“If I had asked people what they wanted, they would have said faster horses.”
Its much debated whether Henry Ford actually said this. But there is little doubt he was a pioneer, innovating solutions to problems customers didn’t even know they had.
One of the key reasons for our success over the last 15+ years is asking “why?”. The following question is a great example of this in action.
“Why is the fund industry so wed to paper based subscription documents?”
Especially when:
1. Every subscription document is different
2. They take hours to complete
3. It takes a law degree to know which questions are relevant (ultimately, most questions should be ignored)
4. Every new subscription requires the process to completed all over again
Its no wonder that 95% of the last 1,000 paper documents completed by investors, and processed by Opus, contained errors.
This is a great example of what makes Opus special. Our team came together to solve this serious, yet unnecessary problem. And by integrating our DigiSub solution fully into our complimentary CRM, fund managers can throw away their spreadsheets and manage the capital raising process in a professional way. Whilst a major barrier to entry preventing the conversion of prospect to investor has finally been resolved.
And the numbers speak for themselves. Adoption has exceeded our wildest expectations. It seems that paper based documents was indeed a problem that needed solving. Who knew?
#thinkalternatively
Opus is excited to announce that we have successfully exceeded 1,000 digital subscriptions on our proprietary DigiSub platform. Transforming the investor onboarding process with 10* efficiency and a 96% first-time completion rate, improving the investor experience, reducing manual errors, and streamlining the capital raising process for fund managers and their investors. Read more here: https://lnkd.in/eaR43kYh.
#fundadministration #digitalsubscriptions #digitaltransformation #opus #capitalraising
Specialist in LinkedIn Media Management, Archivist/ Project Consultant for the Ministry of Planning and Budget
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