Timely payment and documentation of expenses is a critical task for all fund companies and service providers. Incomplete or inaccurate processing of expenses can jeopardize business relationships, delay payments and incorrectly state the expenses associated with a particular investment vehicle.
Unity Expense Payments addresses every phase of the expense payment and documentation function.
With Unity Expense Payments, you can:
And these allow you to:
Unity Expense Payments accelerates the creation of expense documentation, which allows you to:
Designed to support managed investments—such as mutual funds, alternative investments, and variable products—Unity Expense Payments integrates seamlessly with common desktop business applications and lets you automatically manage the entire expense payment function from your existing desktop.
And because all data is stored in a centralized database and reused for multiple purposes, you can be confident that values have been validated and controlled.
Unity Expense Payments is part of the Unity platform, the comprehensive fund administration platform from Confluence. The Unity platform replaces multiple time-consuming, costly, and error-prone manual processes with the ability to achieve mass customization, process consolidation, and complete automation of vital reporting functions through a single source.
Each of the product solutions that comprise the Unity platform is available for installation as part of your company's technology infrastructure, or online for users who prefer a fully-hosted option.
For more information about Confluence products, call 412.802.8632 or contact us.