Product - Fast-track File Notes with AI
Claras is your financial practice growth catalyst, enabling advisers to focus on what truly matters - delivering personalised advice and building client relationships. Without compromising on quality or compliance.
- Name
- Claras
- Industry
- Finance
- Website
- https://claras.ai/
Overview
In developing Claras, our team aimed to address a significant challenge faced by financial advisers in Australia: the time-consuming task of creating detailed file notes as required by industry regulation. We recognised that advisers were spending hours on administrative work, which detracted from their ability to focus on client service.
Our solution was an AI-powered platform designed specifically for financial advisers. Claras transforms the process of creating file notes, reducing hours of work to just minutes. The platform generates accurate, Xplan-ready file notes in a fraction of the time it would typically take.
One of the key features we implemented was the automation of client-ready emails. This functionality helps advisers manage their workload more efficiently, ensuring timely and accurate communication with clients.
Given the sensitive nature of financial information, we prioritised security in our development process. All client data is securely hosted in Australia, providing peace of mind for both advisers and their clients.
The impact of Claras on financial advisory practices has been significant. Users report substantial time savings, allowing them to focus more on building client relationships and growing their businesses. Many have found they can take on additional clients due to the increased efficiency.
We've observed a shift in how advisers interact with their clients. With administrative tasks streamlined, they can dedicate more time to understanding client needs and providing tailored advice. This has led to improved client satisfaction and stronger relationships.
Through the development and implementation of Claras, we've demonstrated how technology can transform a traditionally time-intensive aspect of financial advisory services. The platform has enabled advisers to be more responsive, engaged, and focused on delivering exceptional service to their clients.
The Future of Claras
Claras is just getting started. We've got big plans to make it even better for financial advisers. Claras will soon feature a smart document creator for things like fact finds, ready-to-use document templates, a task manager to keep advisers organised, an AI-powered meeting prep assistant, and a quick "ask anything" client info lookup. These new features will make Claras an essential tool for advisers, helping them save time and build stronger client relationships across Australia.
We're excited to keep pushing the boundaries of what's possible with AI in financial advising. Stay tuned for more innovations that'll transform how advisers work and serve their clients.