Penny - It Works

“We looked at every investment partnership & shareholder accounting system on the market…

Penny^® was the only
one that handled both –flawlessly.”COO – 6 Billion Hedge Fund

If you're still using 1990's accounting systems – its time to stop.

Penny^® is built on state-of-the-art .NET technology.

Its easy-to-use interface includes multi-tasking and universal search.

We love Excel^®, but trying to use it for the complexities of alternative investment partner and shareholder accounting is like trying to build a rocketship with Cheerios^®…

…it can probably be done, but it isn't the right tool for the job.

There are a lot of different shareholder accounting & investment partnership accounting systems.

But Penny^® is the only software on the market architected from the outset to handle both onshore and offshore entities.

Initialize at any point in time, and backload historical data later.

Easily import data from spreadsheets or portfolio accounting systems

Override any system calculation manually, with a full audit trail of what changes were made.

Calculate pre- and post-incentive performance for both investors and funds.

Easily customize built-in investor statements.

Use monthly, quarterly, or custom periods.

Present results in both tables and charts.

Handle management company or family office G/L, A/P, and budgeting in the same system you use for fund accounting.

Allocate expenses across funds and investors.

Create checks & wires.

Visualize complex master/feeder structures.

Investors rightly demand accurate and timely financial statements.

Penny automates fee calculations, and handles inter-twined funds as well as complex side-pockets.

Built-in workflow tools ensure accurate fund administrator statements.

Import data from any trading system.

Allocate realized gains with full or partial netting.

Generate K-1 forms and tax estimates.

Handle directed gains on full or partial withdrawals.

Export to GoSystem^® and Prosystem^®.

…representing 150 billion in assets –including some of the largest names in the industry – use Penny^®.

Shouldn't you find out why?

Call (914) 358-0016
today to arrange your
free demo.