What's The Problem Today?
Accounting for family offices hasn’t changed.
Family offices have between 5–100 entities, with an equal number of QuickBooks accounts or Excel files and a rather lean team to deal with this complexity. This leads to siloed access to data, manual data entry, consolidation, slow response time to questions, and generic reports.
What's The Problem Today?
Accounting for family offices hasn’t changed.
Family offices have between 5–100 entities, with an equal number of QuickBooks accounts or Excel files and a rather lean team to deal with this complexity. This leads to siloed access to data, manual data entry, consolidation, slow response time to questions, and generic reports.
What's The Problem Today?
Accounting for family offices hasn’t changed.
Family offices have between 5–100 entities, with an equal number of QuickBooks accounts or Excel files and a rather lean team to deal with this complexity. This leads to siloed access to data, manual data entry, consolidation, slow response time to questions, and generic reports.
%
The Market Today
75% of the accounting software market is not specifically designed for family offices.
Family offices start with QuickBooks — “it’s known and easy to use”. Very quickly these family offices outgrow QuickBooks and struggle to keep up with multiple entities. The only option has been ERP solutions used by operating companies, where most features are not geared toward the needs of family offices.
%
The Market Today
75% of the accounting software market is not specifically designed for family offices.
Family offices start with QuickBooks — “it’s known and easy to use”. Very quickly these family offices outgrow QuickBooks and struggle to keep up with multiple entities. The only option has been ERP solutions used by operating companies, where most features are not geared toward the needs of family offices.
%
The Market Today
75% of the accounting software market is not specifically designed for family offices.
Family offices start with QuickBooks — “it’s known and easy to use”. Very quickly these family offices outgrow QuickBooks and struggle to keep up with multiple entities. The only option has been ERP solutions used by operating companies, where most features are not geared toward the needs of family offices.
Why SumIt?
Prior to SumIt, no solution on the market was easy to use and focused only on family offices.
Simplicity
You care about a solution that any bookkeeper can navigate, because it is tedious and costly to have to train someone for 6 months.
Robustness
You need multi-entity and the ability to combine and consolidate as many sets of books as you want with just a few clicks —and no manual eliminations.
Specificity
Sources and uses of cash report - this is what matters to you and not the canned reports. You care about direct integrations with key partners in the space, such as Addepar and BILL.
Why SumIt?
Prior to SumIt, no solution on the market was easy to use and focused only on family offices.
Simplicity
You care about a solution that any bookkeeper can navigate, because it is tedious and costly to have to train someone for 6 months.
Robustness
You need multi-entity and the ability to combine and consolidate as many sets of books as you want with just a few clicks —and no manual eliminations.
Specificity
Sources and uses of cash report - this is what matters to you and not the canned reports. You care about direct integrations with key partners in the space, such as Addepar and BILL.
Our Unique Advantage
We Know The Problem From Different Angles
Every family office can be unique in their own way. That's why our 20+ advisors give us a true picture across different types of organizations — so that we can solve the problem in the most effective way.
Kelly Dayton
President at Sagamore Ventures, Single Family Office
Danielle Klimek
Chief Operating Offering at Marron Capital, Single Family Office
Mathew Gaines
Managing Director, Head of CFO Services at Cresset Capital, Multi Family Office
Prascilla Park
Fractional CFO for family offices
Alexander Gart
Principal at Gart Companies, Single Family Offices
Julie Smith
Strategic Advisor, Pritzker Group, Single Family Office
Michael Keve
Senior Manager, CBIZ, Multi Family Office
Steve Kaplan
Neubauer Family Distinguished Service Professor and Family Office Initiative at University of Chicago Booth School of Business
Liz Barhydt
CMA, CPA, Fractional CFO
Our Unique Advantage
We Know The Problem From Different Angles
Every family office can be unique in their own way. That's why our 20+ advisors give us a true picture across different types of organizations — so that we can solve the problem in the most effective way.
Kelly Dayton
President at Sagamore Ventures, Single Family Office
Danielle Klimek
Chief Operating Offering at Marron Capital, Single Family Office
Mathew Gaines
Managing Director, Head of CFO Services at Cresset Capital, Multi Family Office
Prascilla Park
Fractional CFO for family offices
Alexander Gart
Principal at Gart Companies, Single Family Offices
Julie Smith
Strategic Advisor, Pritzker Group, Single Family Office
Michael Keve
Senior Manager, CBIZ, Multi Family Office
Steve Kaplan
Neubauer Family Distinguished Service Professor and Family Office Initiative at University of Chicago Booth School of Business
Liz Barhydt
CMA, CPA, Fractional CFO
Our Unique Advantage
We Know The Problem From Different Angles
Every family office can be unique in their own way. That's why our 20+ advisors give us a true picture across different types of organizations — so that we can solve the problem in the most effective way.
Kelly Dayton
President at Sagamore Ventures, Single Family Office
Danielle Klimek
Chief Operating Offering at Marron Capital, Single Family Office
Mathew Gaines
Managing Director, Head of CFO Services at Cresset Capital, Multi Family Office
Prascilla Park
Fractional CFO for family offices
Alexander Gart
Principal at Gart Companies, Single Family Offices
Julie Smith
Strategic Advisor, Pritzker Group, Single Family Office
Michael Keve
Senior Manager, CBIZ, Multi Family Office
Steve Kaplan
Neubauer Family Distinguished Service Professor and Family Office Initiative at University of Chicago Booth School of Business
Liz Barhydt
CMA, CPA, Fractional CFO
Why SumIt?
Why SumIt?
No solution in the market is easy to use and focused specifically on family offices - that’s where we play!
Simplicity
You care about a solution that any bookkeeper can navigate because it is tedious and costly to have to train someone for 6 months
Robustness
You need multi entity and the ability to combine and consolidate as many sets of books as you want, with just a few clicks, and no manual eliminations
Specificity
You know that a source and use of cash report often matters more to your family than an indirect cash flow. You care about direct integrations with key partners in the space, such as Addepar and Bill.com
Try SumIt Today
Modernize Your Back Office, Today.
Modernize Your Back Office, Today.
Modernize Your Back Office, Today.
Talk to us to learn more about SumIt and we will help you evaluate our platform. We care about your success and can help you find out quickly if SumIt can be a good fit.
Talk to us to learn more about SumIt and we will help you evaluate our platform. We care about your success and can help you find out quickly if SumIt can be a good fit.
Talk to us to learn more about SumIt and we will help you evaluate our platform. We care about your success and can help you find out quickly if SumIt can be a good fit.
