Case Study: Apex Fund Services achieves real-time global financial visibility and faster billing with FinancialForce Accounting

Apex Fund Services - Customer Case Study

Apex Fund Services, a global fund administration firm operating from 31 offices, faced fragmented local accounting systems (Sage, QuickBooks), no standardized processes, manual multi‑currency consolidation, poor invoice visibility and slow, error‑prone billing. To tackle these issues they implemented FinancialForce, using FinancialForce Accounting and FinancialForce Billing to centralize finance processes and reporting.

FinancialForce delivered a centralized, real‑time reporting and automated billing solution that standardized templates, enabled multi‑currency billing with dollar reporting, and automated invoice generation. The outcome: month‑end close time cut by half a day, group consolidation saved a day per month, Managing Directors saved about 7 days per year, improved debtor visibility and faster collections, and overall greater cash and receivables visibility for the CFO.

Apex Fund Services

Melissa Griffin

Global Head of IT, Apex Fund Services