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Elevate Your Real Estate Revenue Cycle with Springbord’s Premier Accounts Receivable Services

  • Utilize the advantages of specialized accounts receivable solutions to optimize cash flow and enhance tenant relations.
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Proven Excellence

8+ Years of Expertise

Delivering top-tier property accounting services for diverse real estate clients.

100+ Clients

Serving a wide-ranging clientele, including commercial offices, retail centers, and mixed-use developments.

ISO/IEC 27001: 2013

Recognized for International Data Security compliance.

100% Accurate & On-Time

Adherence to committed timelines and precision benchmarks through the Certainty Index (TM).

Services Overview

At Springbord, we understand the unique intricacies of the real estate market and the pivotal role of efficient accounts receivable management. Our suite of accounts receivable solutions is designed to cater specifically to real estate businesses, from small-scale proprietors to extensive property management firms.

What We Offer

Efficient Receivables Management
Efficient Receivables Management

Automate and streamline the invoicing process, ensuring timely rent and charge collections from tenants.

Outstanding Payment Tracking
Outstanding Payment Tracking

Vigilant monitoring of overdue tenant payments and systematic application of late fees.

AR Reconciliation
AR Reconciliation

Ensuring that all transactions are accurately recorded, and tenant accounts are up-to-date.

Springbord stands out as a leading accounts receivable outsourcing firm, providing tailored solutions that not only manage your receivables but also enhance tenant satisfaction and retention.

Navigating AR Challenges with Tailored Solutions

Managing accounts receivable in the real estate sector comes with its own unique set of challenges. Springbord’s services are strategically designed to tackle these issues effectively.

Challenges in Real Estate Accounts Receivable

Challenges in Real Estate Accounts Receivable

Delayed Payments:
Managing late or missed payments from tenants, which can disrupt cash flow.

Inaccurate Billing:
Ensuring accuracy in billing tenants for rent, utilities, and other charges, especially in properties with fluctuating costs or shared services.

Tenant Disputes:
Resolving disputes over charges or payments, which can be time-consuming and affect tenant relationships.

Complex Reporting Requirements:
Adhering to stringent financial reporting standards and ensuring compliance with real estate accounting practices.

Inefficient Tracking of Receivables:
Keeping track of outstanding payments, especially when managing multiple properties or units.

Springbord’s Solutions

Springbord’s Accounts Receivable Solutions:

Automated Payment Reminders:
Implementing automated systems to remind tenants of upcoming or overdue payments, enhancing the timeliness of receivables.

Precision in Billing:
Utilizing advanced software to ensure accurate and transparent billing, reducing errors and misunderstandings.

Dispute Resolution Mechanisms:
Offering efficient channels for addressing and resolving tenant disputes, maintaining positive tenant relations.

Compliance-Focused Reporting:
Ensuring all accounts receivable activities are compliant with real estate financial regulations and reporting standards.

Sophisticated Receivables Tracking:
Employing state-of-the-art tools for tracking all receivables, offering real-time insights into the status of each account.

Accounting Software Portfolio

QuickBooks
Sage Accounting Software
Yardi property management software
MRI Real Estate Software
AppFolio Property Management Software

Why Choose Us?

Springbord stands out as a premier choice for accounts receivable outsourcing in the real estate sector for several compelling reasons

Testimonials

Explore Our Comprehensive Collection of Blogs, Whitepapers, And Case Studies

Blog
Analyzing financial statements in real estate accounting: Key metrics to monitor
Analyzing financial statements in real estate accounting: Key metrics to monitor
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Common Accounting Challenges Faced by Real Estate Property Managers
Common Accounting Challenges Faced by Real Estate Property Managers
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The Importance Of Tracking Rental Income And Expenses In Rental Property Accounting
The Importance Of Tracking Rental Income And Expenses In Rental Property Accounting
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Frequently Asked Questions

Springbord stands out due to its deep understanding of the real estate market, customized service offerings, and use of advanced technology in accounts receivable management.

Absolutely. We tailor our accounts receivable solutions to meet the specific needs of various real estate entities, from small to large property management firms.

Our commitment to personalized service, industry-specific expertise in real estate, and our integration of the latest AR technology sets us apart.

Our transition process involves an initial consultation, a detailed review of your current processes, data migration, and a phased implementation to ensure a smooth transition.

We employ stringent data security measures, including encryption and secure data handling practices, to protect your financial information.

Traditional accounts receivable outsourcing involves transferring AR processes to an external company. Virtual outsourcing refers to managing these processes remotely, using cloud-based technologies.