Expense Allocation Software: What Is Allocation & Apportionment, and Why Should You Care?

Written by aXpire | Published 2019/08/24
Tech Story Tags: expense-allocation-software | expense-apportionment-software | fund-compliance-software | expense-allocation | expense-apportionment | machine-learning | startups

TLDR Expense allocation and apportionment is important for hedge funds, private equity funds and banks. The SEC listed expense allocation as a compliance exam priority for private advisers in February 2018. Resolvr and Bilr are an integrated (but modular) dual-solution to address the problems of both digital invoicing and expense allocation. Bilr works with a similar ethos of removing spreadsheets and improving interoperability. With $28B+ of AUM on the platform, we're confident we can handle expenses for funds big and small.via the TL;DR App
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Written by aXpire | @aXpire
Published by HackerNoon on 2019/08/24
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