Optimize Transaction Processing and Improve Cash Flow

Accounting can be complex, arduous, and extremely time-consuming for real estate companies, especially if they own a huge property portfolio. Having said that, accounts payable and receivable are key functions that have a significant impact on the cash flow. It is therefore, critical to ensure efficient transaction processing to facilitate smooth flow of cash. Springbord's team of experts bring years of experience in managing day to day finance and accounting (F&A) activities and are uniquely qualified to support your critical F&A functions. We offer a full suite of services for both public and private companies. Whether it's supplementing and supporting your in-house resources or outsourcing the entire process, Springbord offers scalable, cost-effective, and efficient transaction processing services.

Our current clientele includes many of the world's leading real estate investment companies, real estate investment trusts (REITs), opportunity funds, private equity groups, and pension fund advisors. We support all the major accounting platforms, including JD Edwards/Oracle, CTI, MRI, Yardi and SAP. Our team comprises chartered accountants and MBAs with significant experience in US and non-US GAAP accounting principles, enabling us to efficiently manage accounting functions. Springbord’s key service offering includes:

Real Estate Accounts Payable Support Services

  • Invoice scanning
  • Invoice receipt and coding
  • Vendor management
  • General ledger coding
  • Employee expense reports
  • Check runs and electronic payments
  • Accounts receivables and cash application

Real Estate Accounts Receivables and Cash Application Services:

  • Monthly rent roll billing
  • Lock box reconciliation
  • Cash application and receipt
  • Cash log preparation and reconciliation

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