Financial Services

We provide a full range of services to address the varied challenges financial firms face. Let’s start with multi-entity reporting, which is driven by automation. For example, your set up can include automated consolidation and intercompany allocations. This keeps your books accurate, updated in real-time, and ensures clean structures.

Complex allocation models are simplified for leaders because they are managed in-system. Instead of clunky spreadsheets, you enjoy clear rules and an audit history to prevent disputes. We implement scalable processes that support firms, funds, departments, recurring revenue, and reduce overhead costs. This means that you’re covered as volume grows.

A single source of original data (one source of truth) ensures third-party platforms are connected to ERP and reporting, so finance and operations base decisions and actions on the same figures. 

Partners and managers have role-based access to data, providing visibility that enables faster reviews based on current numbers.

Automation plays a big role in multi-entity management. For instance, automated group reporting ensures all parties have access to the same information at the same time. No one has to play catch-up and there are no last minute changes that take parties by surprise. 

Groups can also take advantage of real-time drill down for up-to-the-minute data on any entity within the fold. This removes the clutter from inefficient systems, keeping data “clean” for reviews.

Definitions for key terms are shared among leaders and board members. This enables them to understand some industry jargon and generally understand the figures as they relate to multi-entities, and what they mean for the financial health of the company.

ERP integrations ensure entities use standardized charts that align data across funds and subsidiaries. Data transfer is easier between accounts and departments because there are no manual (duplicate) entries and data doesn’t need to be exported from spreadsheets.

Our systems use dynamic modules that simplify complex processes, allocating by revenue, headcount, or metrics. This has several positive knock-on effects, for example, it provides clear evidence of drivers and periods, resulting in smoother audits that track activity for boards and the taxman.

You can drill down to get in-depth information on things like service line profitability, pricing, and staffing calls. What’s more, the technology adapts to strategy updates easily, with faster model changes and a reduction in engineering assistance as there’s no need to constantly upgrade or rework the system to cope with changes. 

In the interests of efficiency and expediency, scheduled runs are tied to close, which means less rework at month-end. Employees can spend more time on their core tasks, which increases productivity, and, ultimately, staff satisfaction.

We integrate a range of financial management and accounting tools into your ERP system. For instance, we sync asset management tools to ERP, which ensures relevant data flows smoothly into your financials. We also ensure CRM and billing are aligned to revenue and collections, which leads to cleaner cash views. 

What happens when processing and lending systems are linked? The number of reconciliations goes down. Considering the importance of reconciliations, the fact there are fewer to worry about is something of a godsend. 

Another godsend? Close and analytics tools are automatically wired in, providing faster answers to financial queries without exporting spreadsheet data or data from legacy systems.

The net result is a unified data layer that also supports crucial tasks, like diligence and regulatory reviews with accurate figures that are accessible to stakeholders, including department leaders and board members.

Customizable dashboards provide real-time views of important metrics, like cash flow. Specifically, cash flow views in real time that include early alerts on things like liquidity and timing. Data also covers investments and their performance, providing insights that drive clear allocation decisions. 

On the topic of investments, dashboards delve into hedge fund exposure and drawdown tracking. This is important because it enables you to respond quickly to risks, preventing the dreaded mountains from molehills. 

Then there’s the data on private equity growth and capital deployment. Dashboards demonstrate their current status, progress, and general performance. It’s all delivered in an easily digestible format for board members to read and understand, driving insightful decisions geared towards growth.

Dashboards also provide data based on roles within your firm. You can, for example, see data by fund, department, service line, and narrative. This is great for establishing accountability, as well as identifying poorly performing areas that need extra focus or resources.

We’re pioneers in a rapidly evolving landscape. Our experience and expertise give us the flexibility necessary to adapt quickly and ensure your business adapts alongside. One of the ways in which we achieve this is scalability. 

Our services scale up as your teams grow. One of the great knock-on effects is a reduction in fixed overheads because systems adapt to expansion without requiring rework or engineering upgrades.

Modules are designed to manage increasingly complex financial needs, optimizing existing systems to maintain high performing structures, efficient and cost-effective allocations, and compliance, as well as investor demands. 

Accuracy and efficiency are ensured through deep system integration across core platforms. This maintains consistency while ensuring fewer handoffs.

Partnerships are the name of the game, as we work with you to deliver measured results and provide ongoing guidance and support. The result? Your stakeholders have confidence in your company and are willing to stay with you over the long-haul.