Make distribution payments with complete confidence.
Finally, GPs can process distribution payments with speed, accuracy, and total transparency — all in one platform.
Finally, GPs can process distribution payments with speed, accuracy, and total transparency — all in one platform.
With so many real estate distribution tools to choose from, learn what sets Covercy apart from the rest.
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.
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.
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.
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.
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.
How does Covercy automate the distribution process?
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.
Can Covercy handle complex deal structures and multiple 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.
How does Covercy ensure distribution payments are accurate?
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.
How does Covercy integrate with my existing accounting software?
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.