Summary
NRS provided an accounting and reporting solution to the CIO office of a large, non-profit organization that required advanced support for their alternative investment program. The end product included highly customized reporting functions through secure web utility.
Challenge
- CIO Office had very tight reporting requirements
- Daily updates to investment allocation status by account was critical
- Adjustments to general ledger accounts had to be accommodated efficiently
- Investor statements required specific design parameters
NRS Solution
- Created secure, branded web portal for all investment account data access
- Pushed daily reports on target vs. actual allocation status
- Flexible allocation of all monthly adjustments
- Designed customized account statements
Impact
- Fund reporting was significantly improved
- Investment allocation variances were updated daily
- Discrepancies could now be identified quickly
- Reporting turnaround for adjustments was same day
Why NRS
- We take the time to understand the systemic goals of the client
- We validate each step of the solution build-out to ensure– maximizing end delivery
- We improve the end-to-end process quickly during the initial production cycles – no long waiting periods for system enhancements