Asendium Lite, but we will keep you updated in relation to any changes.

Will there be a Strategy Paper module for Asendium Lite?

Yes. We are currently in the process of developing a Strategy Paper module to be included in Asendium Lite for your use. The Strategy Paper module will allow you to generate the Strategy Paper outline quickly through a series of tick boxes and options. The output will not be the final Strategy Paper for the client and will require personalisation.

Is there a lock-in contract?

No, we do not have a lock-in contract.

What are the payment options for Asendium Lite?

Asendium Lite offers two payment options: • Monthly subscription at $149.00, paid via debit of your debit/credit card. • Annual subscription at $1,188, paid via debit of your debit/credit card.

How do I cancel my subscription?

The cancellation applies to the two methods of payment below: • Monthly subscription: This can be cancelled by emailing our team at contact@asendium.com.au. Simply request to cancel your subscription and provide your account ID. We require you to send the cancellation request by the 25th of each month. Please be aware, that you will receive a full 30 days’ worth of use for the monthly subscription, if you wish to cancel it after 14 days of use for example, you will still receive another 16 days of use and then the subscription will cease. • Annual subscription: This is a once off payment that provides you twelve months of access to Asendium – Lite and this can be cancelled by emailing our team at contact@asendium.com.au. Once the annual subscription is paid, there is no cancellation of the service. You will receive twelve months of use of Asendium Lite and if you wish to cancel the subscription, it will not continue into the next 12 months.