LIVE WEBINAR
Quick Knockouts for Investment Data
Facing a barrage of complex calculations and tedious data entry? Our public sector team is ready to equip you to step into the ring. We’ll help you block, dodge and attack your accounting obstacles by delivering tailored solutions for long-term financial success.
Our mission is to be your ultimate cornerman, streamlining your investment portfolio management process so you can deliver knockout blows to complex calculations and tedious data entry. We’ll reduce tracking and monitoring burdens, enhance your financial operations, and ultimately provide you with the peace of mind you deserve.
Join us in this power-packed session and learn how to revolutionize your investment management process!
Date: Thursday, September 19
Time: 11 – 12 PM PDT
What to Expect From Your Ringside Experience:
- Public Sector Focus: Learn how SymPro caters specifically to your needs.
- Strategic Insights: See how to find the information you need quickly to make informed decisions.
- Streamlined Data Entry: Discover efficient ways to input and manage your data.
- Robust Reporting Suite: Preview our wide range of standardized reports tailored for the public sector.
- Seamless Integration: Learn how SymPro works with your existing systems.
See What One Client Says About Reporting
"For our investment needs, the most valuable feature of Sympro's software is the reporting functionality. It allows us to easily compile data and see exactly how much money is coming in, going out, and what our overall earnings are. The reports are clear and user-friendly, unlike trade tickets, which can be overwhelming. Plus, everything is automatically connected, so data entry is a breeze."
FAQs
Does the software provide for multiple investment portfolios?
The program can manage an unlimited number of portfolios and includes a fund number option that assigns each investment position to a particular fund, client or manager. Each portfolio is password protected, allowing for multiple users to have varying levels of control and functionality.
How does the software track investments?
The system provides a standard methodology for maintaining investment positions, reporting on earnings and investment assets, displaying original and updated valuations, and keeping a schedule of cash flows and maturities. It features online calculations of interest transactions by date, investment yield, yield to maturity, total interest due and amortization of discounts and premiums.
Can the software handle investment pool earnings allocation? Can the earnings be redirected to another fund?
Yes, our Earnings Allocation module is designed to allocate earnings from fixed-income investments to the participants or funds in an investment pool. The program calculates each fund’s share of the total pool and then, at your discretion, distributes earnings based on the proportional average daily balance of each account. Beyond the essential function of allocating earnings, the module allows you to efficiently manage and report on all components of allocation pool portfolios.
Earnings from one fund can be redirected to another fund.
Does the software allow transfers of funds within a portfolio?
Transfers between funds are accomplished by selling the security in one fund and adding it to the new fund.
Can investment earnings be allocated daily/monthly/quarterly?
Yes, the allocation process and frequency are at the discretion of the end-user
What types of pre-populated reports are readily available?
The system produces over 50 standard reports with numerous sort options and configurations. Among them are a GASB 31 mark-to-market report, a GASB 40 interest rate risk report, a Total Return report calculated on a time-weighted basis, maturity and interest receivables reports, numerous investment listing and performance reports, and much more. Enhanced reporting features include consolidated reporting by individual funds or a range of funds, batch reporting for your daily or weekly management reports, and subsidiary performance reporting enabling you to track individual funds or money managers as well as the total portfolio.
How does interfacing with the GL work?
SymPro creates customized journal entries that include purchases, sales, maturities, interest received, investment earnings, and other standard fixed-income transactions. Once the journal transactions are created, you can view the transaction file on screen, print reports based on the file’s data, and export the data to any modern ERP system. SymPro integrates with such companies as Oracle, Workday, Tyler Munis, etc.
About SymPro
SymPro provides integrated solutions to automate and simplify core investment and debt accounting operations. For over 30 years, our solutions have helped hundreds of public sector agencies increase accuracy and reliability in financial reporting and reduce manual effort.
Our modular solutions can be configured for your organization’s needs and replace internal legacy systems that require more time and effort with a higher risk of errors. Our products are more than just financial tools; they bring confidence and peace of mind to public sector customers, including counties, cities, power agencies, utilities, transportation agencies, school districts, state agencies, and more.
Join Us & Revolutionize Your Investment Accounting
Date: Thursday, September 19
Time: 11 – 12 PM PDT
Unsure if this webinar is the right fit for you?
Don’t hesitate to reach out! We’re here to address any questions you may have. Simply drop us an email at sales@sympro.com or give us a call at 510-655-0900. We’re eager to assist you.
Already a SymPro Client?
For existing SymPro users, if you have any questions or need assistance with your investment software, our dedicated support team is here to help, free of charge. Feel free to reach out to us at support@sympro.com or give us a call at 510-655-0900. Your satisfaction is our priority!
