Allocate Expenses. Instantly.
Everything private equity and hedge funds need to collect, approve, and allocate expenses to ensure regulatory compliance.
Get allocations right, every time. Automatically calculate and apply sharing percentages only to funds eligible to take an expense. Consolidate accounts payable firmwide and enjoy easy access to precise expense reporting.
Expense allocation used to take hours; now it takes seconds. EAS allocates instantly and integrates with your accounting systems to automatically book expenses to the general ledger, speeding up payment processing and management company reimbursement.
Prevent misallocation penalties. Use EAS to automate allocation policy and ensure expenses are always allocated according to fund agreements and disclosures.
Accurate. Efficient. Compliant.
The manual process for allocating expenses across funds is notoriously convoluted and opaque. Complicated Excel-based allocations often contain hidden mistakes due to a lack of controls. Allocation mistakes put asset managers at risk for reimbursement delays or misallocations. Millions in misallocation penalties have confirmed these issues industrywide, prompting the SEC to make expense allocation an investigative priority.
IntegriDATA Expense Allocation System (EAS) brings control, consistency, and precision to expense allocation. Automatically allocate expenses with EAS to improve accuracy, increase efficiency, and ensure compliance.
EAS Expense Allocation Software Benefits
- Add transparency, control, and oversight to the expense allocation process.
- Ensure allocations are performed according to fund agreements, fiduciary duty, and SEC expectations.
- Centralize management and approval of invoices, vendors, and allocation rules.
- Enforce control with user roles and approval workflows.
- Automate the expense allocation process and perform complex allocations with a single click.
- Improve productivity and reduce waste in accounting, compliance, and accounts payable.
- Apply allocation policy programmatically and eliminate misallocations.
- Automate allocation processing and minimize the risk of human error.
- Instantly generate reports for management or compliance with a firmwide view of expenses.
- Easily access detailed allocation and accounts payable audit trails.
EAS offers Accounts Payable, T&E, and Time Tracking features so you can consolidate expense management in one place.
AP automation designed from the ground up for private equity and hedge fund managers.
Travel & Expense
Capture, approve, and allocate T&E expenses with EAS. Already have a T&E system? Integrate with EAS for automatic allocations.
Track employee time to allocate compensation or other services using time as an allocation metric.
EAS Expense Allocation Software Features
Automatic allocation processing for every allocation method, including fixed, dynamic, direct, and multi-level.
Sharing Percentage Calculations
Dynamically calculate and apply sharing percentages using AUM, NAV, or any other metric.
Invoice & Receipt Capture
Automatically capture emailed invoices and receipts for easy management and approval.
Dynamic approval workflows tailored to your exact needs. On the go? Easily approve by email.
Expense allocation decision making for large enterprise private equity and hedge fund managers.
Digital Fund Agreements
Digitize fund expense policy and ensure allocations are always made according to fund agreements.
Never miss another renewal. Manage vendors, services, and agreements with alerts for expirations, renewals, and more.
Consolidate expenses firmwide and instantly generate detailed spend reports.
Deal Allocations & Reallocations
Allocate expenses to deals and instantly reallocate when deals close or break.
Track balances, allocate, and pay expenses using soft dollars.
Fund Billing & Reimbursement
Automatically create and send fund invoices to expedite the reimbursement process.
Enjoy the industry’s best support provided by subject matter experts based out of NYC.
Integrate with accounting and expense systems to collect expenses, pull metrics, and post journal entries for true straight-through processing.Learn More
Track every allocation and user action for robust audit reporting.
“[EAS] is the solution we’ve been waiting for”
Read the Brochure
Improve accuracy, increase efficiency, ensure compliance. Learn more in the brochure.Get Brochure
See EAS in Action
EAS is used by private equity and hedge fund managers to increase efficiency and ensure compliance. See why.Request Demo