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Asora vs Masttro: Which is the Best Family Office Software for you?

Choosing the right family office software is crucial for success. The right platform helps you access real-time information, reduce manual work, and manage deals effectively. With many options available, deciding can be challenging.

In this article, we compare Asora with Masttro to help make an informed decision as to which platform is the right fit for you. 

Asora family office software

Asora is designed to help family offices of all sizes track and manage assets. It functions as both an operating and reporting tool, automating data aggregation, cleaning, and enrichment. Key features include:

  • Data Aggregation: Automated data aggregation helps reduce manual error.
  • On-Demand Reporting: Access digital reports via web and mobile.
  • Deal Tracking: Easily monitor deals and portfolio performance.
  • Robust Security: Always-on encryption ensures data protection.

Masttro family office software

Masttro serves family offices, wealth professionals, and larger institutions, providing a comprehensive platform to manage financial data. Key features include:

  • Wealth Map: Detailed breakdown of ownership structures.
  • Portfolio Management: Holistic view of all liquid and illiquid assets.
  • Secure Sharing: Share documents securely with stakeholders.
  • Easy Integration: Seamlessly integrate with other platforms.

Asora vs Masttro: Pricing

Pricing Comparison

  • Asora: Tier-based pricing starting at €850 per month, designed to be fair and accessible. Includes all features and unlimited seats with optional add-ons.
  • Masttro: Flat-fee pricing model, details not publicly available.

Asora vs Masttro: Features

Reporting 

Masttro provides pre-set report templates, making it easy to manage various data types and uses AI technology for fund reports.

Asora offers tailored, on-demand reports that users can download in PDF or Word format. You can customize the function, time frame, currency, and more.

Wealth Map 

Masttro’s wealth map shows a detailed ownership structure but only tracks entities via owners.

Asora’s wealth map provides a comprehensive look-through mode, offering precise ownership distribution analysis.

Task Management 

Masttro lacks a task management feature.

Asora includes a task board to assign tasks and monitor progress.

Deal Tracking 

Masttro does not support deal tracking.

Asora offers pipeline tracking for assets under review, ensuring team-wide information consistency.

Historic Data

Masttro tracks month-to-month performance at the account level and requires manual uploads.

Asora provides detailed asset-level performance data over any period, allowing insights into individual asset performance.

Why is Asora the best Masttro alternative?

USER INTERFACE

Masttro’s older interface may impact usability, while Asora’s modern, intuitive design ensures easy navigation without a steep learning curve.

We decided to use Asora since it contained all the necessary functions that we needed while remaining easily accessible, contained a database function to store our information, and had a UX/UI design that was both modern and easy-to-use.

– Kasit Eiamsakulrat, K. E. Skye

PRICING

Masttro’s flat fee suits large enterprises. Asora’s tier-based pricing and add-ons cater to family offices of all sizes.

ACCOUNTING

Masttro requires manual uploads for asset history. Asora automatically rebuilds full holdings history, providing detailed accounting and performance data for each asset.

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