Black River understands the many unique challenges and complex wealth management scenarios of ultra-wealthy ultra-high net worth families and their offices. Increasingly complex and sophisticated ownership structures, along with diversification into alternative assets, require real-time access to a broad spectrum of information from a wide range of sources. You need the flexibility to navigate global consolidations across a variety of entities and currencies.
We’ll implement a solution that provides access to the clear and concise financial data you need, while creating efficiencies by eliminating mundane operational tasks and thereby providing staff the opportunity to focus on more critical tasks.
Sage Intacct’s cloud-based accounting software helps family offices seamlessly integrate and manage your financial processes and provide value to the families you serve. With the increasingly complex structure of the ultra-high net worth market, Sage Intacct’s cloud-based system simplifies and streamlines accounting operations.
Black River and Sage Intacct provide:
- Continuous multi-entity consolidation of complex global financials — in minutes, not hours or days.
- Shared dimensional Chart of Accounts that reduces churn, saves time and boosts efficiency.
- Real-time shared access within and across entities.
- Improved data accuracy and better transparency, resulting in decreased cost and compliance risk.
- Instant access to both financial and operational metrics.
- Timely and actionable reports.
- Cloud-based efficiencies that save you money compared to your legacy systems.