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What is Verivend?

Easily send and receive capital calls from any device within seconds, removing the inconvenience of waiting for checks, managing wires, and keeping track of unpaid capital commitments. Now, you can execute instant payments to investors and allocate funds to projects swiftly, which minimizes reliance on traditional checks and improves the overall experience for your stakeholders. While managing incoming capital alongside outgoing payments can often be tedious, our service provides you with comprehensive insight into when each capital call is viewed, accepted, and finalized, guaranteeing full transparency and real-time updates for every transaction. Utilizing insecure methods for sharing sensitive information raises the risk of legal complications surrounding capital transactions. With Verivend's secure, cloud-based Digital Wallet, featuring advanced encryption, you can bypass the challenges of exchanging and storing sensitive banking information or managing fragmented escrow accounts, facilitating a more seamless and secure financial operation. This innovative strategy not only simplifies the process but also safeguards the interests of all parties involved, ensuring a trustworthy environment for all transactions. Ultimately, this system enhances the efficiency of capital management while fostering confidence among investors and project managers alike.

What is Relevant EquityWorks?

Fund accounting software and investor management systems play a crucial role in effectively monitoring interactions with investors, contacts, and third-party representatives. Furthermore, fund administration tools facilitate the seamless management of fund entities, including handling closings, commitments, capital accounts, and transactions. With the help of portfolio management applications, you can maintain oversight of various investment components, such as portfolio companies, properties, securities, revaluations, and shareholder tables. It is essential to offer your investors what they value the most: detailed notifications and clear quarterly reports that they can easily access through a secure portal. In addition, providing thorough ILPA call and distribution letters, along with industry-standard quarterly reports, ensures that stakeholders remain well-informed about their investments. By allowing limited partners to securely access fund documents at any time via smartphones, tablets, or standard web browsers, you enhance their experience and build trust in your management. This level of accessibility not only promotes transparency but also solidifies the relationship between fund managers and their investors, creating a foundation for long-term collaboration and success. Ultimately, the integration of these technologies leads to improved efficiency and satisfaction for all parties involved.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$750 one-time payment
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Verivend

Date Founded

2019

Company Location

United States

Company Website

verivend.com

Company Facts

Organization Name

Relevant Equity Systems

Date Founded

1986

Company Location

United States

Company Website

relevantequityworks.com

Categories and Features

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

Fund Accounting

Accounts Payable
Accounts Receivable
Activity Tracking
Asset Management
Bank Reconciliation
Budgeting & Forecasting
Compliance Management
Donor Management
General Ledger
Partnership Accounting
Purchasing & Receiving

Investment Management

Accounting Management
Benchmarking
Bonds / Stocks
Client Management
Commodities
Compliance Reporting
Data Import / Export
For Investment Advisors
For Investors & Traders
Fund Management
Modeling & Simulation
Payroll & Commissions
Performance Metrics
Portfolio Management
Risk Management

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