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REGISTER NOWIndus Valley Partners’ Expense Allocation Solution for private equity and hedge funds is an expense allocation software tool that simplifies the allocation of expenses to funds and management companies, eliminates risks and speeds up invoice processing. IVP’s Expense Allocation Solution offers a smart way to streamline fund allocations by improving accuracy and efficiency through automation, reducing the risk of human errors, and ensuring full regulatory compliance. Expense Allocation Solution automates complex and fund-specific allocation rules so that the in-house teams can process most allocations quickly, and can devote more resources to exception handling.
Expense Allocation Solution also helps asset managers and private equity to track functional expense allocations and accounts payable through customizable and powerful reports. Expense Allocation Solution includes easy-to-set-up invoice approvals along with a detailed audit to track the approvals, rejections and changes, eliminating the need for a separate invoice/expense management software.
IVP’s expense allocation software provides innovative reports to track vendor payments, fund reimbursements and approvals. Flexibility to add new allocation and reallocation rules. Easy to detect and correct discrepancies.
Ensure allocations align with fund offering documents, fiduciary duty, and SEC expectations. Detailed, well-defined allocation policy/practices and exceptions reporting combined with a complete audit trail for auditor review.
Powerful out-of-the-box reporting along with the ability to add custom reports in all major formats (csv, excel, json). Power BI dashboards that can be customized as per the need. Powerful data grids to customize the viewing experience for each user.
Easy to set up allocation rules across funds, deals, business segments etc that can be reused across invoices. Pre-built connectivity with leading T&E and AP systems. Capture data with OCR to eliminate manual invoice coding. Automated alerts and warnings that keep you in the know.
Customizable financial and operational dashboards make it easy to track and report value. Review compliance checks, vendor analytics, and expense allocation reviews with visualizations for multi-layered structures, all without leaving the expense allocation software.
Comprehensive support for vendor payments and reimbursement to management companies. Vendor onboarding, vendor contract management and reconciling contracts with invoices.
Supports complex allocation rules and methods, including those based on AUM, NAV, committed capital, or other metrics, to reduce manual intervention and human error. Also supports allocations to deal/investment ownership structures. Rules are template-based, so they can be set up once and used consistently.
Easy-to-customize workflows to handle the invoice approval process with no limits to the number of approvals per chain. Ability to apply soft and hard checks to facilitate approvals and improve overall efficiency.
In-built support to facilitate integration of expense allocation with Netsuite, Concur, Workday, GP, and other popular platforms. Customized extracts for integration with any in-house applications. Support for both file (excel, csv, json etc) and API based integration.
Learn more about how IVP’s asset management solutions can streamline and automate your entire buy-side workflow.
IVP’s offering has the breadth found at the largest global, multi-line technology providers combined with the specialized knowledge, innovation, and service found at leading boutiques.
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