Yeah, the number of processes produced is what is key, as you said it's those numbers that will drive the revenue.
Well with NAB already engaged, trial successful and work ongoing quietly behind the scenes and another of Australia's Largest Financial Institutions approving Intiger, seem a few of the Big 4 already on board.
I'd think a good majority of practices from Sentry, Charter and others will sign up as they see the benefits of the cost savings, efficiency increases of their business across board, there's a wholistic benefit of using Intigers system which Patrick Canion has spoken about a few times, including that interview last year and the latest where ipacWA he decided to keep existing staff and have them do more productive work for his practice.
An old article on AusSuper noted how they produced 20,000 SOAs alone in 2014 or 2013.
The processes aren't just SOA's there's other administrative processing work that Intiger produces for clients, but it is one of the main focal points.
A list of the Licensees can be found here:
https://www.professionalplanner.com...-planning-market-full-licensee-listing-55649/
Top snapshot of that link:
View attachment 649569
An older but a goodie post with all the Top 100 Dealer Groups post on HC:
https://hotcopper.com.au/posts/19902041/single
PDF link:
http://www.moneymanagement.com.au/s...onvert-jpg-to-pdf.net_2016-10-14_07-23-20.pdf
Article Link:
http://www.moneymanagement.com.au/f...UdjZkdElpK1wvMlUwcmFEcEVNSjNxNVg4OHVHaDA4PSJ9
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They don't just produce SOAs, that's one aspect of all the back office processing work.
Once the Online Portal comes online things will move along more, they have said it's working and had a "soft launch" with existing clients, but was previously mentioned it would be strategically rolled out to start with rather than a free for all.
But once this is 100% up and running it will go a long way with showing the true picture of the business as a lot of the backlog of clients waiting will be freed up, as of now they have to wait for Intiger's people to engage with them one on one or through email ordering, which is slow.
They also are going to automate their own back-office systems with the Portal, reducing their own costs even more and increasing efficiencies.
So as you have said, still in early stages, which many understand and many don't and expect too much too soon.
For less than 12 month listing they have achieved a huge amount and are in a far better position now than they were in December when it hit 9.5c on pure hype of MOU2 signing.
Back then there was only 9 clients signed (January) --- March had 18 client agreements (doubled)
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3 more Global Offices launched from January to now, Sydney and in Phillipines.
Accounting & Taxation Services - New and demanded from Clients; more processes to complete and more revenue for Intiger.
Hiring of Client Experience Manager- Nina Tan who left her NAB position to join Intiger
Online Portal to launch
Sentry Group Approval & engagement after a successful Pilot.
There is a lot more, which many forget (it's obvious they do when certain questions/comments are posted here)
All those things and more have put the business in a far better position than when it made it's highs of 9.5c and now have substance to push on from once as a business and the share price once all the pieces of the puzzle come together.
Great time to buy at these prices, it's sitting in an accumulation range between 3.5c and 4.4c on the Weekly Chart, previous accumulation range when first listed.
Cheers.
(20min delay)