• Wealth and Asset Management Firms Thrive with Sage Intacct

    February 18, 2020
  • Regardless of the amount of assets under management at your firm, there are many challenges. You need to integrate data from different systems, calculate fair market value and net asset value, monitor cash-on-cash performance, consolidate results across multiple operating companies, and create timely and actionable reports. You need a true cloud-based accounting system for investment management.

    Key Sage Intacct Benefits

    1. Continuous consolidations: reduced from tens of hours to minutes
    2. Shared dimensional chart of accounts: reduce number of entries from 10k+ to hundreds, and add a new entity in minutes
    1. Dashboard analytics: instant shared access across entities, track financial data and key metrics over time
    2. Collaborative compliance: front-to-back office audit trail of all transactions

    Overcome Challenges in Wealth and Asset Management Firms

    Consolidation taking days across entities

    Inconsistent Chart of Accounts

    Needed real-time access to data

    Increasing headcount

    Tedious close process

    Lack of compliance with no audit trail

    Sage Intacct Customer Spotlight: Halstatt

    “With Sage Intacct, we are currently managing hundreds of millions of dollars worth of real estate, equity investments, and businesses. We are more efficient in everything we do from GL to reporting.”
    Jason Gabauer, Controller, Halstatt.

    Webinar: Optimizing the Finances of a Wealth Management Company

    Learn how Halstatt LLC, a Wealth Management Company optimize the Finances:

    • Saved 90% of the cost vs. on-premises software
    • Avoided hiring 3-4 additional people
    • Cut 200 hours of work through continuous close