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    Reconcile cash before the morning handoff.

    An agent traces cash differences through the custodian, administrator and internal-book records. It prepares an explanation and proposed resolution; your team approves timing or a true-up.

    Built for
    Daily-NAV and frequently dealing vehicles, such as interval funds
    Sources
    Custodian cash, administrator cash, your internal book, and the lender's statement for the credit facility
    Runs
    Every business day, before the morning handoff
    Writes
    Nothing to your GL by default. Your team books any true-up.

    A worked example

    Cash investigationIllustrative · fictional fund
    Meridian Credit Interval FundSeptember cash review · USD
    SourceLoan proceeds
    CustodianReceived$1.25M received
    AdministratorEntry pendingNot recorded
    Internal bookEntry pendingNot recorded

    One receipt traced across the supplied records. This example does not show the fund’s full cash position.

    Agent finding

    Evidence
    Receipt found

    The custodian records proceeds missing from the other supplied records.

    Proposed explanation
    Timing

    Confirm the expected book entry before accepting this explanation.

    Proposed next step
    Track pending entry

    Sign-off

    PreparedAgent finding
    ReviewerApproval pending
    The agent traced the difference to a receipt and proposed timing as the explanation. Treasury must confirm the pending entry and approve the classification. The book is unchanged.

    How the work runs

    1. Manual review

      Compare cash across the custodian, administrator and internal book.

      With FundCycleFundCycle

      FundCycle identifies cash differences against your tolerances.

    2. Manual review

      Find the transaction and establish why the records disagree.

      With FundCycleFundCycle agent

      An agent traces the difference to available transaction and settlement records. It proposes an explanation and identifies any missing evidence.

    3. Manual review

      Approve the explanation and book any true-up.

      With FundCycleYour team

      Your reviewer approves timing or a true-up after checking the evidence. Your team books any entry; the finding and decision stay together.

    Questions

    Read-only by default. Agents investigate and prepare findings; your operators approve the resolution. Your administrator and books stay in place. FundCycle does not strike NAV.

    How it sits in your stack →What it will never do on its own →

    Try it on one historical cycle.

    Choose one workflow and one past cycle. We agree the sources, investigate read-only, and return findings with evidence, proposed next steps and gaps that still need review. Sanitized files are fine.

    The one-page result

    Exceptions foundFindings checked against the source records
    Evidence gapsMissing support and unresolved questions
    Reviewer hoursBefore and after, on your own cycle
    False positivesUnsupported findings counted and listed
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