At Corbin Capital Partners, a specialized alternative investment management firm, fostering a culture of trust and transparency is more than just a goal — it’s a practice cultivated through thoughtful and innovative data management solutions. By leveraging the capabilities of Intapp DealCloud, Corbin Capital partners have found dynamic ways to enhance employee data ownership, ensuring their investment team feels more connected and accountable.
So, how exactly does Corbin Capital achieve this? It all begins with addressing the challenges inherent in managing vast amounts of data. Employees often experience “required field fatigue” — the overwhelming feeling that comes from having to fill in numerous data fields, which can lead to incomplete or inaccurate data. To address this, Corbin Capital implemented solutions that balance data quality with user-friendly practices — starting with a few key innovations.
Gamified data
One of the key tactics Corbin Capital adopted to improve data practices is gamification. This involves measuring data governance through a scoring system, which makes it easy to flag weaknesses and roadblocks alongside wins.
By introducing gamification and visual accountability — making scores and progress visible across the firm — they’ve turned a potentially tedious task into an engaging experience. Imagine this: you’re working on inputting data, and instead of seeing it as a chore, you see a chance to score points and achieve a 100% completeness score. That’s what Corbin Capital’s gamification approach does — it makes data entry more interactive and rewarding.
Conditional fields
To address the issue of field fatigue on the team, Corbin Capital decided to reduce the number of required fields and introduce conditional required fields. This means that only the most pertinent information is prompted, making the data entry process less daunting and more efficient. Behind the scenes, governance runs smoothly to ensure that data remains accurate and reliable.
Data support
The use of Microsoft Power BI and Microsoft Power Automate has further revolutionized Corbin Capital’s workflow. Power BI helps team members visualize data governance and accountability, providing a clear picture of where improvements are needed and guiding employees on how to achieve them. Power Automate, on the other hand, ensures seamless integration and email automation within the Microsoft stack, reminding users about missing documents and promoting timely data delivery.
Document governance
Corbin Capital’s document governance practices are also noteworthy. They ensure that all deals come with associated tear sheets and deal memos. Automated email prompts notify employees of any missing documents, reinforcing a culture of diligence and completeness without the need for constant manual oversight. With data and document governance at the foreground of processes, the firm is more organized and equipped for success.
Measuring success
The results of these changes speak volumes. Since implementing its new data practice in August 2024, Corbin Capital has experienced a noticeable increase in investment team activity and engagement. Employees know exactly where to go and what to fix, leading to a more streamlined and efficient process.
The result? A system that empowers employees and fosters a culture of trust and transparency at Corbin Capital Partners. By addressing data management challenges head-on and implementing innovative solutions, Corbin Capital has built an environment where employees feel valued, accountable, and engaged. It’s a testament to how modern technology, when combined with thoughtful practices, can transform the workplace for the better.
Ready to implement better data and document solutions at your own firm? Discover how Intapp DealCloud can help — schedule a demo today.