Loan Manager Software now available

Princeton, NJ ? 03/18/2011 -  Windward Advisory Group, LLC, an investment industry technology and operations consulting firm, is pleased to announce the release of its new Loan Manager^TM software package for wealth management firms, including single- and multi-family offices.  This unique program automates the accounting, processing and reporting for inter-company and inter-entity loans.  The system supports basic functions such as fixed and variable rate loans, multiple compounding periods, principal additions / paydowns, and interest payments as well as more advanced features such as loan rollovers, loan transfers and interest look-ahead.

 ?The Loan Manager^TM is especially useful in the Family Office environment where individuals, partnerships and corporate entities typically participate in numerous and varied loans both as borrowers and lenders? states Hugh Bagatelle, Partner-in-charge of the Loan Manager^TM product.  This system acts as loans sub-ledger which can be integrated with a client?s General Ledger and provides extensive history, audit trails and a robust set accounting, summary and projected cash flow reports.

Palette Investment Company recently implemented Loan Manager^TM.  Beth Lund, President at Palette, states ?Our organization manages an extensive number of inter-entity loans. Prior to using Windward?s Loan Manager^TM, all recordkeeping was accomplished using spreadsheets and an online service that calculated interest rates from manually entered data.  The process was extremely cumbersome and time consuming.  Loan Manager^TM was exactly what we needed to both automate the accounting process and provide a comprehensive database and reporting solution.  Loan Manager^TMhandles all of the details automatically with a minimum of manual input.  In addition, the Windward team has been very responsive and has provided various enhancements to address our unique needs.?

For additional information, please contact:

Hugh Bagatelle   908 420-5646