Linedata Expense Management Solution

Manual processes and fragmented workflows make it nearly it impossible to provide the transparency that regulators and investors expect around expense allocation. Our expense management solution ensures equitable expense allocation, facilitates regulatory compliance, and provides effective vendor management using industry best practices. It is underpinned by a dynamic, auditable, digitally driven platform and processes.

• Standardize processes and demonstrate compliance with clear, traceable procedures.
• Create a single source of truth to answer all questions from regulators and auditors.
• Increase client satisfaction with enhanced visibility around fees and expenses.

CFOs, corporate controllers, and CCOs often face fragmented expense information, paper-based audit trails, and the inability to limit access rights based on logins and user profiles. With our co-sourcing solution, those days are history, as you mitigate operational risks by replacing manual tasks and checks with auditable digital processes, dashboards, and documentation for robust financial and compliance controls.

• Control costs and manage risk effectively with data analytics on expenses and vendor costs.
• Ensure expenses are allocated accurately across your funds, with a digital audit trail.
• Systematically prevent fraud and errors with robust wire verification and invoicing controls.

Back-office operations are hard to scale, subject to key person risk, and divert valuable staff time. Without a vendor management system, you might miss discounts or pay for duplicate services. Our experienced accountants will digitally transform your back-office operations using our dedicated platform. We’ll help you optimize staff resources while creating a single, audit-ready source of truth around vendors and expense allocation.

• Shift valuable staff time from expense management to value-add responsibilities.
• Replace inefficient, paper-based wire transfer processes with secure digital workflows.
• Eliminate errors from manual or ad hoc processes and inadequate knowledge and skills.

Linedata’s Expense Management Solution uses a cloud-based, scalable vendor management and expense management platform for the asset management and alternative funds industry. Purpose-built to address the compliance, accounting and oversight needs of CFOs and finance teams, it streamlines and digitizes the complex back-office processes that underpin fund management.