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

April 18, 2023
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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 higher risk for error in your books or in investor-facing communications.

If possible, it’s easiest on your teams and operations to find suitable, scalable venture capital software from the beginning, saving the need for a large migration project down the road after your firm has grown to the point where a switch is necessary.

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.

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