Investment firms have the daunting task of not only making good investments, finding the winners and passing on the losers, but they need to accurately reflect the value of their investments. What’s more, firms need to roll up multiple valuations across an entire fund, add in fee’s and dividends, and project the value of the entire fund. But with several investments in a fund, all with different waterfalls, securities, and ownerships amounts, this can be overwhelming. That is precisely why an automated, cloud-based solution is the best.
Forget managing several different spreadsheets, using a cloud-based solution allows firms to quickly aggregate several waterfalls into a fund valuation. Best yet, updated valuations can be easily shared with auditors and advisors. Also, all your individual valuations are housed in one place, accessed by your entire team, making quarterly updates a breeze.
Check out SmartCap to learn more about how you can streamline your valuation process.