KnowLedger

Get out of data entry and back into accounting.

Move data the smart way.

Are you trapped in a never-ending pattern of compiling detailed reports, reconciling data issues, manually re-keying endless transactions, and spending more time on data than decisions? If so, KnowLedger might be right for you.

  • Move data from anywhere to anywhere
  • Integrate with any system
  • Smart, rules-based movement ensures accuracy
  • Managed by our highly experienced team

From
Anywhere.

  • Backstop
  • Custody Data
  • Addepar
  • SS&C Advent Axys / APX
  • Black Diamond

Through 
KnowLedger.

  • Creation of Debit/Credit Journal Entries
  • Tax Withholding on Foreign Income
  • Journal Entries across All Partners
  • Automatically Detect Rejections
  • Exception-based Administration and Rules Creation

To
Anywhere.

  • Intuit Quickbooks
  • Sage Intacct
  • FIS
  • Microsoft Dynamics
  • JD Edwards
  • Backstop

KnowLedger is an expert data migration service that can move data from anywhere to anywhere with a rules-based management approach that ensures accuracy, completeness, and data confidence. Our team works closely with you to establish mappings and data flow, then oversees the recurring movement of financial data from your source data, such as portfolio accounting systems, to your GL–often on a daily basis.

KnowLedger has helped to free up our accountants who now can focus on reviewing the data and making decisions.

Phil Smith, GCI

KnowLedger is NOT software.
It is peace of mind.

At its heart, KnowLedger is a service that moves data from one (or more) system to another, your portfolio accounting system(s) to your GL. But in order to do that successfully, you must have good source data, good rules and mapping, good workflows and diligent data entry with unbelievably-focused attention to detail. KnowLedger does all of that for you. We not only move your data, but in doing so, we simultaneously audit your data health. We monitor your entity and portfolio rules. We eliminate data entry problems. Eliminate redundancy, re-keying. Eliminate latency. And deliver up-to-date accuracy across your integrated financial network.

Firms want solutions that free up their resources to focus on their core business, not wrangling data.

Ryan Kerry, Founder, Accusource

Eliminate Data Headaches

  • Period-end processing is time consuming
  • Getting everything in on-time is stressful
  • Re-keying is error-prone and costly
  • Late data causes delays in decision-making
  • Reallocate accountants' time away from data entry

KnowLedger can enter the data much more frequently than accountants doing it manually. This means problems are found and fixed more quickly, intra-month. Therefore, the month end process lasts only a few days.

GETTING STARTED

Onboarding starts with a questionnaires, data spreadsheets, an on-site interview process, and analysis of your Chart of Accounts. From these sources we are able to determine the level of complexity involved with your accounting environment.

CONNECT TO ANYTHING

Since KnowLedger is a service, not a software platform, it works with any portfolio accounting system and any general ledger system. We maintain a library of systems and have designed the flexibility of our service as an integral part of the process.

MORE FREQUENT UPDATES

Our clients ultimately determine the frequency for updating the GL, but many operate as frequently as daily. This enables faster data correction, greater accuracy, and an efficient period-end reconciliation.

KnowLedger is ideal if you…

  • Struggle to meet period-end deadlines
  • Are resource-constrained
  • Want to update your GL more frequently
  • Want to improve your ability to provide detailed reporting from the GL

If your office is trapped in a never-ending pattern of compiling detailed reports, reconciling data issues, manually re-keying endless transactions, and spending more time on data than decisions–KnowLedger might be right for you.

Learn how KnowLedger can benefit your office

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