Penny It Works

Penny® is the software solution hedge funds and investment advisors have been waiting for.

This easy-to-use multi-currency system integrates partnership and shareholder accounting for funds.
It also includes a general ledger, allocation system, and accounts payable for management companies.

The software was built to automate data entry, generate reports in an instant, and
integrate seamlessly with other systems - streamlining the complex work of managing investment partnerships and funds. It also has extensive private equity capabilities.

If you use Penny® - It Works fund administration software, then fast and accurate investor reporting is more than wishful thinking.

Finally, fund administrators and accounting firms can fully automate back-office partnership and shareholder accounting, off-loading the arduous performance estimates, fee calculations, allocations, and tax estimates to a system designed to handle many clients–each with their own fund nuances.

The system handles hedge funds, fund of funds, master-feeder structures, private equity funds, and mutual funds. Penny® can be tailored individually for each fund and client to generate and help distribute customized performance reports and investor statements.