Join the Investment Journal Entry Network

Automate data entry to get your investment data into your general ledger.

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Investment Journal Entry Network Process

Ingest
Map
Control
Post
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Ingest

Automatically Aggregate Data

  • Pull investment activity from performance systems, custodians, and data aggregation platforms.
  • Established secure connections that eliminate errors and inconsistencies
  • Streamlines data collection

Why Ingest With Automation:

  • Eliminates human data entry error
  • Lets accountants get out of data entry and back to accounting
  • Adds efficiency and speed to the data entry process
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Map

Ensure Consistent Journal Entries

  • Maps data sources to the general ledger
  • Uses business, investment, and accounting rules to create Journal Entries (JEs)
  • Starting with guidance from your team, KnowLedger continually adapts with new rules and data detection

Why Our Map Is More Precise:

  • A rules engine processes the source transactions EXACTLY the same way every single time, unlike a human based process.
  • KnowLedger's speed lets it create JEs for every transaction
  • The additional JEs and mapping enriches the reporting out of your GL

Control

Optimize and Organize Processes

  • Accessing data from source systems to assign Sage™ dimensions, adding asset class, custodian, or other fields to journal entries
  • By assigning allocation rules to entries, Sage can allocate one JE to all the correct owners

Why Enhanced Data is Better:

  • Outperforms human data entry with the amount of data it can process following a rules-based process
  • As KnowLedger ingests source data, it tags additional sub-accounts (dimensions) to improve the reporting and dashboards out of your GL
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Post

Streamline Secure Data Transfer and Entry

  • KnowLedger’s API connectivity allows it to quickly journalize and post entries directly in the general ledger leveraging the functionality of the GL application
  • The advanced API integration provides both a secure and efficient connection to source data and GL
  • Using insightful data validation rules, any data not mapped correctly gets automatically rejected and flagged for your attention

How KnowLedger Transforms Posting:

  • KnowLedger is FAST. The speed of data transfer is not comparable to a human data entry professional
  • KnowLedger posts all the data for a period, which could be hundreds or even thousands of entries
  • KnowLedger’s speed allows for the creation of every transaction as a JE, not just rolled up summary entries
  • Eliminate limitations of human data entry, and enable a richer data analysis and reporting experience on the GL side

You should not have to waste time and money wrangling data. Let us automate your process to get your team back to review and reconciliation.

Ryan Kerry, CEO, KnowLedger