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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Covercy One

    Score9.6 out of 10
    N/ACovercy One is an investment management and fund administration platform built for commercial real estate general partners (GPs), syndicators, and fund managers. It brings fundraising, investor relations, distributions, banking, and fund administration into one platform.

    $498

    per month per 2 assets

    QlikView

    Score8.4 out of 10
    N/AQlikView® is Qlik®’s original BI offering designed primarily for shared business intelligence reports and data visualizations. It offers guided exploration and discovery, collaborative analytics for sharing insight, and agile development and deployment.N/A
    Pricing
    Covercy OneQlikView
    Editions & Modules
    No answers on this topic
    QlikView
    Custom
    per user
    Offerings
    Pricing Offerings
    Covercy OneQlikView
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details—On an perpetual license basis, based on server plus number of users. Contact vendor for pricing.
    More Pricing Information
    Features
    Covercy OneQlikView
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Covercy One and QlikView
    Feature
    Covercy One
    -
    Ratings
    QlikView
    8.6
    68 Ratings
    5% above category average
    Pixel Perfect reports00 Ratings8.050 Ratings
    Customizable dashboards00 Ratings9.766 Ratings
    Report Formatting Templates00 Ratings8.060 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Covercy One and QlikView
    Feature
    Covercy One
    -
    Ratings
    QlikView
    8.1
    67 Ratings
    1% above category average
    Drill-down analysis00 Ratings8.266 Ratings
    Formatting capabilities00 Ratings7.867 Ratings
    Integration with R or other statistical packages00 Ratings8.336 Ratings
    Report sharing and collaboration00 Ratings8.162 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Covercy One and QlikView
    Feature
    Covercy One
    -
    Ratings
    QlikView
    8.6
    62 Ratings
    5% above category average
    Publish to Web00 Ratings8.049 Ratings
    Publish to PDF00 Ratings9.056 Ratings
    Report Versioning00 Ratings7.542 Ratings
    Report Delivery Scheduling00 Ratings10.048 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Covercy One and QlikView
    Feature
    Covercy One
    -
    Ratings
    QlikView
    7.4
    58 Ratings
    8% below category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.955 Ratings
    Location Analytics / Geographic Visualization00 Ratings7.546 Ratings
    Predictive Analytics00 Ratings6.85 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Covercy One and QlikView
    Feature
    Covercy One
    -
    Ratings
    QlikView
    6.7
    60 Ratings
    23% below category average
    Multi-User Support (named login)00 Ratings8.159 Ratings
    Role-Based Security Model00 Ratings5.355 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings5.555 Ratings
    Report-Level Access Control00 Ratings8.13 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Covercy One and QlikView
    Feature
    Covercy One
    -
    Ratings
    QlikView
    8.0
    47 Ratings
    3% above category average
    Responsive Design for Web Access00 Ratings8.044 Ratings
    Mobile Application00 Ratings9.028 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings8.038 Ratings
    Best Alternatives
    Covercy OneQlikView
    Small Businesses
    No answers on this topic
    Cyfe
    Score4 out of 10
    Medium-sized Companies
    No answers on this topic
    Qlik Cloud Analytics (Qlik Sense)
    Score8.1 out of 10
    Enterprises
    No answers on this topic
    Sisense
    Score6.9 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Covercy OneQlikView
    Likelihood to Recommend
    8.3
    (25 ratings)
    7.6
    (88 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.8
    (29 ratings)
    Usability
    -
    (0 ratings)
    8.0
    (15 ratings)
    Availability
    8.6
    (22 ratings)
    9.8
    (4 ratings)
    Performance
    -
    (0 ratings)
    8.6
    (4 ratings)
    Support Rating
    -
    (0 ratings)
    3.3
    (15 ratings)
    Online Training
    -
    (0 ratings)
    8.0
    (3 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.4
    (13 ratings)
    Data Sharing and Collaboration
    -
    (0 ratings)
    7.8
    (43 ratings)
    Data Sources
    -
    (0 ratings)
    7.8
    (43 ratings)
    Product Scalability
    -
    (0 ratings)
    8.9
    (2 ratings)
    User Testimonials
    Covercy OneQlikView
    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
    Incentivized
    Read full review
    Qlik
    Sales data validations have helped manage our justifications in the past, especially with regard to new product development and new business introduction. It has also been helpful in identifying trends with business impact and direction specific to quarter and monthly sales from ERP data as well as decisions to purchase equipment of staffing based on run rates and product demand.
    One thing that can get out of hand is data output - if you aren't careful in your query, you may be overloaded with data dumps and drown in the amount of info you have to filter through. This is a user caution, not a comment on the software itself.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Qlik
    • QlikView has a simple, relational data model that's REALLY fast. Filtering and changing data is dead simple results are almost immediately available.
    • The free version of Qlikview is almost completely featured, so you roll a pro-level product out to an entire department for really cheap.
    • QlikView is really flexible--if you can imagine it, you can build it.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Qlik
    • We found that QlikView can be a bit slow in supporting some forms of encryption. It is web-based and we needed to upgrade all of our server to not support the older SSL and TLS 1 protocols, only support TLS 1.2 and TLS 1.3. However, QlikView could not run with TLS 1.2 and TLS 1.3. We had to wait over six months to get a version that would handle the newer TLS versions.
    • There are so many options with QlikView that you can get lost when developing a visualization. There are still items I have not yet figured out, such as labeling a graph with the name of a selected detail item.
    • QlikView works by pulling the data it is going to use for visualization into its database. I am a security reviewer and I need to make certain that PII and PHI is not pulled by QlikView for a visualization, otherwise this could become a reportable indecent.
    Incentivized
    Read full review
    Likelihood to Renew
    Covercy
    No answers on this topic
    Qlik
    Ease of use, ability to load from pretty much any data source. today I created an application that loaded time sheets from excel that are not in a table format. With Qlik's "enable transformation steps" I was able to automate loads of multiple spreadsheets and multiple tabs easily. Could not do that with any other tool.
    Incentivized
    Read full review
    Usability
    Covercy
    No answers on this topic
    Qlik
    QlikView is very easy to implement. The installation is very straight forward. QlikView has several different data connectors that can connect to different data sources very smoothly. The user interface to build the reports is very easy to understand. This helps to have a smaller learning curve. Something very helpful is that QlikView is a browser application for the end users. So, you don't need to install any applications on the user's computer.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Qlik
    We have not had any downtime issues with the product nor uncovered any significant bugs
    Read full review
    Performance
    Covercy
    No answers on this topic
    Qlik
    It is not a SAAS product.
    Read full review
    Support Rating
    Covercy
    No answers on this topic
    Qlik
    My experience with the Qlik support team has been somewhat limited, but every interaction I have had with them has been very professional and I received a response quickly. Typically if there is a technical issue, our IT team will follow up. My inquiries are specific to product functionality, and Qlik has been very helpful in clarifying any questions I might have.
    Incentivized
    Read full review
    In-Person Training
    Covercy
    No answers on this topic
    Qlik
    My team attended, but I cannot myself rate, but I think it was good as they've successfully launched a training program at our company themselves for users. It was 3-4 day training.
    Read full review
    Online Training
    Covercy
    No answers on this topic
    Qlik
    Training was as expected. The demo environments tend to be more fully featured that our own environment, but the training was clear and well delivered.
    Read full review
    Implementation Rating
    Covercy
    No answers on this topic
    Qlik
    "Implementation" can mean a few things... so I'm not sure that this is the answer you want.... but here it goes: To me, implementation means: "Is the user interface intuitive and can I produce meaningful reports with ease?" On that score, I'd say YES. The amount of training required was minimal and the results were powerful. The desktop implementation is a simple, "blank" interface just waiting for your creativity. The pre-populated templates give you a reasonable start to any project -- and a good set of objects to "play around with" if you're just getting started. Finally, note that the "implementation" I used was baked into QuickBooks 2016 Enterprise -- called "Advanced Reporting"..... That integration makes it ultra useful and simple.
    Incentivized
    Read full review
    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).
    Incentivized
    Read full review
    Qlik
    The only other vendor product that I have worked with that provides a similar experience to Qlikview is Tableau. I would recommend Tableau if your use case is to build a fixed dashboard. You can share reports for free without needing to buy additional licenses. I would recommend Qlikview if your users are looking for a more interactive experience. They can create new objects to represent the data which can't be accomplished as easily in Tableau
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Qlik
    • You can use the free desktop version to do a lot of reporting and analysis work more quickly so the ROI is huge
    • QlikView is great at finding outliers such as data entry errors
    • QlikView is great at helping you quickly discover new insights about your business that can prompt you to take action that can immediately affect your cash flow.
    Incentivized
    Read full review
    ScreenShots

    Covercy One Screenshots

    Screenshot of Covercy One's investor relations and investment portfolio management dashboard gives commercial real estate GPs a single view of assets under management, active fundraises, holdings, and portfolio performance — including IRR, equity multiple, cash-on-cash, and DPI.Screenshot of A white-labeled investor relations portal where limited partners self-serve their dashboard, capital accounts, distributions, reports, and K-1s 24/7 — keeping commercial real estate investors informed without manual updates from the GP.Screenshot of Integrated fund administration for commercial real estate funds: NAV calculation and fund accounting, transfer agent and cap table services, DTCC/AIP connectivity, and K-1 and tax support within one investment management platform.Screenshot of Neo, Covercy One's AI-powered Co-GP, answers questions across portfolio and fund data, flags items that need attention, and drafts investor updates, performance reports, and capital call notices — supporting investor relations and back-office workflows.Screenshot of Covercy One calculates multi-tier distribution waterfalls — preferred return, catch-up, and promote — and pays each limited partner by ACH or wire, reconciling every distribution to the investor's capital account automatically.

    QlikView Screenshots

    Screenshot of QlikView Sales DashboardScreenshot of QlikView on all devicesScreenshot of QlikView using mobile touch screen