Full Partnership Accounting

Complex transfer functionality
across entities

Our Financial Services operations provide the flexibility for performing partner-level operations throughout your entity structures in an incredibly powerful and performant manner. Having a transaction engine built from the ground up specifically for financial services ensures we can support complex operations.

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 Reduce processing times from hours to less than a minute.

 

Granular control and performance

This functionality allows you to cater for a whole host of scenarios involving changing partners over time within your entity structures. By utilizing the TransferProcessorExtender in the API for complex bespoke algorithms, you always can take fine granular control over any part of the process while hooking into our Partner Transfer operation. We give you the power to control precisely what you want while benefiting from the performance of our Core Transaction Processor.

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Partner Transfer

A dedicated transaction process in its own rights within the platform. Offering full control how you require the transfer to occur, including:

  • Transaction date

  • Timing (start/end of the day)

  • Source Partner

  • Transfer Percent

  • Target Partner/s

 

Specialist Overrides

We understand there are exceptions to any rules you may put in place, which allows you to create custom overrides on your entities, values or require bespoke algorithms to run. As an example, you specify the percentage to be transferred for transactions residing in specific entities. By default, everything is 100%, but you can add specific entities and for instance state that 0% from that entity should be transferred

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Process

These processes can be complex and require several checks, you can of course leverage the power of the LemonEdge platform itself to run these operations within sandboxes first. Offering a variety of options, you can dictate how the process flows through the transactions. Any period end reporting (See Period Ends for more detail) will then show the affect of the transfer with regards to Partner Transfer In/Out amounts throughout the statement.