Harmonate

What Does Harmonate Do? We’re often asked to explain what Harmonate does. While it might seem complex at first—especially since Conductor, our base platform, has evolved so much in recent years—the core functionality is actually quite straightforward. It’s all about?data accuracy and automation. At its foundation,?Conductor?acquires data from multiple sources, cleans it, and transforms it so it seamlessly integrates with the system of record (accounting system, CRM, ERP, database, etc). Each time the data is evaluated for reporting, Conductor ensures that what’s delivered is accurate and reliable. Tasks that once required entire teams of people are now fully automated. What does this mean in practice? - For internal teams, it means confidence in the integrity and reliability of data. - For customer-facing reporting, it means delivering a competitive edge and an unmatched customer experience. This is where the phrase?“Independently verified by Harmonate”?comes into play—it’s a stamp of trust. And that’s just the start. Conductor also creates opportunities to?rethink and reduce labor-related costs, unlocking efficiencies that transform your bottom line. https://lnkd.in/e-QP6zNx #fundadministration #funds #automation #AI #ML

A great deal of energy and expertise at this year’s Apex Invest in Las Vegas. We at Harmonate are grateful for the opportunity to be a part. #alternativeassets #Apexgroup #AI #ML #saas

Exciting News from Harmonate: Introducing "Independently Verified by Harmonate"!? At Harmonate, we understand the critical importance of accurate, timely reporting for Funds and General Partners. Every month or quarter, Fund Administrators provide essential reports detailing activity, performance, and holdings, sourced from the general ledger. In a perfect world, this information would be flawless, but reality often tells a different story. The fact is, there’s a?47% probability?that reports will contain one or more meaningful errors due to compromised or incorrect data input into the general ledger. These inaccuracies can lead to misinformed decisions, delays, and compliance risks.?It’s important to note that in many cases the Fund Administrators are being given bad data. That’s why we’re thrilled to announce?"Independently Verified by Harmonate"?— our latest innovation that ensures data accuracy. Powered by Harmonate's Conductor platform, we automate the review process, ensuring the data you rely on is correct and timely, enabling better decisions with confidence. Say goodbye to the uncertainty of flawed reports and hello to precision you can trust! https://lnkd.in/e-QP6zNx #Harmonate #FundAdministration #AI #ML #Automation #Funds #GeneralPartners

Attention Funds and General Partners:?Is your data as important to your Fund Administrator as it is to you? In today’s fast-paced financial landscape, the accuracy and reliability of your data are non-negotiable. As custodians of critical information, fund administrators play a pivotal role in ensuring that data is not just managed but also verified and validated. There is a common but dangerous belief that data entering and exiting a fund administrator's accounting system is inherently accurate. This is far from the truth. In fact, there may be up to a 58% probability that one or more material errors exist in the required monthly or quarterly reports being sent to General Partners. This risk is especially high when full manual reviews are skipped. That’s where Harmonate’s Conductor Platform comes in. By running your data through Conductor, you don’t just manage information—you elevate it. Every piece of data is meticulously processed, undergoing rigorous automated quality reviews that align with the highest standards. This is not just about ticking and tying; it's about safeguarding your investments and maintaining trust. By adopting Conductor, your data receives the Harmonate Verified guarantee, a mark of excellence that guarantees accuracy, consistency, and compliance. Without this level of scrutiny, you risk compromising the very foundation of your investment decisions. Don’t let unchecked data compromise your success. Ensure your data is Harmonate verified, because precision isn’t just an option—it’s a necessity. Make sure your Fund Administrator is using Harmonate! #DataIntegrity #FundAdministration #HarmonateVerified #Conductor #DataAccuracy #InvestmentManagement

Harmonate is rolling out new capabilities improving treasury department operations through Treasury Automation.?Reach out to learn more at Harmonate. #fundadministration #fundoffunds #AI #ML #automation #saas #fintech #wireinstructions #Treasuryautomation #Automation

Harmonate's latest article explores four key areas where businesses, in various industries, can automate back-office processes to enable data ingestion, transformation, and actionable insights. https://lnkd.in/efQkq6C4

Harmonate's latest article explores four key areas where businesses, in various industries, can automate back-office processes to enable data ingestion, transformation, and actionable insights. https://lnkd.in/efQkq6C4

Belated Happy Fourth of July to our American colleagues, partners, and clients! Hope you all had a great day celebrating. #Harmonate #IndependenceDay #FundAdmin #FourthofJuly

Explore the key elements that define exceptional fund administration services in today's competitive market and learn how factors such as technology, customization, and innovation can set providers apart. https://lnkd.in/eFKecKxq