Expense Allocation System (EAS)™
By IntegriDATA, an Indus Valley Partners company
Manual expense allocation across funds lacks accuracy and transparency, often leading to delays, misallocations, and increased regulatory scrutiny. This is why leading asset managers trust the Expense Allocation System (EAS)™ by IntegriDATA, an Indus Valley Partners company.
EAS™ automates complicated allocation rules, reduces the risk of errors, and ensures full compliance, enabling asset managers to streamline expense allocations regardless of portfolio size or complexity. Together with Digital-First IVP Accounts Payable Services, EAS helps firms streamline invoice processing and transaction handling at scale without compromising control.
KEY BENEFITS
Expense Allocation Automation
Easily set up allocation rules across funds, deals, and business segments that can be reused across invoices. Integrate with leading T&E and AP systems automatically with pre-built connectors. Capture invoices with OCR to eliminate manual scanning and coding.
Robust Reporting
Instantly generate expense reports for management or compliance with powerful, out-of-the-box reporting and customizable options in all major formats, including CSV, Excel, and JSON. Tailor Power BI dashboards and data grids to enhance the viewing experience for each user.
Better Compliance
Prevent misallocation penalties with EAS by automating allocation policies. EAS provides a complete audit trail, detailed allocation practices, and exception reporting, all designed to meet fiduciary duty and SEC expectations for seamless auditor review.
Higher Accuracy
Automatically calculate and apply sharing percentages to eligible funds, consolidating accounts payable firmwide for accurate reporting. EAS also supports flexible allocation rules to detect and correct discrepancies.
Increased Efficiency
EAS allocates expenses instantly and integrates with internal accounting systems to automatically book expenses to the general ledger, speeding up payment processing and management company reimbursement.
Enhanced Transparency
EAS provides investor disclosures for passthrough expenses, accurate tracking of dead deal costs, and a reliable framework to ensure allocations align with fund agreements and policies.
What’s Possible with Expense Allocation System
Vendor Management
Expense Allocation
Accounts Payable Tracking
Expense Reporting
Budgeting
Vendor Payments
Expense Capture and Tracking
Contract and Services Management
Integration with GL systems
Key Capabilities
Expense Allocation Simplified
Digital Fund Agreements
Digitize fund expense policy to ensure allocations are always made according to fund agreements.
Allocation Intelligence™
Automate expense allocation decisions to improve efficiency in large private equity and hedge funds.
Smart Workflows
Tailor dynamic approval workflows to your exact needs and approve allocations remotely by email.
Deal Allocations and Reallocations
Allocate expenses to deals and instantly reallocate when deals close or break.
Sharing Percentage Calculations
Dynamically calculate and apply sharing percentages using AUM, NAV, or any other metric.
Invoice and Receipt Capture
Automatically capture emailed invoices and receipts for easy management and approval.
Reporting
Consolidate expenses firmwide, visualize data, and identify expense patterns rapidly.
Intelligent Invoice OCR
Automatically scan invoices, extract key data, and load extracted details into EAS.
Vendor Management
Manage vendors, services, and agreements with alerts for expirations, renewals, and more.
Fund Billing and Reimbursement
Automatically create and send fund invoices to expedite reimbursement.
Leading Support
Enjoy the industry’s best support provided by subject matter experts based out of New York City.
Soft Dollar
Track balances, allocate, and pay expenses using soft dollars.
Auditing
Track every allocation and user action for robust audit reporting.
Automated Allocation
Automate allocation processing for every method, including fixed, dynamic, direct, and multi-level.
Integrations
Integrate with accounting and expense systems to collect expenses, pull metrics, and post journal entries for true straight-through processing.
Consolidate Expense Management in One Place
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Finding The Right Solutions
IVP’s offering has the breadth found at the largest global, multi-line technology providers combined with the specialized knowledge, innovation, and service found at leading boutiques.
Asset Management
CLO Managers
Credit Managers
Family Offices
Fund of Funds
Infrastructure Funds
Long Biased Funds
Long Short Funds
Private Debt Managers
Private Equity
Real Estate Funds
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