BOSTON, Sept. 26, 2018 /PRNewswire/ -- FundCount, LLC, a global provider of accounting and investment analysis software, today announced the launch of FC A/P, a comprehensive accounts payable module for FundCount clients to track, pay and manage all expenses incurred by their clients.

FundCount software is used by family offices, hedge funds, private equity firms and fund administrators who appreciate the accuracy and efficiency of a single, integrated platform for all partnership, portfolio and general ledger accounting activity. FC A/P adds new accounting power to FundCount's multicurrency general ledger. It supports the full payments lifecycle from booking and paying expenses to reconciling bank and credit card details. Accounts payable data from other systems can be imported into FC A/P quickly and easily.

Among the many features of FC A/P are check writing and electronic bill payment, flexible vendor and invoice management, customizable expense allocation templates, and the ability to track multiple accounts for a single vendor. Unparalleled reporting flexibility, a hallmark of FundCount software, is also evident in FC A/P.

"Wealth managers continually look for solutions that will improve operational efficiency while enabling them to offer soup-to-nuts service to their high net worth clientele," said Alex Ivanov, CEO and founder of FundCount. "The accounts payable and cash management functionality in FC A/P extends the many benefits of FundCount's integrated accounting system."