Average Ratings 0 Ratings
Average Ratings 1 Rating
Description
Allocations serves as a comprehensive cloud platform designed for general partners, syndicate leaders, emerging fund managers, and private investment firms to establish and manage special purpose vehicles (SPVs) and private funds. By integrating entity formation, banking arrangements, document creation, investor onboarding, compliance processes, and fund administration into a cohesive workspace, it streamlines the operational workflow. Fund managers can efficiently draft operating agreements and subscription documents, gather KYC and accreditation data, oversee commitments and capital calls, and maintain accurate fund accounting and capital account records. Additionally, the platform facilitates the processing of distributions and grants investors easy access to essential fund documents and tax reporting. Offering administrative support, Allocations includes the option of a dedicated fund accountant for fund planning and tax preparation services. The platform is versatile, catering to venture capital and various private asset strategies, and provides options for SPV and fund structures, including cross-border vehicle capabilities. This multifaceted approach ensures that users can navigate the complexities of fund management with greater efficiency and clarity.
Description
Software for fund accounting and non-profits that addresses the unique fiscal needs of nonprofits. Only SaaS solution that seamlessly integrates fund management, fundraising (CRM), and payroll. Create FASB-compliant reports, prepare grant reports, audits, and an annual IRS 990. Transparency in financial reporting and proper stewardship of donor money. All functional expenses, grants, and program activity are tracked. Accounting modules include Accounts Payable and Accounts Receivable, Direct Cost Allocations, Indirect Cost Allocations and Purchase Orders. Payroll allows you to assign employee salaries and payroll taxes to programs according to hours worked or percentages. Fund Raising tracks all donor activity, sends donation receipts, and ends the year with donor statements. To measure the effectiveness of fund raising campaigns, track fund raising activities. This tool provides management with the tools to monitor all programs in order to ensure that your mission is sustained.
API Access
Has API
Yes
API Access
Has API
No
Integrations
Diversified Billing
No
FastFund Nonprofit Fundraising
No
Martus
No
Integrations
Diversified Billing
Yes
FastFund Nonprofit Fundraising
Yes
Martus
Yes
Pricing Details
$9,950 one-time
Standard SPV: $9,950 one-time for up to 35 investors, one close, one VC asset, and a five-year term. Fund plan: $19,500 per year; K-1 preparation is an add-on. Additional fees may apply for extra investors, closes, asset types, and services.
Free Trial
No
Free Version
No
Pricing Details
$42.00/month
Monthly licensing fees. Bundles discounts available.
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Allocations
Founded
2019
Country
United States
Website
www.allocations.com
Vendor Details
Company Name
Araize
Founded
1985
Country
United States
Website
www.araize.com
Product Features
Fund Accounting
Accounts Payable
No
Accounts Receivable
No
Activity Tracking
No
Asset Management
No
Bank Reconciliation
No
Budgeting & Forecasting
No
Compliance Management
No
Donor Management
No
General Ledger
No
Partnership Accounting
No
Purchasing & Receiving
No
Product Features
Fund Accounting
Accounts Payable
Yes
Accounts Receivable
Yes
Activity Tracking
Yes
Asset Management
No
Bank Reconciliation
Yes
Budgeting & Forecasting
Yes
Compliance Management
No
Donor Management
Yes
General Ledger
Yes
Partnership Accounting
No
Purchasing & Receiving
No