Steps to Consider

Five Steps when Upgrading Your ERP Software

Consider these Five Steps When Upgrading Financial Management Software Growing firms know they’re doing something right when they need to upgrade their financial management software. Basic accounting tools like QuickBooks and Excel are adequate for a start-up. However, as their business grows firms must deal with more complex accounting challenges, and often start-up software can’t…

steps to implementation success

Crucial Steps for the Optimal ERP Implementation

The Crucial Steps for the Optimal Implementation The implementation process is the single most important component of any IT initiative. Setting up enterprise software can be expensive, complex, and time-consuming. When the implementation is managed well, companies gain powerful new IT capabilities that work perfectly starting on day one. With poor management, however, companies can…

Has Your Firm Outgrown Its Accounting Software?

Has Your Firm Outgrown Its Accounting Software? Establishing an alternative asset firm isn’t easy. In addition to finding clients and devising investment strategies, firms must figure out a host of administrative issues – locate office space, set up phone lines, buy pens and paper, etc.   Another issue on that list is finding accounting software.…

Don’t Neglect the Corporate Side of Your Business

Firms involved with alternative assets focus on delivering and reporting positive investment outcomes for their clients. They allocate considerable time, effort and money on technology and processes to improve their investment accounting and investor reporting.  While that makes sense, many neglect the corporate side of their business – which can create issues, and cost the…

Upgrade Accounting Software

Outgrown Quickbooks? Here Are The Signs

Can You Continue to Cope With QuickBooks?   High quality accounting and reporting for investment funds is non-negotiable and complex for private equity firms and hedge funds, which is why they have historically relied on dedicated industry-specific software solutions to optimize and standardize those processes.  Their operational accounting, however, is often not as big of…