Expense and AP Software Custom Built for Alternative Asset Managers

We have domain expertise in the private equity industry. We know your business model and the types of challenges you face at every step of your expense reporting cycle. At the same time, we recognize that every investment firm has its own unique way of operating. With our in-depth experience and flexible solution, we have the ability to meet your firm’s specific needs, however nuanced or complex.

Absolutely! We have many ways to let you split across multiple deals, funds, or other investor groups. This feature is essential for fund of funds or firms who need to track investments in multiple funds from the same GP.

Yes. We work with all major accounting systems including QuickBooks, Sage Intacct, Microsoft Dynamics, NetSuite etc. and more.

Expenses incurred while performing due diligence and managing portfolio companies can be substantial. We capture your data from all sources in one centralized system, giving you real time insight into who is spending what and where. Find out at a glance what your potential receivables are and the hard dollar costs of fundraising, sourcing deals and managing projects. Then use our built-in invoicing module to generate customized invoices in seconds, expediting the recovery of expenses from portfolio companies, partnerships or closing deal fees.

TripsWare can be rolled out quickly and requires no downtime to implement. Once we receive your company profile information, we can have you set up and trained in as little as one week. No client-side hardware, software, backups, maintenance, or IT staff necessary.

TripsWare is available as a monthly subscription service. Fees are based on number of users and features provided. Please contact us for more information.

Smaller firms have an even greater need to leverage back office technology. The time saved by submitting reports electronically, importing the expense items to your GL, tracking recoverable expenses more effectively more than offsets the cost of our service.

That’s our specialty. We design custom export files for every client to meet their business rules and accounting requirements. We will also make recommendations to optimize your GL set up and improve your ability to track expenses.

No, simply sign up and pay as you go. You can cancel at any time.

No, we can integrate TripsWare to existing processes and policies. There’s no need to change general ledger codes, names, procedures etc. Of course, we will share best business practices with you if you would like to update any policies or need advice on migrating from a legacy system.

Often, corporate invoices for legal fees or professional services need to be allocated in the same manner as T&E expense reports and can often be recharged to funds or deals. Our vendor module lets you allocate invoices, submit them to the correct department for approval, andimport them to your accounting system.