myprosperity automates data feeds from various providers to give information about clients’ bank accounts, credit cards, home loans, real estate, insurances and superannuation.
“In a digitally driven financial market, myprosperity helps accountants thrive by providing [up-to-date] data, so they can get a real-time snapshot of their clients’ finances and provide informed advice,” said Chris Ridd, CEO of myprosperity.
“I think getting this data is something accountants struggle with and myprosperity is an elegant solution to this problem.”
The myprosperity portal also has functionality that is advantageous to accountants, including digital document signing, lead generation, uploading documents and receipts, and tagging tax items.
“Having seen myprosperity in detail, I am convinced that it can power the transformation of the client-public accountant relationship,” said Andrew Conway, CEO of the IPA.
“The ability to provide real-time, bespoke information to clients on their personal financial position will greatly assist informed decisions and a much deeper relationship between public accountants and their clients.”