Panoramix™ Enhances Its Billing System
Panoramix™ has enhanced its billing to include multiple fee structures, billing cycles, new values bases and additional overrides
Eagan, Minn. (March 31, 2016) --- Panoramix™ for Financial Advisors, an at-a-glance portfolio management, billing and CRM tool for independent financial advisors, has enhanced its billing system.
New features includes:
- Multiple tiered fee structures, and the ability to select which fee structure applies to each account.
- Billing Cycle support so the advisor can set up multiple billing cycles to handle more complicated billing scenarios.
- A new value basis which will add weighted cash flows from the prior term to the end of period balance for the value basis for your fees.
- The ability to round the final fee to the dollar.
- The ability to use the actual days for the period for fee computation (rather than simply 1/4 for quarterly or 1/12 for monthly).
- The ability to bill the fees for an account to another account, or spread it out over all of the other accounts for a household.
- The ability to add an additional fee or credit beyond the computed fee per account.
- The ability to specify tax for fees if needed.
About Panoramix
Developed in 2013 by Sapphire Software Services, Inc., Panoramix provides portfolio management and reporting software for RIAs and financial advisors. Specializing in billing and performance reporting, the Panoramix platform is multi-custodial and, with its wide array of partners and integrations, is flexible enough to integrate seamlessly into an existing tech stack, while still being robust enough to stand on its own. Panoramix is industry-recognized as a Kitces’ Best Value (2023) and a top performer on the T3 Inside Information Survey eight years running (2019–2026). For more, see www.panoramixfinancial.com.
