No matter how big or how small the financial services firm, Chief Financial Officers (CFOs) or Chief Investment Officer (CIOs) face relentless, complex challenges that need to be addressed within hours or days, not weeks or months.
You need to integrate data from different systems; continuously calculate fair market value (FMV) and net asset value (NAV) for your diverse portfolios, monitor cash-on-cash performance; consolidate results across multiple operating companies into a single holding company; and create timely and actionable reports for your board.
Knowing this, can you really afford to waste away manually crunching numbers in Great Plains, QuickBooks, or Excel, working tirelessly on a report that takes days or even weeks to complete.
With Intacct, leaders at financial services organizations can take advantage of automated, multi-fund, and user-friendly solutions designed with financial services in mind. Intacct offers the following and more to organizations like yours:
Multi-Fund Reporting, Simplified
It’s likely that your firm currently spends countless hours on tedious and error-prone financial reporting, preparing statements, budgets, analyses, and compliance filings for each of your funds. You barely finish in time to start all over again.
With Intacct—the only cloud-financial services accounting system preferred by the AICPA—you get real-time consolidations with intercompany eliminations; drill-down access to all of your funds, assets, and operating companies; multicurrency support; full GAAP compliance; dozens of built-in reports; and sophisticated custom reporting and analytics solutions to meet your exact needs—all with an easy-to-use interface.
Scalable Architecture that Grows With Your Financial Services Firm
Intacct is built to grow when you do, so you’re never paying for more than you need, and never outgrowing your accounting system. Thanks to a scalable, cloud-based delivery model, Intacct provides your financial services firm with an accounting system that stays in step with your growth.
Easily increase assets under management and expand your portfolio of funds and operating companies—without adding staff, installing more software, or creating extra work. You can share charts of accounts, payments, receivables, and check cutting for all your operating companies. Intacct gives investment management companies immediate access to the right data and information at the right time, offering insight across complex entity structures to make smarter decisions that can help you increase investment return for your clients. With Intacct, CFOs and CIOs become increasingly data-driven and transition away from outdated quarterly reporting to continuous, real-time consolidation and reporting.
Use Modern Collaboration and Compliance Strategies to Minimize Risk
With Intacct, companies are provided the latest and greatest in collaboration and compliance, mitigating risk exposure. Thanks to best-in-class auditing of intercompany transactions with detailed transaction logs, users benefit from an integrated “collaborative compliance” environment that’s consistent across the front and back office. You see not only what you did and when you did it, but also why you did it and how the transaction complies with GAAP rules.