KnowLedger is a data service that moves data from portfolio accounting systems and custodians with a rules-based 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 the data from your source data to your GL.
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.
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.
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.