Ensuring Faster Processing of Invoices Seamlessly
Considering numerous core functions that property managers or real estate companies need to focus on, they are often left with limited time to handle accounts payable and receivables. While these processes are critical to maintaining a steady cash flow and meeting companies’ financial goal, the sheer volume of transactions and huge ticket size involved make the process complex and cumbersome. Add to this, most of the real estate accounting processes are primarily manual, making it prone to inherent errors including duplication of invoices, data entry errors and even cyber/data security. These challenges are further compounded given the time constraint, restricting property managers ability to efficiently manage these tasks, while chipping away at the time needed to focus on more strategic business operations.