10 Ways Third-Party Fund Administration Saves You Money - Phoenix American

 The benefits to investment funds of outsourced fund operations, including fund accounting, administration, tax services, sales reporting, investor phone support, web portal, printing, fulfillment and compliance support, are many and varied. But here are 10 ways that third-party back office outsourcing simply benefits the bottom line:

1. Payroll savings

The costs and complications of maintaining an in-house staff for fund operations only magnifies as your fund succeeds and grows. Sick time, vacations, employee benefits, training, etc. are a considerable expense and an unnecessary headache for a successful and expanding office. Hiring and firing, overstaffing and understaffing, training and retraining are ongoing challenges. Quality third-party fund operations gets all the back-office tasks done with no staffing or human resources issues.

Read More: 10 Ways Third-Party Fund Administration Saves You Money


Contact Details:

sales@phxa.com

415-485-4500

2401 Kerner Blvd, San Rafael, CA 94901, United States

Phoenix Financial Services


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