Issue:

IFP wanted a fully integrated solution for:

1. Managing their deal pipeline, according to their growing number of incoming investment opportunities meaning:
   
   

   	Standardizing the due diligence process
   	Calculating the time spent on each deal
   	Calculating all the advisory fees relating to a deal
   	Having a one-click follow-up of all the actions relating to one due diligence (meetings, phone calls.)
   	Getting a comprehensive Knowledge Management tool enabling to: List automatically all the similar deals previously received, through comparable criteria  pre-defined by the user Track deep market information about very specific industries, over the years
   Solution DAVIGOLD: Deal flow module

   
   
2. Monitoring their portfolio investments:
   In response to the more stringent requirements of international financial authority bodies, IFP needed a solution that was capable of:
   
   

   	Standardizing the production of reports such as formal investment order forms
   	Imposing its own format of key figures tables to all the portfolio companies, in order to avoid wasting time for capturing different formats of information from the different portfolio companies
   	Handling the subsequent quarterly company valuations
   	Tracking all of the documents sent/received from each portfolio company
   	Standardizing the portfolio monitoring of state-of-the-art "Company follow-up" documents for each portfolio company, that will be generated in the fund quarterly report
   Solution DAVIGOLD: Portfolio module

   
   
3. Acquiring a strong document management module in response to the increasing number of documents to store
   

   Solution DAVIGOLD: Document management module

   
   
4. Preparing accounts for auditors, which include the following documents:
   
   

   	General ledger of transactions
   	Trial balance
   	Profit & Loss statement
   	Statement of cash-flows
   Solutions DAVIGOLD: Fund accounting module

   
   
5. Administrating their funds
   
   

   	Generating in one click the fund quarterly report
   	Calculating the fund Net asset Value
   	Handling the complex system of calculations for Management fees & Carried interest rules
   Solution DAVIGOLD: Fund administration module

   
   
6. Improving and gaining time on communication with Limited Partners:
   
   

   	Automatic production of drawdown and distribution notices
   	Automatic sending of invitations to the Limited Partners
   	Management of all queries/complaints from every Limited Partner
   	Displaying in a single tool all the relevant information, personalized for each Limited Partner:
   	Limited Partner capital account
   	All relevant reports - the Limited Partner should be able to generate any reporting (e.g: fund quarterly report) at any previous quarter
   	Displaying attractive 3D charts of the investment evolution, automatically generated in a PowerPoint document and accessible by each Limited Partner
   Solution DAVIGOLD: Investor relations module

   
   
7. Managing the fundraising process for its new fund meaning:
   
   

   	Listing all the potential investors, with level of interest
   	Displaying the follow-up of all the actions relating to every potential investor (phone calls, meetings, e-mails..) in one single page for each prospective Limited Partner
   Solution DAVIGOLD: Investor relations module

IFP also emphasized 2 other factors that convinced them to work with DAVIGOLD:

• LBOffice is user-friendly
  IFP confirmed that 4 hours of training for the entire team (secretaries, analysts, partners) was ample, and that it was a real pleasure for them to use the software on a daily-basis
• DAVIGOLD committed itself to unparalleled responsiveness: 1 week installation including all additional customizations requested by IFP.