Månedsarkiv: marts 2014

investment accounting software

Investment Accounting Software for Your Accounting Needs

Accounting for your investment portfolio can be demanding. You need to book journal entries, prepare financial reports and disclosures, reconcile activity and statements, field questions from auditors and stakeholders, assemble board packages, and keep up with the changing accounting regulations. But would it be great if you can streamline all these processes, and increase your precision and accuracy at the same time? With investment accounting software, you most certainly can.

Investment accounting software is accurate, powerful, precise and robust – and it is updated on a daily basis. No other investment accounting software can give you up to the day, audit quality accounting information, regardless of the number of accounts, security types or custody banks that you might have. Below are a few features that the right investment accounting software system can offer you.

Customized general ledger entries. With investment accounting software, you can close your books with unparalleled accuracy and speed. Journal entries can be configured to match your specific chart of accounts and GL codes, which facilitates automatic entry into your general ledger system. Also, all the detailed data is available any time you need it to aid in the reconciliation and audit of your entries.

Complete financial statement disclosures. Manually preparing multiple investment disclosures for your financial statements is a cumbersome process. With investment accounting software¸ you get a comprehensive set of investment disclosures that are available at the click of a button.

By design, investment accounting software is multi-basis. The system is able to easily handle portfolios of various complexity. Whether you only need single basis accounting, like GAAP or IFRS, or you need to account for a global portfolio with various accounting bases, with investment accounting software, you are completely covered. And what’s more, the system is constantly evolving to incorporate new accounting rules and regulations.

pension fund management software

What is a Digital Asset Manager System?

If you take the literal translation of what a digital asset is, then in essence, it is any kind of media that has been converted onto an electronic format that has a value to a company. This, however, can result in a degree of confusion as a document asset manager system and records asset manager system are also used to store digital assets. It will also not surprise you to hear and read DMS and RMS supplies, even WCMS suppliers, all talking about how they give for digital asset management.

What are the types of asset manager systems used in organizations? While assets can be managed either as media catalogue or as an asset repository, there are various common uses of asset manager systems that can found in organizations:

Library Asset Management Systems. This is an asset manager system that focuses on storage and retrieval or large amounts of assets that are historical in nature and do not frequently change. This includes video footage of old news or events, or images stored because of their value as a snapshot.

Brand Asset Management Systems. This is a typical asset manager system that has a focus on encouraging the re-use of content in large organizations. Usual types of asset can be company’s logo or centrally controlled imagery.

Production Asset Management Systems. This is a typical asset manager system that focuses on storage, organization, workflow and revision control of frequently changing digital assets. Typical examples of this are assets used for marketing collateral, product catalogues and online web pages.

Digital Supply Chain Asset Management. This is a typical asset manager system where the assets managed are distributed to retailers either as an assistive or costed service. The assets tend to depend on the industry being supplied but could be images and video of a new phone to mobile phone stores.