Fundwave
Fundwave is a comprehensive fund accounting and investment management software designed to help venture capital and private equity firms automate complex portfolio tracking, reporting, and investor relations workflows.
LiveKeeping
LiveKeeping is a mobile-first financial management application that integrates with Tally ERP to provide real-time access to your accounting data, reports, and business analytics from anywhere.
Quick Comparison
| Feature | Fundwave | LiveKeeping |
|---|---|---|
| Website | fundwave.com | livekeeping.com |
| Pricing Model | Freemium | Subscription |
| Starting Price | Free | $208/month |
| FREE Trial | ✓ 30 days free trial | ✓ 7 days free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2012 | 2018 |
| Headquarters | Singapore, Singapore | Ahmedabad, India |
Overview
Fundwave
Fundwave is an end-to-end platform designed to simplify the complex world of private equity and venture capital fund administration. You can move away from error-prone spreadsheets and manage your entire fund lifecycle—from capital calls and distributions to complex waterfall calculations—within a secure, automated environment. The software ensures your data remains consistent across all investor reports and internal accounting ledgers.
You can provide your limited partners with a professional experience through a dedicated investor portal where they can access capital call notices, tax forms, and performance dashboards. Whether you are managing a single micro-VC fund or a multi-jurisdictional private equity firm, the platform scales to handle your specific regulatory and reporting requirements while reducing the time you spend on manual data entry.
LiveKeeping
LiveKeeping is a mobile application designed to bridge the gap between your office-based Tally ERP and your need for mobile data access. It syncs your financial data securely to your smartphone, allowing you to view ledgers, stock status, and sales reports without needing to be at your desk. You can track your business performance through intuitive dashboards that simplify complex accounting figures into actionable insights.
The platform helps you stay on top of your cash flow by providing instant notifications for payments and receipts. You can also create and share digital invoices or outstanding reminders directly with your clients via WhatsApp or email. It is built for business owners who use Tally but require the flexibility to manage their finances while traveling or meeting with stakeholders.
Overview
Fundwave Features
- Automated Fund Accounting Maintain your general ledger with automated entries for capital calls, distributions, and expenses tailored for private equity structures.
- Waterfall Calculations Configure complex carried interest and distribution models to calculate GP and LP splits accurately without manual spreadsheet formulas.
- Investor Portal Give your investors secure, 24/7 access to their documents, capital account statements, and real-time portfolio performance metrics.
- Portfolio Monitoring Track the financial health of your portfolio companies by collecting KPIs and generating consolidated valuation reports automatically.
- Capital Call Management Generate and dispatch professional call notices to all your investors simultaneously with just a few clicks.
- CRM for Fund Managers Manage your relationships with prospective and existing investors throughout the fundraising and deployment cycles in one place.
LiveKeeping Features
- Real-Time Tally Sync. Sync your Tally ERP data automatically to your mobile device so you always have the most current financial figures.
- Business Dashboards. View your sales, purchases, and expenses through visual charts that give you a high-level overview of your business health.
- Outstanding Management. Track pending payments by customer and send automated reminders via WhatsApp to speed up your collection process.
- Digital Invoicing. Create and share professional GST-compliant invoices directly from your phone to close deals faster while on the move.
- Stock Tracking. Check your inventory levels across different godowns in real-time to ensure you never miss a sale due to stockouts.
- Data Security. Protect your sensitive financial information with end-to-end encryption and secure login protocols that keep your Tally data safe.
Pricing Comparison
Fundwave Pricing
- 1 Fund
- Up to 10 investors
- Basic fund accounting
- Standard reporting templates
- Email support
- Everything in Free, plus:
- Up to 25 investors
- Automated waterfall calculations
- Investor portal access
- Custom document branding
- Priority email support
LiveKeeping Pricing
- 1 Tally Serial Number
- Unlimited Companies
- Real-time Data Sync
- Sales & Purchase Reports
- WhatsApp Integration
- Check-in/Check-out features
- Everything in Individual, plus:
- Additional user access
- Advanced data permissions
- Priority customer support
- Enhanced analytics
- Multi-device login
Pros & Cons
Fundwave
Pros
- Significantly reduces time spent on manual waterfall calculations
- Intuitive interface compared to traditional legacy accounting systems
- Highly responsive customer support team for technical queries
- Professional investor portal improves limited partner satisfaction
Cons
- Initial setup of complex fund structures takes time
- Limited native integrations with third-party CRM tools
- Advanced customization requires assistance from their support team
LiveKeeping
Pros
- Seamless integration with existing Tally ERP setups
- User-friendly interface that simplifies complex accounting data
- Fast WhatsApp sharing for invoices and reminders
- Reliable real-time notifications for new transactions
Cons
- Requires Tally to be running for data sync
- Occasional sync delays during heavy data loads
- Limited advanced editing capabilities compared to desktop