Elevate Your Family Office Wealth Management with Sage Intacct
Having the right financial management tools is important in the fast-paced world of family offices, where wealth management and diverse lifestyle requirements are constantly evolving. Sage Intacct, a cutting-edge cloud accounting software, empowers both single and multi-family offices to navigate complex financial processes, meet regulatory demands, and provide invaluable insights as a unified source of truth.
Multi-Entity Management Tailored for Family Offices
As family offices expand, manual processes can drain productivity and hinder effective data analysis. Juggling multiple holding and operating companies, addressing investor demands for complex and frequent reports, and adapting to regulatory changes can be daunting.
Sage Intacct’s financial accounting software is purpose-built for these challenges. Clients in the asset management sector have experienced efficiency gains of up to 50%, allowing them to focus more on strategic decision-making.
Sage Intacct’s features include intuitive core accounting with a dimensional general ledger, seamless consolidation, drill-down capabilities across multiple entities and funds, user-friendly reporting and dashboards, workflow automation, and a robust audit trail.
Real-Time Visibility and Insights
In the world of family office wealth management, having real-time visibility into financial and operational metrics is crucial for data-driven decisions. Sage Intacct’s robust real-time reporting allows users to consolidate and drill down by various parameters (including user-defined dimensions) like operating company, location, customer profitability, instrument, currency, and more, all within minutes.
Every transaction in the system is tagged with dimensions, allowing finance teams to sort, view, filter, and report on the specific information they need. This functionality empowers asset management clients to spend less time creating financial statements and more time analyzing them.