Meet Neo, your AI-powered Co-GP.
ProductDistributions
From waterfall to wire — distributions, done.
Covercy One automates the entire distribution workflow: calculate waterfalls, notify investors, process payments, and reconcile with your accounting software — in minutes, not days.
The Distribution Workflow, Automated
Four steps from calculation to reconciliation — every one automated.
Calculate
Model waterfalls for any deal structure — pro-rata, multi-tier hurdles, promote allocations, and share classes. Every calculation validated before a dollar moves.
Waterfall ManagementNotify
Send personalized distribution notices to every LP automatically. Investors see amounts, breakdowns, and payment timelines in their portal.
Investor ExperiencePay
Process payments via ACH, wire, check, or SWIFT in a single click. Cross-border, multi-currency, 2FA-secured — every payment tracked end to end.
Payment AutomationReconcile
Auto-sync every transaction to QuickBooks or Rent Manager. Validation reports confirm accuracy before books close — zero double-entry.
Reconciliation & AccountingTrusted by Leading Fund Managers
“Covercy cut our distribution cycle from 3 days to 20 minutes. The waterfall engine handles our complex multi-tier structures without a single spreadsheet.”
“Our investors love the self-service portal. They can see distributions in real time, manage their banking details, and download tax docs — all without calling us.”
“The automated reconciliation with QuickBooks alone saves us 10+ hours per distribution. We process payments to 200+ investors with zero manual journal entries.”
Why Fund Managers Choose Covercy
The only platform where GPs calculate, validate, pay, and reconcile distributions — end to end.
Distribute Capital in Minutes, Not Days
Covercy One collapses a multi-day distribution cycle into minutes. Calculate waterfalls, validate every cent, and process payments to all LPs in a single workflow.
Every Payment Validated Before It Moves
Pre-payment validation reports catch errors before funds are disbursed. Every calculation is verified, every amount cross-checked, and every distribution logged.
Accounting Sync That Just Works
Every distribution automatically syncs to QuickBooks, Rent Manager, or YardiBreeze. Real-time tracking, automated journal entries, and validation reports.
Flexible plans for firms of every size
Tailor Covercy's investment management software for your real estate firm
Standard
For managing capital you've already raised
- CRM
- Investor Portal
- Fundraising
- Distributions
- Reporting
- Funds & Capital Calls
- Integrations
- Valuations
- Retail & Broker-Dealer
- Accounting & Compliance
Professional
The full platform: funds, deals, payments, integrations
- CRM
- Investor Portal
- Fundraising
- Distributions
- Reporting
- Funds & Capital Calls
- Integrations
- Valuations
- Retail & Broker-Dealer
- Accounting & Compliance
Fund Administration
Add when you need NAV, fund accounting, or retail raising
- CRM
- Investor Portal
- Fundraising
- Distributions
- Reporting
- Funds & Capital Calls
- Integrations
- Valuations
- Retail & Broker-Dealer
- Accounting & Compliance
Explore Deep Dives
Waterfall Management
Model any deal structure with precision — pro-rata, multi-tier, promote allocations, and share classes.
Learn morePayment Automation
Process ACH, wire, check, and SWIFT payments in a single click. Cross-border and multi-currency.
Learn moreInvestor Experience
Self-service bank accounts, cash flow dashboards, distribution history, and AI-assisted reports.
Learn moreReconciliation & Accounting
Auto-sync every distribution to QuickBooks, Rent Manager, and YardiBreeze. Zero double-entry.
Learn moreFrequently Asked Questions
- How does Covercy automate the distribution process?
- Covercy One automates the entire workflow from calculation to reconciliation. Configure your waterfall structure once, then calculate distributions, validate via detailed reports, process payments (ACH, wire, check, or SWIFT) with a single click, and sync to your accounting software — all without leaving the platform.
- Can Covercy handle complex deal structures and multiple investors?
- Yes. Covercy One supports syndications, funds, and fund-of-funds with unlimited investors and entities. Configure multi-tier waterfalls with hurdles, catch-up clauses, promote allocations, and share class distinctions. Whether you have simple pro-rata distributions or complex multi-entity structures, the platform adapts.
- How does Covercy ensure distribution payments are accurate?
- Every distribution generates a detailed validation report before funds move. Calculations are verified down to the cent, cross-checked against your waterfall configuration, and logged with a complete audit trail. This multi-layer validation ensures accuracy and builds trust with your investors.
- What accounting integrations does Covercy support?
- Covercy One integrates with QuickBooks, Rent Manager, and YardiBreeze. Distribution data syncs automatically, eliminating manual journal entries and ensuring your financial records are always up to date. Validation reports confirm every transaction before your books close.
- How do investors experience distributions on Covercy?
- LPs have their own self-service portal where they manage bank account details, view distribution history, track cash flows, and download tax documents. They receive automated distribution notices with full breakdowns and can see real-time performance dashboards showing returns, IRR, and capital contributions.
Ready to automate your distribution workflow?
From waterfall to wire — get started in minutes.