New Release Further Streamlines Data Collection, and Facilitates Superior Reporting and Analysis
New York, NY (July 20, 2011) – iLevel Solutions, a leading provider of private equity software and reporting solutions, recently announced the latest version of the firm’s Portfolio Management Platform. This highly anticipated release incorporates new features and functionality that dramatically enhance how the Alternative Investment industry collects, analyzes, reports, and exchanges investment information.
“With the growing demand for greater transparency and the challenges of increasingly stringent regulatory requirements, iLevel is focused on continually enhancing the functionality of our Portfolio Management Platform,” stated Rick Kushel, CEO for iLevel Solutions. “This new release incorporates industry best practices and expanded functionality as a result of direct feedback from a growing client base of the world’s leading private equity firms.” A short video highlighting the new release is also available by clicking on the following link: iLevel Video.
Highlights of the new release include:
Streamlined Valuation Process
iLevel’s dynamic, configurable valuation templates provide a consistent, streamlined valuation process. Increase efficiency and accuracy of valuations using iLevel’s Excel Add-In to quickly populate and update your spreadsheet models with data stored in the iLevel database. Conversely, leverage iLevel’s Add-In to store key valuation data from your valuation models in the centralized repository for future reporting purposes.
Robust Excel Add-In Functionality
With iLevel’s unique Excel Add-In, users can take advantage of formula wizards, a powerful calculation engine, and iGetTM and iPutTM functionality to access data from – and publish data to – the iLevel database. Users can leverage the iLevel Excel Add-In to analyze portfolio company performance, model valuations and respond to investor inquiries, all in a fraction of the time it would normally take to do so manually.
Dynamic Data Collection Workflow Tools
The iLevel Platform streamlines the portfolio company data collection process by enabling GPs to create dynamic Excel-based templates that can be scheduled and distributed to portfolio companies or internal users for monthly and quarterly data collection. These data templates are integrated into a workflow process allowing data to be efficiently reviewed and approved prior to being accessed for analysis and reporting.
Sophisticated Data Calculation Engine
A proprietary calculation engine instantly calculates user-defined formulas and aggregates data based on a portfolio company’s fiscal calendar as well as a standard calendar allowing for real-time access. Reporting periods are automatically aggregated to summary periods including Quarters, Calendar QTD, Fiscal QTD, Calendar YTD, Fiscal YTD and LTM. In addition, user-defined formulas allow for calculations across periods (i.e. Revenue vs. Prior Year) and across scenarios (i.e. Actual vs. Budget).
SaaS-based Portal Framework for Web-based Data Presentation & Reporting
A configurable Web portal enables users to visualize fund and portfolio company performance through a wide variety of graphical charts and interactive data grids. Users can filter data based on industry, geography, and funds to drill down into data sets to gain instant insight from any perspective. The iLevel portal also supports the ability to export data from data grids, charts, and graphs directly to Excel for further analysis. In addition, iLevel’s Report Center acts as an access point for customized reports that can be easily exported to multiple formats including PDF and Excel.
New Document Library & Publishing Capabilities
iLevel provides an integrated, collaborative Document Library to manage and catalog documents and files associated with a specific investment, portfolio or fund. With the Document Library users can take advantage of document management features including full text search and retrieval, check-in/check-out functionality, version history, granular security provisioning, and document tagging for easy document retrieval. The iLevel Publishing Tool enables users to aggregate worksheets from numerous Excel Workbooks and instantly create portfolio-wide PDF reporting packages for print or electronic distribution.
Powerful Chart of Accounts Management & Administration
The iLevel Platform comes out-of-the-box with a standardized, best practices-based Chart of Accounts management tool for creating and managing portfolio-wide, industry-specific and portfolio company-specific metrics. User friendly tools allow for straight forward maintenance of the chart of accounts as data collection and reporting needs change over time. A powerful formula and calculation wizard is also available to define and modify calculations, build formulas to aggregate data and to compare metrics and establish ratios for reporting.
About iLevel Solutions
iLevel Solutions’ Portfolio Management Platform is an innovative, highly secure Software-as-a-Service technology solution that automates the collection, storage, collaboration, analysis, and reporting of portfolio data. iLevel provides the seamless platform that integrates all information for GPs and LPs to monitor investments, prepare and report valuations, and exchange information. This comprehensive, end-to-end platform serves as the backbone to completely integrate reporting, analytical tools, and dynamic information sharing, and includes components for Private Equity, Real Estate, Debt, and LP Reporting. For more information, please visit www.ilevelsolutions.com.