Born out a multi-family office, Empaxis knows that every family office has its own goals, investment strategies, workflows, and reporting requirements.
That’s why we customize our offerings to meet your back-office needs, leveraging a perfect mix of human talent, automation, and cloud-based financial technology.
Contact usWe focus on operations so you don’t have to.
Empaxis services including portfolio accounting, automation, and an all-in-one platform for reporting, data, and documents:
Have a team run your back office so you can focus on what you do best.
Every family office may be different, but they often make the same operational mistakes:
When outsourcing with Empaxis, you avoid all these issues.
Avoid the challenges above by outsourcing, where you'll benefit from:
With operations outsourcing, family offices are paying strictly for labor costs; they’re not having to pay for benefits, perks, sick-leave or vacation days associated with in-house hires. Family office reconciliation and other reporting requirements can be run at lower costs than if they were to be done in-house.
Outsourcing provides family offices a low-cost way to have experts who understand portfolio accounting and the software to run the reports. These firms should have mature processes in place for report generation, data accuracy, quality controls and protecting personal information.
For a family office to try and set everything up on their own can be ineffective and a waste of resources; outsourcing firms may help prevent those situations.
Outsourcing makes it easier for family offices to ramp up or down their operations. When things get busier or slower, the services provider adjusts staffing needs accordingly, as they already have the trained backups to perform the work and can be used and set aside at any time.
Outsourcing your family office’s operations can help you in other ways too, including less overall operational complexity for the organization, access to the latest technology, more time to focus on core competencies and increased reporting quality.
Want to learn more? Curious to find a better way to handle your procedures and cut your costs? Whether you’re ready to get started or simply exploring options, let’s chat. There’s no charge to you.
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