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EISI’s software runs the gamut of financial planning and needs analysis tools
Whether you're looking for a high-end planning tool to manage millions of dollars in assets, or a simple tool to do annual tax preparation, EISI has an affordable solution to meet your business needs.
Ted Needleman's webcpa.com article Affordable Planning Software Can Speed Your Practice Niche highlights the top software packages on the market today in terms of affordability. Among the software listed are NaviPlan Standard and Profiles Forecaster.
"For planners with somewhat more basic needs, Profiles Forecaster. is both affordable and easy to use," says Needleman. "It consists of a number of needs-based modules that address planning for retirement, educational funding, survivor needs, long-term care and disability needs."
Profiles Forecaster features a simple, modular user interface that lets planners pick the areas of analysis for a client, and easily turn out a client-friendly report. The software also includes a professional client questionnaire that can be printed out for easy data collection. As an option, planners can add an asset allocation module, and Ibbotson Security Classifier.
While Profiles Forecaster is the ideal choice for small financial planning or accounting practices that are transitioning to formal financial planning services, NaviPlan Standard provides more comprehensive planning tools for planners with clients who have moderate planning needs.
Says Needleman: "Setting up NaviPlan is quick and easy, as is using the software."
NaviPlan Standard is a goal-based needs analysis tool that addresses retirement, education, major purchases, disability or survivor needs, insurance coverage requirements, and provides an optional Ibbotson Asset Allocation module. The user interface is logically organized to facilitate data entry, and NaviPlan has data import capabilities.
"A nice feature with NaviPlan is that if your practice changes and you need to include cash-based planning, such as the effect of income taxes, advanced estate planning, employee stock option planning and the like, you can upgrade to NaviPlan Extended and you'll already know how to use it," says Needleman.
Read the full review at webcpa.com.
