Enables a high level of automation and consolidated reporting
FundCount, LLC, a Boston-based provider of integrated investment, partnership and general ledger accounting software, today announced that Ivany Investment Group has implemented FundCount software for its ability to bring automation, efficiency and consolidated reporting to the firm.
Ivany Investment Group is a diversified Sydney-based family office focused on business management and preserving and growing capital for its investments. The office is using FundCount to support a diverse global portfolio of private equity, real estate, fixed income, alternative investments and other asset classes.
“FundCount’s integrated investment management and general ledger accounting software automates our data input, monthly reporting and other labor-intensive processes,” said Scott Sheedy, Chief Financial Officer, Ivany Investment Group. “The software has decreased our reliance on spreadsheets and reduced the time spent on manual tasks by more than 50%, vastly improving our level of efficiency. FundCount’s flexible, consolidated reports further streamline our operations.”
Alex Ivanov, CEO and founder of FundCount, said, “As investment complexity increases, the limitations of spreadsheets and difficulty of aggregating information from disparate systems become more apparent. We are pleased that Ivany Investment Group is reaping the benefits from FundCount’s integrated platform. We are delighted to add the company to our growing roster of clients in the region.”