Painless Data Gathering using AI

You type nothing, they type nothing...

Sponsored By:

Stands for “flexible extraction”

So what is Flextract?

It's the anti-form solution. No forms. Zero. Nada. Instead, it's an AI-powered document uploader and data extraction platform built specifically for financial advisors.

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But first up, an update on my book! Seeing as it’s going to be outdated at some point in the near future, I’m dropping the price to the min. on Amazon - $5.05.

If you’d like to pick up a copy, now’s as good a time as ever!

Speaking of the book, I’d like to re-visit Chapter 16 on Data Gathering.

It begins like this:

Imagine with me the very best data-gathering experience possible.

I think this pretty much sums it up:

“You type nothing. They type nothing.”

So how close can we get to that possibility?

One company I’ve been consulting with has basically adopted that motto.

Yes, I’m speaking about Flextract.

They’ve decided to tackle this problem starting with data-gathering during the onboarding process.

And this question, “How much data can we glean “extract” from documents so that the prospect/client doesn’t have to manually fill out forms?”

Consider this checklist from Cody Garrett:

If the client provided you with all these documents, could AI extract all the important information to create a financial plan, open accounts, populate your CRM…

…But make it painless… well, as painless as possible.

It starts with a document upload link. For clients, it's beautifully simple:

• Phone verification like Uber (no passwords to remember)

• Works on any device

• Customized document checklist

• Branded to YOUR firm

For advisors and their teams:

• AI automatically categorizes every document

• Extracts ALL client data (not just financial accounts)

• Integrates with your tech stack

Now all this rich data from all those documents is ready to push to your CRM, financial planning tool, data lake…

You typed nothing… they typed nothing.

Kinda cool, right?

☑️ Want to see Flextract in action? Contact rajesh@flextract.com for a demo today.

Until next time.

Warmly,

Joe

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P.S. Interested in some relevant data gathering stats?

• 35 days to onboard a new client (that's FIVE WEEKS folks!)

• 65-95% form abandonment rates

• 5+ hours of manual data entry PER CLIENT

• Advisors playing tech support when account aggregation breaks (again)

There’s a better way.