We’re all working in challenging economic times, no matter our industry. Market growth is often unpredictable, the battle for new business is fiercer than ever, and consumers are being careful with their spending. All-in-all, it’s a tough time to be in business.
It’s times
like this where we should all be looking inward and seeking to cut operating
costs wherever we can, without sacrificing our quality and ability to do
business. There are savings to be made all around us if we begin to think out
of the box.
Here are a few
ways that you can drive down your costs without impacting your performance or
offerings.
Automate
time-consuming tasks
Admin is a
necessary evil. Let’s get that out of the way right now. It stops you from
making money, but it’s absolutely vital.
So, how do we
reduce the time spent on chasing clients for information, or sending out
updates or marketing material?
Automation.
Our CRM allows
you to automate a wide range of admin and marketing functions, allowing your
staff to work on growing your business and helping clients. Take the time you
save through automation and apply it to other business functions. Not only will
you be making more money, you’ll also be relieving your back office staff from
a burden they no doubt hate.
FX Back Office
allows you to customize a series of tasks, ranging from automatically notifying
clients when their vital documents are expiring, to assisting in the sending of
bulk marketing emails. We can also tell you when a client needs a call back, or
a new client registers, allowing you to work safe in the knowledge that you’re
not missing vital interactions.
The end result
is more time in which to grow your business. All as a result of a few simple
steps.
Avoid in-house
development
In-house
development can easily become a bottomless pit that consumes time and money
with no guarantee of a good outcome.
We’re experts
in our field and our forex CRM is a pioneering piece of software that’s taking
the industry by storm. Our developers are experienced at building CRMs and have
leveraged their expertise in order to create a world-class system.
Why spend time
and money developing a system when our experts have already done so?
Our team built
FX Back Office to be entirely customizable, allowing you to ‘build’ the system
you need. We can work with you to give you the tools you want, and cut out
those you don’t, to leave you with a responsive, bespoke system that does
exactly what you need it to. If you need to expand it later on, we can do that,
too.
Our CRM also
integrates with leading third-party software to allow you to leverage the
capabilities of a wide range of programs from within the CRM, saving you time
and money once again.
Whatever it is
you need, we can design it together. The chances are, we’ve already done so.
Cut out
unnecessary services and subscriptions
Do an audit of
every service or subscription you’re signed up to and cut what you don’t need.
All too often,
we sign up to services that we quickly move on from, or that get forgotten and
then lost in accounting. These might range from membership of professional
associations, to subscriptions for software we no longer use. Going though our
outgoings with a fine-toothed comb can help discover products that we no longer
value, allowing us to cut them out and save costs.
The same is
true for the software we use to do our jobs. Our Forex CRM is a powerful,
customizable service that handles everything from back office admin to trades,
from client KYC and documents to sending out client emails, and more. All this
can help you reduce the number of systems you’re using on a daily basis. Our
CRM also allows you to integrate third-party software, and, combined with its
own features, our comprehensive package will allow you to cut out excess
programs, thereby saving money.
It’s all about
streamlining. Look at what you need, not at what you might need, or what you
thought you needed and instead, use one system that can do it all.
Go paperless
Paper, ink and
many traditional office supplies can end up costing a fortune. Added to that,
the environmental impact on paper offices is considerable.
The solution
is staring you right in the face. Go paperless.
We’re not
suggesting that you entirely ditch your Post-It Notes, but rather that you
produce all your reports electronically, and read and present your data on your
PC or tablet. Doing so will not only save you money and help the environment,
but it will also dramatically reduce clutter and the need for storage space
within your offices – or your home if you’re remote working.
Once you
commit to going paperless you can truly leverage the reporting powers of our
Forex CRM. Data is absolutely precious and we can create custom reports for
just about anything you might need. Sticking to digital reports and
presentations streamlines your processes even further, helping you not only
drill down to what’s important, but also to save time and money.
Costs are
everywhere, but it’s not difficult to begin cutting into them. We’re committed
to streamlining and simplifying the forex industry and we believe that we offer
a product that can help you save on costs in a number of ways.
Get in touchtoday and start reducing waste and excess costs.