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Posted Oct 10, 2024

Three ways a tech-forward approach to administration delivers expanded impact for GPs

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Modern administration goes beyond financial reporting to deliver enterprise-building value across the organization, allowing GPs to impress investors, gain more confidence and control, and find more value from their data. This approach to administration also removes some risks lurking in the legacy administrator model, including brittle structures and systems prone to error and confusion.

Fund administration by Juniper Square:

  • Builds in-house technological solutions that give GPs more control and mitigate risk

  • Relies on an integrated platform that ensures fund managers can manage and find value in your data

  • Drives alignment amongst stakeholders with a single source of truth

  • Helps deliver an excellent LP experience, not just a PDF of financial statements after period end

  • Invests in the digital tools needed to make the fundraising experience seamless for both investors and fundraising teams

  • Leverages technology to build bridges between finance and investor relations teams, making each more productive

While I could have hired a traditional fund administrator, I wanted a partner who was pushing the envelope, doing things faster and better. That’s why I decided to work with Juniper Square.

Here are just some of the ways our tech-forward approach delivers expanded impact for GPs.

Gain visibility into fund data

Fund managers can’t do their best if critical information is locked inside a general ledger (GL) accessible only to their administrator. On the contrary, Juniper Square believes in providing GPs with visibility to their GL data.

 

With GL data easily visible in our centralized platform alongside information about investors, investment entities, and investment performance, fund managers can:

  • Implement more effective data management strategies

  • Remove any tedious back-and-forth with the administration team and get instant visibility into GL reports

  • Quickly address questions from colleagues, executives, and LPs

This feels like the fund administration solution that we were looking for…gaining visibility into our GL data and having the ability to slice and dice it directly within a platform.

Stay in control with tailored permissions

While access to data is important, it also requires enhanced security. Tailored data controls are essential to effectively and securely collaborate across internal teams, advisors, and fund administrators. Juniper Square’s universal system offers effective tools and the controls necessary to tailor data access to each stakeholder.

 

With Juniper Square’s easy-to-use and robust permission settings, fund managers can:

  • Protect sensitive information and minimize the risk of data ending up in the wrong hands

  • Optimize workflows, speed up decision-making, and reduce operational bottlenecks

  • Ensure key stakeholders have the appropriate access to critical data to promote better communication and collaboration

Streamline support and communication

Technology should actively enhance communication and collaboration. With our administration solutions, GPs can submit requests for capital calls, distributions, fundraises, and more directly from their Juniper Square workspace.

 

With in-app requests, fund managers can:

  • Establish direct lines of communication with their main point of contact at Juniper Square

  • Easily collaborate on fundraising, treasury, and reporting tasks

  • Ensure all needed information is captured with structured requests

  • Track the progress of requests (no more black box)

  • Use in-app messaging to send and receive updates

Being able to send our fund administration team requests directly in the workspace is the type of innovation that makes us love working with Juniper Square.

Administration from Juniper Square goes beyond the narrow scope of traditional fund administration and supports GPs with a world-class system of accountants powered by a universal system for managing the investment lifecycle. Our tech-forward approach empowers GPs to minimize risk with a shared system for managing, accessing, and securing investment information, building resiliency for their firm.

Take charge of your fund data now. Talk to our team →