We offer expense management and financial reporting services for both our individual clients as well as their business entities. Using a secure web-based platform, clients can access their personal bill pay website at any time from anywhere, giving them a high degree of flexibility and freedom from the typical time and location obstacles that a busy personal, business or travel schedule imposes on the practical demands of managing their bills and cash flow requirements. Our expense management solutions are customized to meet each of our clients' unique needs.
We use an expense management platform that is state-of-the-art in terms of identity protection and functionality. It was specifically designed to serve ultra-affluent families that have multiple entities and complex chart of account needs. The system makes it easy for clients, or their delegates, to approve each and every bill if they prefer, or to set parameters to have many of the recurring bills paid automatically if they meet pre-set criteria. All bills are scanned and filed by vendor, allowing for quick and easy retrieval when the need arises. In addition, cash transaction history and balances are available at all times via the website.
From a reporting perspective, the information gathered through our expense management process is combined with our portfolio accounting system data and used to generate financial statements, net worth statements, cash flow reports and other useful financial reports. The entire client service team uses this financial information to facilitate our detailed integration process.
Services offered within the context of our expense management and financial reporting capabilities include:
