The hidden costs of fund factsheet production
Are you paying too much?
The monthly production of fund factsheets may seem like a routine operational task, but beneath the surface there is a complex web of hidden costs that many asset management firms fail to recognise. These concealed expenses extend far beyond the obvious financial allocation to time and peoplepower, impacting your firm's efficiency and bottom line in surprising ways.
Time: your most precious resource
The most significant hidden cost in factsheet production is time. The process demands meticulous attention to detail, with teams spending countless hours on essential administrative tasks. From gathering and validating data across multiple sources to formatting and reviewing documents, the workload is substantial.
During peak recording periods, teams must also manage ongoing updates and revisions while coordinating across departments. This intensive time investment often diverts key personnel being from strategic activities that could otherwise drive growth and innovation. Firms must consider if they would rather their A players focus on manual administrative tasks – or growing the business.
The ripple effect of resource strain
When internal teams are stretched thin handling factsheet production, it creates a cascade of operational challenges throughout the organisation. Teams find themselves with reduced focus on core investment management functions while opportunities for meaningful client engagement diminish.
Staff burnout becomes increasingly common during busy times and rushed schedules result in inconsistent document quality. These compounding issues diminish a firm’s efficiency and the quality of service delivered to clients.
The consequences of too much reliance on manual processes are far-reaching. When errors require time-consuming corrections, distribution delays shake investor confidence. Operationally, additional oversight becomes necessary for quality control and the need for overtime continues to expand. The cumulative effect puts a persistent drain on resources, productivity and quality.
Breaking the cycle (and saving costs)
Forward-thinking firms address these hidden costs with a modernised approach to factsheet production. By leveraging automation and expert partners, teams transform their operations, streamlining data collection and validation while reducing manual intervention (and associated errors).
To accelerate production timelines and free up internal resources for strategic initiatives that drive growth and innovation, a more modern approach is critical. We’ve developed a comprehensive guide called Mastering Fund Factsheets that offers tangible steps to help you streamline production operations and make room for growth.
Ready to transform your fund factsheets production process? Download the guide now:
