As an asset manager or family office organization, you intimately understand how vital reporting is. It provides the necessary insights for informed decision-making, fosters transparency and accountability with clients, and ensures compliance with regulatory requirements. Effective reporting helps streamline operations by reducing manual effort and errors, allowing for better cost management and strategic planning. Clear and customized reports also improve communication with clients and stakeholders, enhancing trust and engagement.

However, family offices and asset managers face challenges such as integrating data from multiple sources, meeting diverse and complex reporting requirements, and maintaining real-time accuracy. They must also navigate evolving regulatory demands and ensure the security and confidentiality of sensitive financial information. These challenges require advanced technical skills and robust systems to manage effectively.

FundCount tackles these issues on multiple fronts so that reporting is less of a challenge and more of a seamless extension of the accounting and investment management process and daily operations in general.

Configurable Out-of-the-Box Reports

FundCount’s configurable out-of-the-box reports are integrated directly into the system, offering a selection of over 70 built-in reports. These reports cater to various needs, including investment analysis, performance tracking, and tax reporting.

This streamlines and simplifies the reporting process for family offices and asset managers. These reports cover a wide range of essential accounting and business requirements, such as investment analysis, performance tracking, and tax reporting. This means you can easily access comprehensive and accurate financial information without needing extensive customization or technical expertise. This ease of use is crucial for day-to-day operation and means that both your internal staff and management can quickly generate and review reports, enhancing operational efficiency and decision-making for your office.

Moreover, the flexibility in delivery methods ensures that reports can be seamlessly distributed to clients and stakeholders via email or directly to the investor portal. This feature enhances communication and transparency, providing your clients with timely and relevant information about their investments.

Key Features

• Extensive Variety: Choose from a wide array of reports such as Portfolio Analysis, Performance and Capital Summary, Partners Account Activity, Transactions Summary, and Cash Flow Statement. The wide variety of reports available cover the accounting and business essentials, as well as most conceivable business analysis and other needs family offices and asset managers have. Because they are easily customizable, if there are any gaps, you can usually make adjustments to meet your needs.
• Ease of Use: These reports are designed for operational efficiency, suitable for day-to-day back office and middle operations. They are easily accessible within the FundCount accounting app UI, ensuring that internal staff and management can quickly generate and review necessary reports.
• Delivery Flexibility: Reports can be sent via email or pushed directly to the investor portal, providing seamless distribution to clients and stakeholders.
• Limitations: While these reports are powerful and configurable, their customization is somewhat limited compared to other options. They are best suited for less demanding presentation requirements. This is where Power BI takes the baton.

Power BI Online Reports and Dashboards

For client-facing, interactive reporting, FundCount integrates seamlessly with Microsoft Power BI, one of the most powerful reporting engines on the market.

Power BI is now available for download by FundCount clients.

Microsoft Power BI is a cloud-based business intelligence platform that empowers users to visualize and analyze their data in an intuitive and interactive way. Unlike traditional reporting platforms, Power BI is a Mobile-First open platform that allows users to customize existing dashboards and reports, or even create their own from scratch. This level of flexibility is invaluable for users, who can tailor their reports to their specific needs and preferences and extends the reach of FundCount’s fast, comprehensive reporting capabilities to end users.

Key Features

• Client and Management Focused: Designed for clients, investors, and management teams that require frequent updates, Power BI enables real-time data visualization and analysis.
• Interactive and Mobile-Friendly: Power BI reports are interactive with drill-down capabilities and are mobile-friendly, providing stakeholders with instant access to data on any device.
• Customizable Reports: Users can create and fine-tune reports from scratch, combining data from various sources, including FundCount and external Excel spreadsheets. This flexibility ensures that reports can meet specific client needs and preferences.
• Pre-Built Templates: FundCount provides a catalog of pre-built templates, making it easier to get started and ensuring consistency across reports.
• Advanced Setup: While the basic setup is straightforward, advanced customization may require hiring a Power BI specialist. This ensures the reports are tailored precisely to your needs, leveraging the full capabilities of Power BI.
• Licensing: Requires a separate license from Microsoft, included in Office 365 E5.

Custom Reports Using Excel as a Report Layout Builder

FundCount’s custom report feature offers powerful customization, allowing users to create entirely new reports tailored to specific requirements.

Key Features

• High Customization: Users can build custom report templates on the Data Tables and Toolbar Designer screen, extracting specific data combinations from the database.
• Versatile Use: Suitable for any type of report recipient, including clients, management, and operational teams. These reports integrate seamlessly into the system, providing static reports with limited interactivity.
• Template Catalog: The community website regularly updates a catalog of templates, ensuring users have access to the latest report designs.
• Technical Requirements: Creating these reports requires a high level of technical expertise, as it involves developing custom layouts and potentially complex calculations. This is suitable for highly trained individuals with a technical mindset.

Custom Data Extracts

For feeding external systems and data warehouses, FundCount supports custom data extracts, ensuring seamless data integration and utilization.

Key Features

• Automated Data Delivery: Build custom data extracts using API or SQL requests to automate data delivery to external systems, enhancing overall data strategy and analytics.
• Integration: These data extracts can integrate directly into your system, making them transferable and reusable across different entities, databases, and servers.
• Suitable for Developers: Ideal for client development teams or third-party data integrators, these extracts require medium technical knowledge to set up and manage.

Covering Reporting Needs from all Angles

FundCount’s comprehensive reporting capabilities ensure that you have the right tools to transform your data into actionable insights. With a comprehensive suite of tools designed to meet the diverse needs of family offices and asset managers, every conceivable angle is covered.

The platform provides configurable out-of-the-box reports that cover essential accounting and business requirements, such as investment analysis, performance tracking, and tax reporting, making it easy for users to generate and access detailed financial information. Additionally, FundCount integrates seamlessly with Power BI, allowing for the creation of interactive, real-time dashboards that enhance client engagement and provide deeper insights into financial data.

Custom reporting options using Excel and custom data extracts further extend FundCount’s flexibility, enabling highly tailored reports and seamless data integration with external systems. Overall, FundCount’s robust and versatile reporting capabilities ensure that users can efficiently manage and analyze their financial data, improve transparency with clients, and comply with regulatory requirements.