Covercy vs. Navatar

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Covercy
Score 9.6 out of 10
N/A
Covercy is a Banking-Embedded Investment Management Platform built for commercial real estate investment firms. It offers automated distribution & capital call payment processing, an Investor Portal, and APY yielding checking accounts.
$348
per month
Navatar
Score 7.6 out of 10
N/A
Navatar is ta financial services cloud software of choice for alternative asset, asset management and wealth management firms from the company of the same name in New York. With over 600 clients across 35 countries, Navatar combines workflows for investor relations, deal management, virtual data rooms and company intelligence into one integrated cloud platform.N/A
Pricing
CovercyNavatar
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CovercyNavatar
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
CovercyNavatar
Best Alternatives
CovercyNavatar
Small Businesses
Dropbox DocSend
Dropbox DocSend
Score 8.3 out of 10
Dropbox DocSend
Dropbox DocSend
Score 8.3 out of 10
Medium-sized Companies
Dropbox DocSend
Dropbox DocSend
Score 8.3 out of 10
Dropbox DocSend
Dropbox DocSend
Score 8.3 out of 10
Enterprises
S&P Capital IQ
S&P Capital IQ
Score 7.6 out of 10
S&P Capital IQ
S&P Capital IQ
Score 7.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CovercyNavatar
Likelihood to Recommend
8.3
(25 ratings)
-
(0 ratings)
Availability
8.7
(22 ratings)
-
(0 ratings)
User Testimonials
CovercyNavatar
Likelihood to Recommend
Covercy
Your customer service is the best part about Covercy. I love having a contact person that is responsive and helpful. Even if Covercy doesn't have a feature that we would like or need, we are always given workarounds or suggestions on alternative solutions. Our suggestions for portal improvements are always considered and being worked on by the development team. Covercy is working on improving the customer and investor experience
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Navatar
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Pros
Covercy
  • $3 Million in FDIC Insurance Account protection is unsurpassed and highly attractive to our project managers and investors.
  • The Onboarding of over 100 investors was simple and efficient using a spreadsheet import.
  • The Technical Staff was very helpful and supportive during our startup phase and handled project startup delays beautifully.
  • Covercy was able to handle member payouts that involved compilcated and varied bonus structures and 15 different income generating assets with varied investor contributors and we had great support in figuring out how to handle the profit distributions.
  • The Covercy Account Managers were highly professional and a pleasure to work with.
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Navatar
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Cons
Covercy
  • We need our investors to log in and see what offerings they are invested in.
  • There is no way to add documents/photos in an organized manner.
  • As a debt fund, we want to be able to showcase our offerings to our LP Portals.
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Navatar
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Reliability and Availability
Covercy
Our experience has been excellent so far. The only hiccup that we have had happen was when we were testing our signed document and signature process and the document wasn't initially sending. We figured out why it wasn't sending and were able to correct that issue in a very timely manner.
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Navatar
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Alternatives Considered
Covercy
I believe that Covercy is the only solution that is currently allowing Real Estate firms to distribute funds to their investors directly through the platform. Also, both other solutions are pretty expensive compared to the reasonable pricing that Covercy has in place (function of a number of properties rather than AuM or other methods).
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Navatar
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Return on Investment
Covercy
  • The ROI I can provide is for time management. It saves us at least 2 days' worth of work each quarter on capital distributions alone, and at least 30 minutes on each report distribution. Not to mention the amount of time it saves us on fielding client questions regarding their capital because they can just log in and see everything on their portal.
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Navatar
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ScreenShots