Why are solutions like Excel or QuickBooks not suitable accounting software for venture capital?

While these simpler solutions may suffice while your firm is small, as you grow, back-office operations like accounting and investor reporting become harder, making your teams less efficient. Their manual nature also presents a higher risk for error in your books or in investor-facing communications.

For long-term scalability, it’s best to select suitable venture capital software from the outset, saving your team from a major migration project later as your firm expands.

However, if the time has come for a software migration for your firm, rest assured that Allvue has a strong track record of successful system implementations.