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Head-to-head · Fund Administration Software

Perfona vs Ashta.ai

  • Updated Oct 2026
  • Both researched from official sources
  • 6 checks side by side
Higher score Perfona #1 in Fund Administration Software 9.4/10 14-day trial Free trial✓ 5 of 5 features Visit Perfona
Ashta.ai #3 in Fund Administration Software 9.2/10 Pricing on request ✓ 5 of 5 features Visit Ashta.ai

Perfona leads on 0 checks, Ashta.ai on 0, and 6 are even. Who comes out ahead on the 6 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scorePerfona · 9.4/10
  • Free trialonly Perfona

Perfona scores higher on our rubric for fund administration software: 9.4 against 9.2 out of 10; our editors rank them #1 and #3.

Perfona is the better fit for funds wanting transparent starting pricing. Ashta.ai is the better fit for full-service fund administration teams.

  • Perfona fits best

    Funds wanting transparent starting pricing

  • Ashta.ai fits best

    Full-service fund administration teams

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature Perfona 9.4/10 Visit ↗ Ashta.ai 9.2/10 Visit ↗
At a glance
Editor score 9.4 9.2
Ranking #1 in Fund Administration Software #3 in Fund Administration Software
Best for Funds wanting transparent starting pricing Full-service fund administration teams
Pricing model Paid Paid
Starting price $500/mo Pricing on request
Free plan — —
Free trial 14 days —
Deployment Cloud Cloud, Browser extension
Platforms Web Web
Integrations 3 integrations 100+ integrations
Built for Small business, Mid-market, Enterprise Small business, Mid-market, Enterprise
Features Perfona 5/5 · Ashta.ai 5/5
Investor portal ✓ ✓
Capital account tracking ✓ ✓
NAV workflows ✓ ✓
Allocation waterfalls ✓ ✓
Capital call workflows ✓ ✓
Specs
Investor limit Not checked yet Not checked yet
Our review
Pros
  • Real-time NAV, accounting, allocations, and waterfall workflows
  • Investor portal includes onboarding, KYC/AML, statements, and reports
  • RESTful APIs, SFTP, and third-party data feeds support integrations
  • Covers accounting, NAV, waterfalls, capital calls, tax documents, and audit logs
  • Combines investor onboarding, portals, subscriptions, and e-signatures
  • Supports multi-entity, multi-currency, multi-class, and ownership workflows
Cons
  • No free plan is available
  • Investor Technology starts at $1,500 per month
  • The platform is tailored to alternative investment firms, not general accounting
  • Pricing and support levels are set through customer agreements
  • No free plan or published starting price
  • May require integration work across accounting and compliance systems
Our verdict

Perfona is a web-based fund administration platform for alternative investment firms, including hedge funds, private equity, real estate, credit, and hybrid funds. It brings together multi-asset, multi-currency accounting, general ledger…

Read the review →

Ashta.ai is an enterprise fund-operations platform for fund managers, fund administrators, and alternative investment firms. Its coverage spans private equity, private credit, real estate, venture capital, and hedge-fund workflows. The…

Read the review →
  1. PerfonaFund Administration Software 9.414-day trial
  2. Ashta.aiFund Administration Software 9.2Pricing on request

Strengths and trade-offs

  • Perfona — where it wins

    • Real-time NAV, accounting, allocations, and waterfall workflows
    • Investor portal includes onboarding, KYC/AML, statements, and reports
    • RESTful APIs, SFTP, and third-party data feeds support integrations

    Where it doesn't

    • No free plan is available
    • Investor Technology starts at $1,500 per month
    • The platform is tailored to alternative investment firms, not general accounting

  • Ashta.ai — where it wins

    • Covers accounting, NAV, waterfalls, capital calls, tax documents, and audit logs
    • Combines investor onboarding, portals, subscriptions, and e-signatures
    • Supports multi-entity, multi-currency, multi-class, and ownership workflows

    Where it doesn't

    • Pricing and support levels are set through customer agreements
    • No free plan or published starting price
    • May require integration work across accounting and compliance systems
  • Perfona9.4/10 · 14-day trial

    A broad fund administration system with transparent starting prices and a 14-day trial.

    Visit PerfonaFull verdict →
  • Ashta.ai9.2/10 · Pricing on request

    A broad fund-operations platform for teams managing complex investor and accounting workflows.

    Visit Ashta.aiFull verdict →

More comparisons

All fund administration software comparisons → · Full ranking →

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update