The Problem
Tan Family Office in Singapore relied heavily on manual data entry to maintain their financial records. The operations team spent most of their time keying in data from custodian statements, bank reports, and investment summaries into spreadsheets.
This manual process was not only time-consuming but also error-prone. Data entry mistakes could cascade through reports, leading to incorrect portfolio valuations and misguided investment decisions.
Results with Asora
-75%
Manual data entry
Significantly improved
Data accuracy
Higher-value work
Team productivity
Deciding to Go with Asora
Tan Family Office needed to automate their data workflows to free up the operations team for more strategic tasks. Asora's automated data aggregation, which directly connects to custodians and banks, was exactly what they were looking for.
The platform's ability to handle the specific requirements of the Singapore banking ecosystem, combined with its straightforward implementation process, made the decision easy.
The Struggle with Data Entry
Asora Solution
The Effect of Using Asora
Since implementing Asora, Tan Family Office has reduced manual data entry by 75%. Data flows automatically from custodians and banks into the platform, where it is cleansed, standardised, and ready for analysis.
The operations team now spends their time on analysis, reporting, and strategic support rather than data entry. The improvement in data accuracy has also increased confidence in portfolio reporting.
Lessons and Advice
Manual data entry is not just a time sink. It's a risk. Every manual step introduces the possibility of error, and those errors compound over time.
Automating the foundational data layer had a ripple effect across our entire operation. Better data in means better insights out.
Asora took the most tedious part of our operation and automated it. The impact on our team's productivity and morale has been remarkable.
Operations Manager
Tan Family Office
ISO 27001 Certified
GDPR Compliant