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CashCalc to allow third party access

CashCalc to allow third party access

Cashflow planning software provider CashCalc is to allow third parties to integrate their software.

The move is designed to allow advisers to spend less time re-keying data and more time on their core work, the firm stated.

When back office providers integrate their systems with the cashflow provider, advisers will be able to connect their CashCalc account with their back office, and send information between the two.

Information such as incomes, expenditures, investments, pensions, assets and liabilities can be exchanged, the firm stated.

Advisers will also be allowed to create client profiles on CashCalc using the provider’s onboarding process and have that client automatically enter the back office account.

The cashflow provider has already integrated its software with other firms, such as Intelligent Office, Plum Software, Enable and Transact.

In July financial planner-backed start-up Advicefront integrated its software with Cashcalc in a bid to improve the way financial planners process client information.