FundCount

FundCount


4.5 / 5
6 reviews

Who Uses This Software?

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


Average Ratings

6 Reviews

  • 4.5 / 5
    Overall

  • 4 / 5
    Ease of Use

  • 4 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Deployment
    Installed - Mac
    Installed - Windows
  • Training
    Documentation
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • FundCount
  • www.fundcount.com
  • Founded 2001
  • United States

About 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 Features

  • Accounting Management
  • Benchmarking
  • Bonds
  • Client Management
  • Commodities
  • Compliance Management
  • Equities
  • Fee Management
  • Fund Management
  • Futures
  • Payroll & Commissions
  • Performance Metrics
  • Portfolio Management
  • Risk Management
  • Stocks
  • "What If" Scenarios
  • Audit Trail
  • Balance Sheet
  • Cash Management
  • Consolidation / Roll-Up
  • Forecasting
  • General Ledger
  • Income Statements
  • Multi-Company
  • Multi-Department / Project
  • 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

FundCount Reviews Recently Reviewed!


Full House

Oct 14, 2018
5/5
Overall

4 / 5
Ease of Use

4 / 5
Features & Functionality

5 / 5
Customer Support

3 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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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.

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

FundCount Review

Oct 12, 2018
5/5
Overall

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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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.

FUNDCOUNT

Oct 19, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality
Likelihood to Recommend: 9.0/10 Not
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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.

Overall: 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.

Losing capabilities

Oct 23, 2018
3/5
Overall

4 / 5
Ease of Use

3 / 5
Features & Functionality

3 / 5
Customer Support

2 / 5
Value for Money
Likelihood to Recommend: 5.0/10 Not
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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.

Overall: 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.

Vendor Response

by FundCount on October 30, 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.

Sophisticated yet Easy to Navigate

Oct 19, 2018
5/5
Overall

4 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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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.

Software Features

Dec 03, 2014
4/5
Overall

4 / 5
Ease of Use

3 / 5
Customer Support

Comments: It has great features that are required by any Asset Management Company in order to keep fund portfolios, mutual fund management actually products they offer and enchanced investor relation module.

But unfortunately i did'nt find any free version or trial one.