Great investor platform that saves the sponsor a lot of time and headaches!
What do you like best?
The thing I like best about the platform is that it does all the calculations for accrued preferred return and distribution amounts for me. Before, I was using excel to manage these calculations, which took a lot of time and I constantly had to fix errors. With IMS, I set it up with the generous support I get from the company and then I'm all set.
What do you dislike?
I wish there was a bit better control over the flow for the investor when they first sign up for an investment but it hasn't been a critical issue.
Recommendations to others considering the product:
If you have enough deal flow and your projects are big enough, the IMS platform makes financial sense and will save money and time for you.
What problems are you solving with the product? What benefits have you realized?
The calculations that the platform does for me are the biggest benefit. It has saved me a lot of time and effort. Statement generation for the investors is also a huge benefit. The statements are professional and very easy to generate once you set everything up. I have yet too use the NATCHA system for making distributions but expect that to be a big time saver as well.
