Why does (almost) every CFO hate their fund admin? 1) No data transparency You can’t access your own financial data. You’re stuck emailing someone for a basic P&L or balance sheet. How @hanover_hq solves It: Instantly access your general ledger and download any cut of your financial data at any time. 2) Everything is Stale You wait for your fund admin to deliver financials 45 days after the quarter. You have no clue what your investments look like today. You can’t calculate Net TVPI. You can’t see your deal by deal IRR in real-time. How Hanover Park Solves It: AI Agents auto-categorizing cash transactions and near real-time financial data. No more waiting months. 3) Everything is Slow It takes days to do a basic capital call. You can’t receive deliverables without multiple days of turnaround time. How Hanover Park Solves It: One of our customers did a capital call in 5 minutes last week. Automate the basic processes so our services team is freed up to delight the customer. — TLDR: 1. No data transparency 2. Everything is stale 3. Everything is slow Hanover Park is obsessed with doing the exact opposite.
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