PRODUCT / DISTRIBUTIONS

Make distribution payments with complete confidence. 

Finally, GPs can process distribution payments with speed, accuracy, and total transparency — all in one platform.

Distributions Features

Calculate, process, send, and instantly reconcile distribution payments in minutes with Covercy’s ultra-powerful payments engine. 

Distributions - Covercy

Customizable Equity & Debt Waterfalls

Tailor equity and debt waterfall structures to meet the unique needs of any deal, from the simplest pro rata returns to the most complex models with multiple tiers, specific return hurdles, catch-up clauses, performance incentives, and more.

Automatic Reconciliation

Sync distribution data for immediate transaction reconciliation. Integrate directly with popular accounting & property management platforms like QuickBooks, Rent Manager, and YardiBreeze, keeping data centralized and eliminating double work.

Cross-Border Transactions

The geographic location of your investors doesn’t matter when you use Covercy to process distributions. Instantly pay domestic or international investors using built-in currency conversion, cross-border payment support, and low transfer fees. 

Embedded Banking

GPs can open APY checking accounts with up to $3M FDIC insurance per depositor through Covercy’s banking partner. In addition you can simply view and organize all third-party bank accounts from multiple financial institutions within the Covercy platform. 

Investor Communications

Automatically send personalized distribution notices and payment confirmations to investors, keeping them informed every step of the way.

Automated Payment Processing

Initiate and process payments through ACH, wire transfers, or checks in just one click, ensuring fast and accurate distributions to investors’ accounts.

Validation Reports

Verify every distribution by automating calculations and reviewing detailed validation reports, ensuring accurate payments and instant reconciliation for GPs and investors.

Complex Deal Structures

Handle even the most intricate deal structures – syndication deals, funds, fund of funds (FOF) – with flexible waterfall configurations and detailed payment adjustments, ensuring accurate distribution for each investment.

Pro-Rata Distributions

Automatically calculate and distribute funds proportionally based on each investor’s ownership share, simplifying complex allocation processes.

Performance Dashboards

Provide real-time performance dashboards to your investors, displaying their current returns, capital contributions, and detailed transaction history.

Why Covercy?

With so many real estate distribution tools to choose from, learn what sets Covercy apart from the rest.

Simplify Investor Payments with One-Click Distributions

Only Covercy gives GPs the power to process distribution payments in seconds. Automatically calculate, validate, and process payments to LPs in their preferred method: ACH, wire, or check. Covercy’s platform adapts to fit the most basic and straightforward waterfalls to customized and complex deal structures. 

one-click distributions

Make Distribution Payments With Complete Confidence

Covercy offers a unique peace of mind throughout the distribution process, served up via detailed validation reports to ensure every distribution is free of mistakes down to the cent. Verify calculations before funds are disbursed, preventing errors and building trust with your investors. These reports also create a clear audit trail with no extra work required by the GP, guaranteeing transparency and compliance.

Streamline Your Entire Distribution Process in One Platform

Say goodbye to juggling multiple systems—Covercy consolidates your entire distribution process. Everything happens in one place, from calculating waterfalls to validating payments and processing transactions. Manage every aspect of your distributions seamlessly, reducing errors and saving time.

Integrated Accounting for Automated Reconciliation

Covercy syncs directly with your accounting software, automatically tracking every transaction and ensuring accurate and instant reconciliation. With real-time alerts, you’ll be notified of any issues, while seamless integration with tools like QuickBooks and Rent Manager ensures your financial records stay up-to-date without manual double entry.

Scale Effortlessly with Flexible Distribution Options

Covercy’s unmatched flexibility adapts as your business grows, handling everything from simple payouts to complex, multi-investor deal structures. Wherever you are — managing your first commercial asset or overseeing millions of square feet across asset classes or somewhere in between — Covercy meets you where you are, providing everything you need to distribute capital efficiently with minimal effort.

Investor Portal

Empower your investors with real-time, secure access to detailed reports, investment updates, transaction history, tax information, and more – all in one secure, easy-to-use platform.

Fundraising

Automate your fundraising process, from deal promotion to investor onboarding and, finally, instant capital collection, with Covercy’s end-to-end fundraising engine.

Financial Operations

Gain full control and visibility into all incoming and outgoing transactions, bank accounts, vendor payments, and more with Covercy’s comprehensive back-office FinOps tools.

Payments

Seamlessly manage domestic and global payments with flexible options for receiving and distributing funds quickly and securely.

What Our Clients Say

Covercy reviews sourced by G2

Frequently Asked Questions

Covercy automates the entire distribution workflow, from calculating complex waterfall structures to processing payments with just a click. You can easily set up recurring distributions, handle cross-border payments, and reconcile all transactions automatically, ensuring accuracy and transparency for both GPs and investors.

Yes, Covercy is designed to support even the most complex deal structures. Whether you’re working with multi-tiered equity waterfalls, debt payback schedules, fund of funds (FOF), or mixed asset and fund-based distributions, Covercy’s customizable tools ensure every investor receives the correct payout according to their specific agreements.

Covercy provides a proof-of-work feature, called a Validation Report, that allows you to verify every calculation before distributions are made. This ensures that payments are accurate down to the cent. Additionally, the platform offers automatic reconciliation, so you can track all payments and correct any issues in real-time.

 Covercy integrates seamlessly with popular platforms, like QuickBooks and Rent Manager, allowing you to sync distribution data automatically. This eliminates the need for manual entry and ensures that your financial records stay accurate and up-to-date. 

Tailor Covercy’s investor management features for your real estate firm

Free

Standard

Pro

Tailor Covercy’s investor management
features for your real estate firm

Free
Free investment management software
Free plan includes:
  • Investor management
    Manage your assets and your investors all in one place.
     
  • Investor Portal with reporting
    Elegant investor portal where your investors can review performance.
     
  • Fundraising and capital call management
    Promote new properties/assets via the platform. Record interest level and funding.
     
Get Started
Standard
Save 20%
Automate payments and increase productivity
All the benefits of Free, and:
  • Full Investor Portal
    Give access to your investors: new opportunities, assets, reports, documentation, K1s.
     
  • Automated distribution payments
    End-to-end automated distribution payments. Calculate, notify, distribute directly to your investor's bank account.
     
  • Capital call collection with ACH debit
    After fundraising commitment, automate the capital call payment processing and reconciliation.
     
Try for free
Pro
Save 20%
For growing teams and funds
All the greatness of Standard, and:
  • Funds (with capital commitments)
    Allows raising funds in an open fund structure.
     
  • FDIC insured accounts per depositor
    All funds in the Covercy Wallet are FDIC insured by our banking partner.
     
  • Fully customizable permissions
    User roles fully customizable.
     
Try for free

Accurate and seamless distribution payments. Only with Covercy.