Case Study:
Webster Equity Partners + Chronograph

How Webster Equity Partners utilizes Chronograph GP to scale portfolio monitoring across its growing healthcare portfolio.

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Case Study Takeaways

 

  • Webster leverages Chronograph GP to collect, validate, and centralize both financial and qualitative portfolio data.
  • With Chronograph GP, Webster administers its end-to end valuation process with greater efficiency, governance, and auditability.
  • Webster uses Chronograph GP’s ‘Report Module’ to centralize and automate quarterly reporting, enhancing data integrity, eliminating duplicative data entry, and reducing back-and-forth between investment, finance, and investor relations teams.
  • With Chronograph GP, Webster has materially reduced time spent on manual data entry and validation in its valuation process. This has enhanced the finance team’s ability to evaluate outputs, investigate material variances, and stress-test underlying assumptions.

“Chronograph’s implementation team is exceptional. They’ve been very responsive and deeply committed to understanding our objectives and the KPIs that support our operations, which allowed us to configure the platform to fully align with our needs. Even after implementation, they continue to help us expand and optimize our use cases.”

“Our team is growing, but not at the same pace as our portfolio. Chronograph has been essential to keeping up with the volume of data we have to process, manage, and review, driving considerable time savings across firmwide workflows.”

“Previously, managing valuations required extensive manual follow-ups with our investment team. With Chronograph’s automated reminders and unified view across the entire portfolio, we’ve reduced follow-ups by roughly 80% and saved countless hours once spent tracking down status updates.”

“Before Chronograph, whenever we needed to understand where a valuation input came from, we had to track down the original file from the portfolio company and scroll through documents that were often 30 pages or longer to find the P&L. Chronograph’s source document auditability has been a game changer — now we can simply click on any number in the database to instantly view the original file.”

“Our LPs’ expectations for transparency continue to rise, and their diligence requests have become increasingly granular. Chronograph enables us to meet this demand by automating our bespoke, recurring investor requests.”

“Chronograph’s intuitive capture interface has meaningfully improved our quarterly financial data collection process without compromising our capacity to exercise human judgment over our data. This has moved our team away from manual data entry and toward higher-value review and validation, resulting in a trusted, easily queryable dataset that we can confidently use for valuations and reporting.”

“Chronograph has gotten us out of the weeds of manual workflows, allowing us to be higher-level with our data and focus on the analysis and strategic discussions that keep us at the forefront of the industry and help us deliver maximum value to our LPs.”

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