Ryan Kagels, CFO at Counsel Financial, talks about the time savings gained by using Verivend.
Category: Customer Stories
Counsel Financial – Have you received feedback from your investors or partners?
Ryan Kagels, CFO at Counsel Financial, talks about the feedback they’ve received from using Verivend with their investors and partners.
“The investors love it. They say, ‘I see an email, I click accept, and the money is in my account by the end of the day.’”
Counsel Financial – Is there a certain feature that really stands out?
Ryan Kagels, CFO at Counsel Financial, talks about the features of Verivend’s platform that really stand out.
“Everything in one platform is very helpful and you can see who has accepted a payment and what payments are pending.”
Counsel Financial – What would you tell someone about Verivend?
Ryan Kagels, CFO at Counsel Financial, talks about what he would say to someone considering using Verivend’s platform.
“Once you try it, you will be on board immediately.”
“It reduces the float and lag on payments, and everything is real-time, which also saves businesses money.”
Counsel Financial – What can Verivend help you with next?
Ryan Kagels, CFO at Counsel Financial, talks about what else Verivend can help his firm save time across their operations.
“I think the sky is the limit with Verivend.”
“The amount of time savings using the platform across its various functions is very helpful.”
Lorraine Capital Introduction
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about how Verivend provided their firm ways to be more efficient and provide their Limited Partners with the best experience possible.
“We’re always looking for ways to be more efficient in how we can process and fund our transactions and provide our investors and Limited Partners with the best experience possible.”
“Before Verivend, our process was very manual and painstaking that took a lot of internal manpower and time to complete.”
Lorraine Capital – How were you introduced to Verivend?
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about how he was introduced to Verivend and the solutions it provides.
“There was great alignment with what we do and how we do it, and to create meaningful efficiencies for us and to provide a much better experience for our Limited Partners.”
Lorraine Capital – Before Verivend how did you send and receive capital?
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about how his firm sent and received capital before using Verivend.
“Before Verivend, it was such a manual process.”
“Our first experiences with Verivend have been tremendous — there are significant time savings, a differentiated user experience for us, and it’s easy to use, simple, and very efficient.”
“Our investor partners have a much easier experience as well.”
“It really is so much simpler than what we did before.”
Lorraine Capital – When did you realize you made the right decision with Verivend?
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about when they realized they made the right decision to use Verivend to move and manage their firm’s private capital.
“The first time we pushed distributions through the platform, we realized we made a good call.”
“We were able to see the acceptance from all of our LPs in real-time.”
“We spent less than an hour of time as opposed to two days of time.”
Lorraine Capital – How easy was the onboarding process?
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about the ease of Verivend’s onboarding and education process.