In an interview with finews.asia at the Singapore Fintech Festival 2024, Roland Stähli, founder of WebAccountPlus, discusses his vision to bridge critical data gaps in wealth management with a platform that not only consolidates data but also delivers actionable insights.
Roland Stähli, what led you to launch WebAccountPlus?
It started with an observation: finance professionals often work with isolated systems designed for specific tasks, like basic accounting or reporting, which rarely integrate well with each other. This fragmented approach leads to information silos that hinder effective decision-making.
Today's fast-paced financial environment demands a holistic view and real-time data across both public and private investments. With WebAccountPlus, we aimed to fill that gap, creating a platform that doesn’t just aggregate data but provides actionable insights and meaningful analysis.
Why is this especially relevant for small and medium-sized enterprises (SMEs)?
For SMEs, flexibility and efficiency are crucial. Many SMEs rely on tools like Xero or QuickBooks, which work well for basic needs but fall short for strategic planning.
«Wealth management has evolved far beyond simple asset administration»
WebAccountPlus enables SMEs to easily integrate all standard modules out of the box, such as CRM, HR, or document management, as they scale. It’s a tailored solution that grows with the company, avoiding the need for disruptive system overhauls or costly ERP implementations.
You’ve highlighted real-time portfolio management. Why is this capability essential for wealth managers and family offices?
Wealth management has evolved far beyond simple asset administration. Today, it requires a proactive, strategic approach that can swiftly respond to market shifts. Wealth managers and family offices need the ability to continuously adjust portfolios based on live data.
With WebAccountPlus, we empower them to go beyond basic financial summaries, providing insights into metrics like risk exposure and custom KPIs. This keeps all vital information at their fingertips, supporting informed, real-time decisions.
Private Equity is another focus for WebAccountPlus. What makes this area so important?
Private Equity and Venture Capital funds often face challenges in assessing investments due to a lack of standardized data, unlike public markets. Accurate analysis and early trend identification are critical here.
«This functionality helps make private investment management strategic and ultimately more successful»
WebAccountPlus not only provides full real-time transparency across your entire portfolio but also offers a comprehensive management toolkit. You can pinpoint risks, monitor KPIs, and take proactive actions when needed – all through a centralized platform that delivers actionable insights at the push of a button. This way, you minimize your effort and maximize your impact as a VC, without adding complexity.
WebAccountPlus allows fund managers to set tailored KPIs for each investment and monitor them closely, enabling proactive responses to changes. This functionality helps make private investment management more strategic and ultimately more successful.
What benefits does WebAccountPlus offer to public sector and government institutions?
Public sector institutions often need timely, relevant economic data to inform policy decisions. WebAccountPlus provides aggregated, anonymized data on SME activities and economic trends, giving policymakers a better understanding of sector dynamics.
This insight supports the development of targeted programs and incentives that foster economic growth, creating societal value that goes beyond financial data analysis.
Finally, how do you envision the future of financial management, and what role might platforms like WebAccountPlus play?
The future of financial management lies in integrated, intelligent systems that offer strategic analysis beyond just numbers. Financial tools will increasingly reflect the full picture of a business, supporting forward-thinking decision-making.
Our vision for WebAccountPlus is to be at the center of this transformation, not merely managing data but delivering deep insights. This approach enables finance professionals to move beyond number-crunching, empowering them to make strategic decisions that define the future of their organizations.
Roland Stähli is the Founder and Chairman of the Swiss fintech company WebAccountPlus.
