Perfona vs Relevant EquityWorks

Perfona9.4Visit RERelevant EquityWorks8.6Visit

Higher score Perfona #1 in Fund Administration Software 9.4/10 14-day trial Free trial✓ 5 of 5 features Visit Perfona

vs

RE Relevant EquityWorks #9 in Fund Administration Software 8.6/10 Pricing on request ✓ 5 of 5 features Visit site

• Perfona fits best

  Funds wanting transparent starting pricing

• Relevant EquityWorks fits best

  Funds needing broad accounting integrations

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Side by side

Feature	Perfona 9.4/10 Visit ↗	RERelevant EquityWorks 8.6/10 Visit ↗
At a glance
Editor score	9.4	8.6
Ranking	#1 in Fund Administration Software	#9 in Fund Administration Software
Best for	Funds wanting transparent starting pricing	Funds needing broad accounting integrations
Pricing model	Paid	Paid
Starting price	$500/mo	—
Free plan	—	—
Free trial	14 days	—
Deployment	Cloud	Cloud
Platforms	Web	Web
Integrations	3 integrations	6 integrations
Built for	Small business, Mid-market, Enterprise	Small business, Mid-market, Enterprise
Features Perfona 5/5 · Relevant EquityWorks 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 capital accounts, calls, distributions, fees, and waterfalls Investor portal supports reporting, performance, and document access Integrates with QuickBooks, NetSuite, Sage, and other ledgers
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 requires contacting sales Web access is the listed platform option Its broad feature set may exceed smaller fund needs
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 →	Relevant EquityWorks is a web-based private-equity platform combining fund administration, fund accounting, investor management, portfolio management, waterfall calculations, reporting, capital raising, and an investor portal. It is… Read the review →

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

• Relevant EquityWorks — where it wins

  • Covers capital accounts, calls, distributions, fees, and waterfalls
  • Investor portal supports reporting, performance, and document access
  • Integrates with QuickBooks, NetSuite, Sage, and other ledgers

  Where it doesn't

  • Pricing requires contacting sales
  • Web access is the listed platform option
  • Its broad feature set may exceed smaller fund needs

• Perfona9.4/10 · 14-day trial

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

  Visit PerfonaFull verdict →
• RERelevant EquityWorks8.6/10 · Pricing on request

  A broad private-equity administration platform with accounting integrations and sales-led pricing.

  Visit siteFull verdict →