Choosing a system to manage your advisory practice isn’t just about tasks — it’s about growth, compliance, automation, and client engagement.10xTask is a reliable task management tool. But if you’re a Mutual Fund Distributor (MFD) or Independent Financial Advisor (IFA), your daily operations involve a lot more than ticking off checklists:
- Managing SIPs & AUM
- Tracking client families & relationships
- Running portfolio reviews
- Scheduling client meetings
- Sending WhatsApp reminders
- Handling KYC, Risk profiling, etc
Who Are These CRMs Built For?
| Feature | Sanchay CRM | 10xTask |
|---|---|---|
| Users | Mutual Fund Distributors, RIAs, IFAs | Teams across any industry |
| Purpose | CRM for advisory & wealth businesses in India | General task management |
| Industry Fit | Pre-loaded for financial workflows | Not designed for finance |
| Setup Style | Ready on Day 1 with advisory modules | Needs manual setup for use cases |
For Indian MFDs & IFAs, Sanchay CRM is built for the exact workflows you need — from client onboarding to SIP reminders. 10xTask is a good project tracker with task lists, deadlines, etc. but not fit for financial advisory practice.
Client Management, Tasks, & Workflow Automation
| Sanchay CRM | 10xTask | |
|---|---|---|
| Client Association | Tasks, documents, and reminders are client-linked | Tasks are standalone — no client profiles |
| Lead Management | Built-in funnel with auto RM mapping | No funnel or client lifecycle tracking |
| Recurring Tasks & Meetings | Pre-set flows for reviews, SIPs, birthdays | Possible, but not for a client |
| Communication | WhatsApp/email alerts for SIPs, birthdays, meetings | No inbuilt communication features |
| PMS Integrations | Yes – AdvisorKhoj, Vijaya Fintech, etc. | Not applicable |
So, if you’re an MFD wondering, “What’s a CRM that lets me send SIP reminders via WhatsApp and auto-assign leads to RMs?”
Answer → Sanchay CRM.
Dashboards, Reports & Team Oversight
| Sanchay CRM | 10xTask | |
|---|---|---|
| Client & AUM Dashboards | Built-in, ready to use | Not available |
| RM Performance Tracking | Task reviews, pending follow-ups, and client coverage | Limited to task assignment |
| Client Segmentation | Based on AUM, relationship history, and last meeting | No segmentation feature |
| Daily Snapshot | Task + Lead + Reviews + Client follow-ups in 1 view | Task/project updates only |
| Login Access | Separate RM logins with audit trails | Team access, but no advisory-specific logs |
Sanchay CRM helps advisors proactively manage client relationships with real-time dashboards. 10xTask is designed more for internal project tracking than client-facing work.
Documents & Compliance
| Sanchay CRM | 10xTask | |
|---|---|---|
| Document Storage | PAN, Aadhaar, KYC linked to client | No document management |
| Compliance Structure | Built-in mapping for KYC, Risk Profiles | Not applicable |
10xTask has no provision for document storage & management, as it is a focused task management tool. So if you are looking for a CRM for Indian MFDs with built-in KYC, risk-profile tagging, and document attachment, then Sanchay CRM is your go-to tool!
Mobile App & On-the-Go CRM
| Sanchay CRM | 10xTask | |
|---|---|---|
| App Purpose | RMs can manage clients, meetings, leads | Task/project updates only |
| Field Tracking | Yes — including geo-location updates | Not available |
| Lead Entry | Real-time lead capture in-app | Not applicable |
10xTask focuses on project updates via the mobile app. While Sanchay empowers busy advisors & RMs with on-the-go lead entry, meeting tracking, and follow-ups via mobile app.
What Advisors Say After Switching from 10xTask
“10xTask helped us manage team projects, but not our advisory business. There was no way to link SIPs, upload PAN documents, or run client reviews. With Sanchay, everything was ready — we stopped using 5 tools and started focusing on growth. We needed more than a to-do list — we needed a system. Sanchay gave us automation, reporting, and a real understanding of our work.”
That’s the story we hear from many Mutual Fund Distributors who chose Sanchay
Hidden Costs of Using a Generic Task Tool
Choosing a non-CRM solution like 10xTask may seem cost-effective, but it often leads to
- Manual client follow-up spreadsheets
- Multiple disconnected tools for communication
- Missed SIP alerts & portfolio reviews
- No visibility into client engagement or RM performance
- Lost growth opportunities due to a lack of structure
Final Verdict: Which One is Right for You?
Choose 10xTask if:
- You only need internal task tracking with standalone task tracking
- You can memorize every task for all your clients
- You’re managing short-term projects or IT/development teams, and not long-term clients
- You don’t need CRM features or client automation
Choose Sanchay CRM if:
- You’re an Indian MFD, IFA, or RIA
- You want your tasks to be linked to your clients
- You want SIP, KYC, AUM, and review workflows built in
- You value pre-integrated lead capture, dashboards, and client/RM alerts
- You want your team to work in sync, with full visibility and compliance support
- You want to review your team’s performance over varied periods
Ready to Grow Your Advisory Practice?
See how India’s top MFDs use Sanchay CRM to scale with ease.
