Expense Allocation Solution
Indus Valley Partners simplifies expense allocation or private equity, hedge funds, pension funds and other asset managers. Typically managed manually using spreadsheets, expense management can be complex, time-consuming, resource-intensive, and susceptible to human error—all of which raise operational risks.
Expense Allocation Solution gives asset managers the ability to improve accuracy and efficiency, reduce the risk of errors, and ensure full compliance. It offers a better way to streamline allocations, codifying and automating complex and fund-specific rules. Your in-house teams can process most allocations quickly, so you can devote more resources to exception handling. Plus, IVP’s solution keeps a detailed audit trail of all actions for total transparency.
Benefits
Key Benefits
Higher accuracy
With consistent, repeatable invoice capture and allocation, flexibility to accommodate new allocation and reallocation rules. Also promotes detection and correction of discrepancies.
Better compliance
Management by ensuring allocations align with fund offering documents, fiduciary duty, and SEC expectations. Detailed, well-defined allocation policy/practices and exceptions reporting combined with a complete audit trail for auditor review.
Increased transparency
With investor disclosures for pass-through expenses, dead-deal expense tracking, and assurance that allocations align with agreements.
More automation
Through one-click operation, even for multi-level allocations. Pre-built connectivity with leading T&E and AP systems. Capture data with OCR to eliminate manual invoice coding. Automated alerts and warnings that keep you in the know.
What’s Possible with Expense Allocation Solution
Expense Capture and Tracking
Expense Allocation
Payables Tracking
Expense Automation
Compliance Tracking
Vendor Payments
Key features
Expense Allocation Simplified
Detailed Analytics
Pre-defined financial and operational dashboards make it easy to track and report value and volume of expenses. Review compliance checks,
vendor analytics, and expense reviews
alongside allocation visualizations for
multi-layered structures.
Beyond Allocations
Provides comprehensive support for paying vendors or directly reimbursing management companies. It can handle intercompany invoices, reimbursement wires, allocation corrections, time tracking, and headcount-based allocations.
Automated Allocation Rules
Supports complex allocation rules and methods, including those based on AUM, NAV, capital, or other metrics, to reduce manual intervention and human error. Rules are template-based, so they can be set up once and used consistently. These rules also make it easy to include new funds or legal entities in the allocation process.
Fully Customizable Workflows
End-to-end workflows can be set up to handle custom invoice processes, including data input and soft and hard checks for approvals, to improve overall efficiency.
Out-of-the-Box Connectivity
Comes with pre-configured adapters for Concur, Workday, GP, NetSuite, and other popular platforms as well as support for file-based integration and bulk expense uploads.
Explore the Workflow
This is a place holder – is connected to all of the leading pricing data vendors and brokers. It provides a flexible and configurable pricing engine that caters to the needs of any type of pricing process.
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