Who Uses FundCount?

Hedge funds, fund administrators, family offices, private equity funds, and other investment professionals.

What Is FundCount?

FundCount's portfolio & partnership accounting software tracks, analyzes and reports the value of complex investments across portfolios. An integrated multicurrency G/L and automated workflow tools, including direct feeds with brokers/custodians, improve operational efficiency. The software supports a wide range of asset types and portfolio measurement methodologies. Combined with flexible, on-demand client reporting, FundCount brings speed, accuracy and analytical insight to your firm.

FundCount Details

FundCount

http://www.fundcount.com

Founded 2001

FundCount Cost Overview

FundCount does not have a free version and does not offer a free trial.

Free Version

No

Free Trial

No

Deployment

Installed - Mac

Installed - Windows

Training

In Person

Live Online

Documentation

Support

Business Hours

Online

FundCount Features

Financial Reporting Software
"What If" Scenarios
Access Controls/Permissions
Audit Trail
Balance Sheet
Budgeting/Forecasting
Cash Management
Consolidation/Roll-Up
Data Import/Export
General Ledger
Multi-Company
Profit/Loss Statement
Accounts Payable
Accounts Receivable
Activity Tracking
Asset Management
Bank Reconciliation
Budgeting & Forecasting
Compliance Management
Donor Management
General Ledger
Partnership Accounting
Purchasing & Receiving
Compliance Management
Contact Management
Investor Accounting
Investor Reporting
P&L Calculation
Partnership Accounting
Performance Analysis
Portfolio Analysis
Portfolio Management
Accounting Management
Benchmarking
Bonds / Stocks
Client Management
Client Portal
Commodity Futures
Compliance Reporting
Data Import/Export
For Investment Advisors
For Investors & Traders
Fund Management
Modeling & Simulation
Performance Metrics
Portfolio Rebalancing
Real Estate
Risk Management

FundCount Reviews

Showing 5 of 6 reviews

Overall
4.5/5
Ease of Use
4.2/5
Customer Service
4.2/5
Features
4.4/5
Value for Money
3.3/5
Verified Reviewer
Managing Partner
Accounting, 13-50 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 12/10/2018

"FundCount Review"

Pros: The application is the best solution on the market. It is very powerful but simple to deploy and use. The FundCount team provides exceptional customer service if you ever need help.

Cons: This is an excellent product with no real cons.

  • Reviewer Source 
  • Reviewed on 12/10/2018
Nicolaas F.
Head of Operations _ Fund Administration
Financial Services, 13-50 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    4/5
  • Features & Functionality
    4/5
  • Customer Support
    5/5
  • Value for Money
    3/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 14/10/2018

"Full House"

Comments: Great Long Term Relationship, like the fellas over at Fundcount, and respect them and what they built immensely.

Pros: As a small Fund Administrator, we built our operational divisions around Fundcount. We operate with a small footprint thanks to the functionality of Fundcount. It offers a very strong portfolio orientated system, it backs that up with a very strong accounting function and rounds off with a strong investor services function. It is the ability to use one system across our divisions, A to Z, that makes it such a powerhouse and valued partner.

Cons: Fundcount is expensive. That being said, Fundcount has startup pricing mechanisms that allow them to partner early on with small operations such as ourselves and grow together.
As a small, niche enterprise, we choose not to grow to scale and rather service a small client base at very high service levels. Fundcount is a very good partner to do so, however, after staff costs, Fundcount remains our top expense.
That being said, Fundcount is worth the cost and that is why we have been using it for over a decade.

  • Reviewer Source 
  • Reviewed on 14/10/2018
Steven G.
Assistant Professor
Education Management, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    3/5
  • Ease of Use
    4/5
  • Features & Functionality
    3/5
  • Customer Support
    3/5
  • Value for Money
    2/5
  • Likelihood to Recommend
    5/10
  • Reviewer Source 
  • Reviewed on 23/10/2018

"Losing capabilities"

Comments: It gets the job done but it is awkward currently to use. In addition, it is rather expensive for what we are getting form it. We are just doing monthly reporting for a small fund that has infrequent trading.

Pros: I know it well and it is fairly easy to use.

Cons: I now have lost all of the electronic pricing ability so I have to manually type in all prices. In addition more reporting capabilities would be great. In addition, exporting and importing capabilities would be helpful. It is also rigid in some workflow processes.

Vendor Response

by FundCount on 30/10/2018

Dear Steven,
Thank you for your review. We want to bring to your attention that you have not upgraded FundCount since 2012, hence have missed many new features and enhancements. Regarding your comment about ¿pricing ability¿: last year Yahoo Finance announced that they were discontinuing their API for all third-party applications and thus this was out of our control. Yahoo¿s was a free option to download historical prices but we support paid options such as Interactive Data, Bloomberg WS and ThomsonReuters.

  • Reviewer Source 
  • Reviewed on 23/10/2018
David B.
Senior Wealth Advisor
Financial Services, 13-50 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    4/5
  • Features & Functionality
    5/5
  • Customer Support
    Unrated
  • Value for Money
    Unrated
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 19/10/2018

"FUNDCOUNT"

Comments: Overall the experience has been good, and I do feel over time the product has continued to move in the right direction, which is it is always adding useful new features and is improving.

Pros: I like that all my client data is in a database and can be reported, sorted and used in a variety of different ways. I like that the entities are connected in the software and information from one partnership or fund flows through nicely to its owners. Easy to run financials and it is nice to see real allocations schedules for my clients.

Cons: We tend to have problems such as not being able to get into FundCount around updates.

  • Reviewer Source 
  • Reviewed on 19/10/2018
Lori J.
Fund Accountant
Financial Services, 2-10 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    4/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    Unrated
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 19/10/2018

"Sophisticated yet Easy to Navigate"

Pros: I'm very impressed with the versatility and sophistication of the software. It is easily adapted to accommodate the unique nature and reporting requirements of virtually any fund. Customer support is outstanding.

Cons: Software updates occasionally cause unexpected issues. An inconvenience, but the customer team is quick to address and correct problems.

  • Reviewer Source 
  • Reviewed on 19/10/2018