All businesses are looking for ways to reduce costs while being more productive, and one way to help achieve both is by looking to web-based solutions. While many industries are open to the enhancement of outside software as a service, many companies in the financial industry are slower to the acceptance of an outside software firm spearheading the precious numbers and reports of their firms. That being said, a few firms have been able to integrate into some of the top finance and accounting institutions across the country to deliver both time and monetary solutions.
Yardi Systems, Inc.: Yardi Systems, Inc. has grown dramatically to become the leading asset and property management solution for the real estate industry. Yardi has set the standard for real estate software solutions for commercial, residential or mixed real estate portfolios. From marketing website capabilities to attract new customers to strengthening investor confidence with automated complex portfolio accounting and corporate transparency, Yardi offers superior tools for real estate firms to centralize and manage every aspect of their business.
FIPPEX: FIPPEX, is a customizable, web-based investor communication software that allows firms to share all information and updates with investors with just the click of a button. The FIPPEX platform integrates directly onto the private equity company’s website to streamline capital raising and investor reporting processes while facilitating legal compliance. FIPPEX increases accessibility of firms to investors and also saves the firms the time and administrative costs of reporting. Since its foundation in 2008 and official launch in January 2009, FIPPEX has quickly grown to manage and report over $10 billion in capital assets under management of private equity firms and offers transparency of their investments to over 1,000 unique investors.
Sabrix, Inc.: Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers services to outsource and reduce the costs of achieving tax compliance and services to integrate a company’s existing accounting and e-commerce systems.
Rivet Software: Rivet software and services allow firms to incorporate XBRL compliance to the SEC into their existing reporting systems. Rivet software pulls data virtually from not only the company but the rest of the world, including global public filings, internal accountings systems, and virtually any company or shared database, for a comprehensive evaluation of financial information. The software also automatically populates reports from internal systems to produce benchmark reports and other report to gain insight into how other firms are reporting their financial and footnotes.
About Fippex:
FIPPEX is a secure web-based platform that allows firms to share information with investors with just the click of a mouse. FIPPEX streamlines capital raising and investor reporting processes, all while facilitating legal compliance. With FIPPEX, clients are able to simplify life so the focus can be placed on managing relationships, raising capital and creating returns. For more information or to see of a demo of how Fippex works, please visit Fippex.com.