Solutions
Corporate fund
Investment capital belonging to a company, often its treasury or investment arm.
No credit card. Nothing is charged until your first 30 days are over.
What this kind of fund is
Company money invested for return rather than operations: a treasury portfolio, an investment subsidiary, or capital set aside for a specific purpose. The administration has to survive an audit and reconcile to the company's own books.
What the administration actually involves
Corporate investment capital has a reader that private capital does not: the auditor. Whatever you use to administer a treasury portfolio or an investment subsidiary has to produce figures that reconcile to the company's own books, hold still once a period has been reported, and show where each number came from when somebody asks in March about a valuation from last August.
That is the shape of FundFlow's controls rather than a feature added for it. Every computed figure keeps its inputs and its formula. A locked month is immutable at the database level, and reopening one is restricted to administrators and requires a written reason that is stored with the event. Four reconciliation checks run on every calculation, and a failing one blocks the lock rather than warning you.
What makes it hard
A period that was already reported changing
In a shared file nothing stops an edit to a month that has been through the audit. The change is silent, and the version that was reported no longer exists anywhere.
Separation of duties that only exists on paper
A single file has one permission level. Whoever prepares the figures can also approve them, which is exactly the control the internal control framework says is in place.
Reconciliation as an afterthought
Comparing balances to the valuation is usually a step somebody remembers to do. When it is skipped, the month closes anyway and nobody knows until the year-end.
How FundFlow fits
Figures your auditor can follow
Every computed number keeps its inputs and its formula, locked months cannot be edited, and reopening one leaves a written reason on the record.
Reconciliation as a gate, not a habit
Four checks run on every calculation, comparing bank and broker balances against NAV and the sum of holdings against fund assets. A failing check blocks the month from being locked.
Roles that match your internal controls
Administrator, editor, viewer and reviewer, enforced in the database. Turn on NAV confirmation and the person who prepares the month cannot be the one who signs it off.
Questions managers ask
Can we require two people to sign off the monthly NAV?
Yes. Turn on NAV confirmation for the fund and the person who prepares the month submits it rather than locking it, and somebody else confirms. The preparer cannot be the confirmer. It is a setting per fund, not a plan upgrade.
What happens if a reconciliation check fails?
The month cannot be locked. Four checks run on every calculation: bank balances against NAV, broker balances against NAV, the sum of holdings against fund assets, and fees calculated against fees paid. Overriding a failing check is administrator only and deliberately awkward, and the override is on the record.
Read how these parts work
The parts of FundFlow this kind of fund leans on most.
Run one month the way your auditor would want it run
Set the fund up, close a month with the reconciliation checks on, and lock it. Then try to change a figure in the locked month and watch the database refuse.
In your first session
- Create the fund, register the bank and broker accounts, and set the roles for whoever prepares and whoever reviews.
- Turn on NAV confirmation so the month has to be submitted by one person and confirmed by another.
- Close a month, let the four checks run, lock it, and open any figure to see its formula and inputs.
No credit card. Nothing is charged until your first 30 days are over.