Challenges in Fund Accounting
Imagine if your family office could get out of the “Spreadsheet Abyss” in fund accounting by operating through a fully integrated platform. That platform, AtlasFive, will transform and improve your operations and strengthen your relationships with clients.
The family office industry has complex transactions and reporting requirements that cannot simply be done using spreadsheets. This model of operations and reporting often results in a breakdown of procedures, errors, lack of transparency, and inconsistent feedback to clients.
The Next Level of UHNW Wealth Management
The AtlasFive platform by Eton Solutions was created by family office professionals with over 100 years of combined financial and family office experience.
We’ve experienced the problems that spawn from limited models used to perform complex and detailed work.
Ready to launch your family office out of the “Spreadsheet Abyss?”
Integration of Fund Accounting
Family office professionals know that Fund Accounting does not exist in a vacuum, and in fact drastically impacts concurrent family office processes, including those spanning:
- General ledger
- Investment ledger
- Tax ledger
- Performance measurement
- Internal operations & reporting
- Cash management
Most family office solution software on the market today falls into an assortment of separate, disjointed, and often difficult to integrate applications. Adopting a segregated framework for the family office is counterintuitive to the structure of the family office itself.
Solve Fund Accounting with AtlasFive
AtlasFive facilitates the integration of the fund accounting process, which allows family offices to eliminate bottlenecks and scale business processes. As a fully integrated technology platform, AtlasFive brings operational and reporting efficiency to the next level for Fund Accounting.
Here’s how:
- Aggregating data from multiple sources
- Reconciling to external sources and documents
- Booking all financial and tax activity into multiple detail ledgers simultaneously
- Perform book and tax allocations
- Generate fund financial statements and investor reports
- Eliminating bottlenecks in professional processes
- Creating scalable business processes
AtlasFive empowers family offices to streamline administrative procedures, reduce costs, and consistently meet investor reporting deadlines.
Experience a world of information that derives from a single source, eliminating the need to update, reconcile, or research details in siloed subsystems or spreadsheets.