Use Case Proposal for Fund Accounting – Automating Accounting Precision for Fund Administrators with Scalata
Fund accounting is the backbone of fund administration, responsible for net asset value (NAV) calculations, capital call processing, and distribution waterfalls. However, traditional workflows depend heavily on manual reconciliations, complex spreadsheets, and error-prone data entry—draining operational capacity and increasing compliance risks.
Step 1: Addressing Manual, High-Risk Accounting Processes
- Your fund accounting teams spend significant time performing repetitive reconciliations across disparate data sources, calculating NAVs using fragile spreadsheet models, and manually validating capital calls and investor distributions. This labor-intensive process slows cycle times and exposes operations to costly mistakes.
Step 2: Building an Intelligent AI-Driven Accounting Core
- Scalata automates data ingestion and normalization from diverse sources including broker feeds, subscription documents, and legal agreements. Our AI creates a single, reliable data foundation for the entire accounting lifecycle, enabling seamless transaction matching, anomaly detection, and automated waterfall calculations.
Step 3: Activating Interactive Accounting Workflow and Issue Resolution
- Scalata empowers accountants with conversational AI tools to interactively query reconciliation exceptions or NAV components. For example, users can ask, “Show the source document and details for this reconciliation break,” enabling rapid resolution by connecting interactive data with underlying documents.
Step 4: Achieving Full Fund Accounting Automation
- Scalata automates NAV calculation, investor capital call processing, and distribution waterfall execution end-to-end. The platform generates investor statements, regulatory filings, and AI-written fund performance narratives, dramatically reducing manual effort and accelerating close cycles.
The Strategic Outcome with Scalata:
Your fund administration operation transforms from a manual, error-prone back office into a highly efficient, scalable, and technology-driven function. This not only cuts operational costs and reduces errors but also enables delivery of superior client service and compliance assurance.
